Monthly Archives: June 2022

By Mehtab Haider Published in The News on June 20, 2022 ISLAMABAD: The Medium-Term Budget Strategy Paper for 2022-23 to 2024-25 envisages slowing down of GDP growth ranging from 5 to 6.2 percent. The government will focus on reducing the fiscal deficit from 7.1 percent of GDP in the outgoing fiscal year to 2.9 percent of GDP […]

By Sakib Sherani Published in DAWN on Jun 17, 2022 THE federal government has presented its budget for the next fiscal year under challenging conditions. While the economic situation is dire, the political context is no less difficult and trying. The incumbent government leads an eight-party “rainbow” coalition engaged in tough negotiations with the IMF, with seven[…]

By Rashid Amjad Published in DAWN on Jun 17, 2022 OUR current economic crisis is as much a result of external shocks as our lack of understanding of macroeconomic dynamics that have caused frequent changes in Pakistan’s growth path. Indeed, this lack of understanding has led the economy to move in stop-go economic cycles at regular intervals;[…]