IMF Archive
Holding the economy hostage – By Khurram Husain: Don’t believe the hype. This is not about protecting the poor from inflation, or stopping corruption. This is about one thing only: blood. Let me explain. The opposition to the government’s attempts to introduce a value added tax (VAT)
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,
Pakistan’s foreign exchange reserve hits $16.9 billion: Pakistan’s foreign exchange reserve climbs to record $16.99 billion in the week ending on October 1st, up from $16.79 billion held previous week, the State Bank of Pakistan announced on Thursday. State Bank spokesman Wasimuddin told the media, “the
A Response to Shahzaman’s video ‘Boycott Electricity Bills from November 2010’- by Sindhyar Talpur: A video is doing rounds by the Singer Shazaman which calls on people to not to pay their electricity bills in the November of 2010. Tactics evidently is of bougious civil disobedience, thats what ‘parah likhas do’ not stupid tire
EU agrees to grant Pakistan trade breaks: Great Britain and Germany were pushing the 27-nation summit to offer Pakistan trade advantages to help the country battle flood devastation. European Union countries agreed on Thursday to grant trade concessions to Pakistan to help it overcome the impact
Trust the IMF — by Farrukh Khan Pitafi: Terrible times require extreme measures but somehow Islamabad manages not to appreciate this reality. There is no harm in keeping one’s chin high and marching on in the hour of trouble. However, the gruesome realities of an unfortunate series
Looking beyond the calamity – by Imtiaz Alam: Indeed the natural and no less man-made calamity of the floods is still continuing across Pakistan. The scale of devastation is so horrendously huge and still so incalculable that no government or agency of any capacity could cope with
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 War on Terror has cost Rs 2 trillion to the national economy – IMF Report – by Ahmed Iqbalabadi: It boggles my mind when I hear statements from leaders living in utopia that “It’s not our war”, “We are fighting someone else’ war” and then self contradictory points on “we are not getting enough for being involved in
Inflation and Crony Capitalism in Pakistan: Source :Ahmed Nadeem Gehla Blog Almost one third of the population of Pakistan lives under poverty line. Same number of children have never gone to school. If an educated youth willing to work is unemployed or a child cannot
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
Economic stability taking hold in Pakistan: IMF: In all this hoo-ha of NRO, Judicial Activism and yellow journalism, people of Pakistan have forgotten that there is an economy that is running and running well, which to those in perpetual denial will seem unbelievable. According to IMF,
Hating Zardari – by Shakir Hussain: Source: The News Whenever people ask me about the funniest Asif Zardari joke I’ve ever heard, my response is always, “That he is the most successful president in the 63 year history of Pakistan.” I can picture readers cringing,
“Bonus season at the IMF” – Not institutions we destroyed: By Ahmad Nadeem Gehla Institutions of a state are always the first causality of dictatorship. Although dictatorships promote a feeling of ’stability’ which encourages the investor, the absence of institution soon takes away the fruits of stability. The house of cards built by
International conspiracies against Pakistan – an eye opener for conspiracy theorists: Capital suggestionConspiracies against us Sunday, November 23, 2008by Dr Farrukh Saleem It’s a Jewish conspiracy. Medinat Yisra’el or the State of Israel has appointed Yuli Tamir, a PhD from the Oxford University, as their minister of education. Just look
Pakistan Is Striving to Avoid IMF Aid as Economy Worsens: The Wall Street Journal – NOVEMBER 5, 2008 Zardari in New Bid for Saudi Help By MATTHEW ROSENBERG and ZAHID HUSSAIN ISLAMABAD, Pakistan — In dire need of financial help to stave off an economic collapse and beat back
Pakistan needs financial and logistic aid to sustain the war on terror: Global crisis and war on terrorismThe International Monetary Fund (IMF) warned on Saturday that “debt-ridden banks were pushing the global financial system to the brink of meltdown” and “the rich nations had so far failed to restore confidence”. According