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Economic cost of disruptions

By saeed-ahmed-rid Published in Dawn on December 16, 2024 THE finance minister’s recent statement, attributing daily financial losses of Rs190 billion to the political protests sparked by PTI, offers an important but incomplete picture of Pakistan’s ongoing economic and political turmoil. While it’s valuable to quantify the financial impact of these disruptions, the minister has conveniently ignored […]

Economic plan?

Published in Dawn on December 15, 2024 FINANCE Minister Muhammad Aurangzeb’s comment at an Islamic finance conference that, having effectively addressed its economic woes, the country is on the path to stability and growth, is overly optimistic, if not boastful. It is true that the country no longer faces the economic emergency of a year ago, when[…]

China becomes Pakistan’s largest creditor with $29bn loans

By Khaleeq Kiani Published in Dawn on December 04, 2024 ISLAMABAD: With almost $29 billion in loans, China has become Pakistan’s largest creditor. The nation, home to 240 million people, also ranks among the top three loan recipients from the International Monetary Fund (IMF) this year, according to a World Bank report. The World Bank’s International Debt[…]