Pakistan sinking in a sea of debt – by Shaukat Masood Zafar: During the previous couple of years, Pakistan’s economy is constantly falling into the debt trap, consisting of both domestic and foreign loans, causing financial hardship, joblessness, decrease in personal income and high cost of living for a common man,
To have debt or not to have debt – by Ali Wahab: Source: Express Tribune To have debt or not to have debt by Ali Wahab July 26, 2010 KARACHI: Every now and then we read statements or comments in newspapers and blogs that Pakistan’s economic situation is not good. Points
Why Pakistan Needs a Debt Relief from the World?: The International Monetary Fund’s Poverty Reduction Strategy Paper (PRSP) for Pakistan was released in the first week of July. The underlying message of the PRSP was the acknowledgment of the fact that Pakistan has paid an immense price for
Pakistan’s Global Political Economy – by Anas Muhammad: As the recession hit; the jobless rates soared to 10% and more, banks at the brink of failing, stock exchange plummeted, and economy was left paralyzed. All this happened in United States, which sparked a global recession, bringing down