[ad_1] The IMF has made projections for 2023 and a number of subsequent years at the global and country level in its latest publication, World Economic Outlook, of April 2023.…
Tag: IMF and Pakistan
Serious economic crisis due to austerity policies, and weak multilateralism
[ad_1] Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021…
The economic malaise
[ad_1] Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term trends and more recent developments. The former is primarily the path of…
Stop blaming the IMF!
[ad_1] It has been forty days since the IMF’s (International Monetary Fund’s) technical talks concluded, but there have been no signs of the pending Staff Level Agreement (SLA) taking place.…
Falling exports and imports
[ad_1] The February figures of exports, imports and balance of trade have just been released. They tell a story of extreme contraction in the volume of trade. Cumulatively, over the…
Economic impasse is a ticking bomb waiting to go off
[ad_1] Nothing is going right in the country. The sovereign default is inevitable without an IMF (International Monetary Fund) deal which is being delayed at the behest of political leadership.…
Debt relief for developing countries
[ad_1] Many developing and low-income countries are under debt distress, and a few of which are also facing food crisis as well. This is an extremely grave situation, and it…
Shape up or ship out!
[ad_1] For the past few months, there has been significant concern and consternation over the possibility of a Pakistani “default,” which has been extensively covered in both local and international…
The challenge of trust deficit
[ad_1] “Trust deficit”, not anything else perhaps, is the principal reason behind the story of stalled International Monetary Fund (IMF) bailout, according to finance minister Ishaq Dar. In other words,…