21

Oct

Markets and disinformation

By Ishrat Husain Published in Dawn, October 21, 2021 MARKETS can allocate resources efficiently when there is competition among sellers and buyers. In order to have competitive markets certain conditions have to be met. Among others, there have to be multiple buyers and sellers who have the relevant information to make rational decisions and firms should have […]

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20

Oct

Current account remains in deficit despite jump in exports

By Omar Qureshi Published in The Express Tribune on October 20, 2021 KARACHI: Pakistan’s current account deficit – country’s higher foreign expenditures compared to income – remained elevated at $3.4 billion during the first quarter (July-September) of fiscal year 2021-22 in wake of spike in imports coupled with higher international commodity prices. According to the State Bank[…]

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20

Oct

$51.6 bn external financing required in two years

Published in The News on October 19, 2021 ISLAMABAD: Pakistan requires gross external financing of $51.6 billion within two-year period of the current fiscal year 2021-22 and next fiscal year 2022-23 in order to fulfill its needs. Without striking a deal with the IMF under the existing $6 billion Extended Fund Facility (EFF) during the ongoing parleys[…]

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