21

Sep

The conundrum

By Khurram Husain Published in Dawn on September 21, 2023 A SERIOUS conundrum has arisen for the economy. It cannot afford to grow, and at the same time, it cannot lie in the doldrums for very long either. There is no clear answer about how to get out of this situation, hence the choice of the word […]

19

Sep

IMF says PSDP projects cost in FY23 exceeds budget by 14 times

By Mehtab Haider Published in The News on September 19, 2023 ISLAMABAD: Amid receiving directives from the caretaker regime for abandoning projects that are politically motivated and of provincial nature executed through the federal Public Sector Development Program (PSDP), the IMF has pointed out that the total cost to complete projects in the PSDP stands at Rs10.7[…]

18

Sep

Pakistan’s other crisis

By Maleeha Lodhi Published in Dawn on September 18, 2023 PAKISTAN’S macroeconomic crisis, the most serious in its history, continues to warrant urgent and sustained attention. As is well known, the roots of this crisis lie in chronic fiscal deficits and external imbalances that are responsible for its perpetual balance-of-payments problems, high inflation and macroeconomic instability, necessitating[…]