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 […]
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AugBy 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[…]
By Mohiuddin Aazim Published in DAWN on August 29, 2022 In August 2021, annual inflation in the US was 5.3 per cent. It rose gradually to hit a 40-year high of 9.1pc in June 2022 before slipping to 8.5pc in July. Similarly, the inflation rate in the UK began rising from 3.1pc in September last year and[…]
