Remittances above $2b for fourth month in a row: PM Imran

Published in The Express Tribune on October 12, 2020 Pakistan recorded an inflow of $2.3b foreign currency in September ISLAMABAD: Prime Minister Imran Khan revealed on Monday that the remittances flowing into Pakistan reached $2.3 billion in September 2020, keeping the inflow of foreign currency to the country above $2 billion for a fourth consecutive month. “Despite Covid more […]

Performance and challenge

Published in Dawn, June 1st, 2019 IN an article titled ‘Boom or bust’ published in Dawn two years ago, I had posed the question whether the then government would behave any differently from its predecessors and, while hoping it would, answered that, “as in the past, we will fill up the tank with borrowed money for fuel,[…]

A low value-added export trap

Published in The Express Tribune, June 22nd, 2019. While there has been much debate about the strengths and weaknesses of Pakistan’s economy, the one thing that no observer of the economy can deny is its predictability. A balance-of-payments crisis forced the government to enter into an IMF stabilisation package a decade ago as did another crisis five[…]