14

Sep

Reforms & the IMF

By Rashid Amjad Published in Dawn on September 14, 2024 STRUCTURAL reform is a prerequisite for Pakistan’s sustained economic growth. To put it bluntly, given our population and labour force growth rates, we need to grow at six per cent at a minimum to reduce poverty, unemployment and regional disparities. Yet, whenever we try to do so, […]

10

Sep

Remittances soar to $3b in Aug

By Salman Siddiqui Published in The Express Tribune on September 10, 2024 KARACHI: Workers’ remittances sent home by overseas Pakistanis remained strong at nearly $3 billion in August 2024, marking a significant 40.5% increase compared to the same month last year. T his robust growth is attributed to the prolonged stability of the rupee against the dollar[…]

Pakistan slipping into economic abyss, says Atif Mian

By Anwar Iqbal Published in Dawn on September 08, 2024 WASHINGTON: In a sobering analysis of Pakistan’s economic turmoil, Princeton economist Atif Mian has warned that the country is facing an unprecedented financial crisis driven by a complex web of challenges. Mian, a Pakistani American scholar, points to the convergence of skyrocketing domestic and external debts, unsustainable[…]