28

Oct

The puzzling increase in remittances

By Dr Junaid Ahmed Published in The Express Tribune on October 28, 2020 Like many developing countries, Pakistan heavily relies on international remittances to sustain its economy. The money sent by overseas Pakistanis even exceeds the country’s export receipts. Any shock to remittance inflows can therefore have a significant impact on the country’s macroeconomic stability. During the […]

26

Oct

Will IMF learn?

By Rashid Amjad Published in DAWN on October 26, 2020 IT is now over eight months since the last IMF review in February 2020, and the next tranche of payment due as part of the IMF programme that Pakistan signed in July 2019 is still not forthcoming. The IMF needs to acknowledge that we have implemented almost[…]

20

Oct

Mideast, Central Asia face a decade of economic pain: IMF

Published in DAWN on October 20, 2020 DUBAI: It might take countries in the Middle East and Central Asia a decade to return to the economic growth seen before the coronavirus crisis, the International Monetary Fund said, as long-standing regional vulnerabilities weigh on their recovery. Lack of diversification among oil-exporting countries and the reliance of oil importers[…]