03

Jun

Shadow economy accounts for 40% of GDP

By Shahram Haq Published in The Express Tribune on June 02, 2022 LAHORE: Pakistan is facing tough economic challenges and its key concerns are the external deficit and the mounting debt, which are pushing the country towards a deep financial crisis. A major task for the government is to stabilise the dwindling foreign exchange reserves as well […]

01

Jun

IMF outlines guidelines to revive loan programme

By Shahbaz Rana Published in The Express Tribune on June 01, 2022 ISLAMABAD: The International Monetary Fund (IMF) has said that “Pakistan needs to take wide-ranging steps to repair macroeconomic stability”, indicating that the revival of the programme would not be a cakewalk despite the government’s decision to increase fuel prices by 25%. The statement by Esther[…]

01

Jun

Avoiding economic meltdown

By DR MANZOOR AHMAD Published in The Express Tribune on May 30, 2022 ISLAMABAD: One of the steps taken by the government to forestall the gathering economic meltdown is to ban the import of about three dozen “luxury” goods (spread over 800 tariff lines), including vehicles, mobile phones, home appliances, and some prepared foods. This may be[…]