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 […]

16

Sep

Understanding this crisis

By 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[…]

12

Sep

Sharp drop in worker remittances

By 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[…]