[ad_1] The SBP (State Bank of Pakistan) is trying to check inflation through just one instrument, the interest rate, based on the theological belief that the issue is demand, ignoring…
Tag: SBP
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.…
The challenge of rising interest rates
[ad_1] While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as time. The world’s first recorded hyperinflation came during…
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.…