04

Aug

Is the rupee too weak to recover?

By Mohiuddin Aazim Published in DAWN on July 25, 2022 In the absence of enough forex reserves, the State Bank of Pakistan (SBP) may only continue watching from the sidelines as the rupee falls from one all-time low to another over the past few months, and most recently during the week that ended on July 22. Meanwhile, […]

Pakistan has completed last prior action for review: IMF

By Tahir Sherani Published in DAWN on August 2, 2022 The International Monetary Fund’s (IMF) resident representative in Islamabad, Esther Perez Ruiz, said on Tuesday that Pakistan has completed the last prior action required for the Fund’s combined seventh and eighth review by raising the petroleum development levy (PDL). In a statement issued, she said, “With the[…]

03

Aug

Visions of Mahbub

By Murtaza Syed Published in The Express Tribune on August 02, 2022 Mahbub ul Haq taught me all I know about economics that is ultimately worth knowing. In a nation cruelly short of heroes, Mahbub, my first boss, was a shining light. As Chief Economist of the Planning Commission in the 1960s, he punctured the celebrated high[…]