By Mehtab Haider Published in The News on March 17, 2024 ISLAMABAD: Pakistan has decided to make a formal request to the IMF for securing a longer and larger size of fresh bailout package under the Extended Fund Facility (EFF) on the occasion of upcoming spring meetings of IMF/World Bank, scheduled to be held in Washington, DC, […]
Published in Dawn on March 15, 2024 THE latest Human Development Report from the UNDP presents a bleak global outlook, characterised by deepening inequalities and political polarisation. The report underscores the urgent need for collective action to navigate through these tumultuous times. Pakistan’s position in this global scenario is particularly concerning. Its descent from the 161st to[…]
By Shahid Iqbal Published in Dawn on March 10, 2024 KARACHI: The International Monetary Fund (IMF) has ignored the ‘managed exchange rate’ in Pakistan, providing space for policymakers to stabilise the economy, sources in the financial sector with close contacts in the Ministry of Finance said. For over two and a half months, the exchange rate has[…]