03

Sep

The reality of foreign assistance

By Zafar U. Ahmed Published in DAWN on September 03, 2022 IN the modern age, no country can flourish in isolation. They have to trade: whether for fuel, technology, labour, etc. Pakistan wants to import much, but has limited competitive goods to sell in return — so it takes from international lenders or relies on aid to […]

A pyrrhic victory

By S. Akbar Zaidi Published in DAWN on September 01, 2022 CELEBRATING an IMF deal is a contradiction in terms. Such agreements might temporarily rescue governments and their economies, but these are always anti-people with deep and deleterious long-term consequences. The announcement made by the IMF to revive Pakistan’s programme this week, which perhaps the government of[…]

30

Aug

Govt on an even keel as IMF okays $1.1bn tranche

By Mehtab Haider Published in The News on August 30, 2022 ISLAMABAD: The coalition government’s months-long strenuous efforts finally delivered on Monday as the IMF Executive Board revived the stalled programme and approved the combined 7th and 8th reviews and release of $1.1 billion tranche under the Extended Fund Facility (EFF). The Fund augmented the size of[…]