Financing private sector growth
By Ali Salman/Beenish Javed Published in The Express Tribune on July 19, 2021 ISLAMABAD: Over the last two decades, Pakistani banks have experienced structural reforms and a phenomenal growth. Their profitability has multiplied several times and they have played an important role in job creation as well. But it […]
Why is the IMF so unpopular?
By Usman Hayat Published in DAWN on July 14, 2021 People have protested against the International Monetary Fund (IMF) in country after country that has borrowed from it, be it Argentina, Ecuador, Egypt, Greece, Jordan, Kenya, Nigeria, Pakistan or Tunisia. The placards held by the protesters often accuse the IMF,[…]
From food surplus to famine?
By Zeba Sathar Published in DAWN on July 08, 2021 ON July 1, Prime Minister Imran Khan absented himself from a high-level national security briefing to address an even more crucial threat facing Pakistan — food insecurity. On some level, it was heartening to see the prime minister focusing on[…]
Remittances soar to all-time high in FY21
By Salman Siddiqui Published in DAWN on July 13, 2021 KARACHI: The amount sent home by overseas Pakistanis in fiscal year 2020-21 registered the fastest growth in past 18 years and rose to an all-time high of $29.4 billion while playing a leading role in boosting country’s foreign currency reserves[…]