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SepBy Sakib Sherani Published in Dawn on September 14, 2023 PAKISTAN is experiencing its most severe economic crisis in recent history. However, as I have argued previously, this crisis is “a crisis like no other” (Dawn, May 2022). It is not just an economic meltdown, but a confluence of myriad and complex challenges in the political, governance […]
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SepBy Salman Siddiqui Published in The Express Tribune on September 12, 2023 KARACHI: The inflow of workers’ remittances sent home by overseas Pakistanis through official channels remained low at $2.09 billion in August 2023, adding to pressure on the country’s capacity to pay for imports and repay the maturing foreign debt. According to the State Bank of[…]
By Sakib Sherani INTRODUCTION Pakistan is experiencing severe economic conditions as a result of a confluence of multiple crises. The economy has elevated external financing needs well into the medium term, and requires deep restructuring, both structurally as well as institutionally. Resolving these challenges is necessary for a sustained economic recovery. However, the fact that Pakistan is[…]
