In the wake of Pakistan’s present economic turmoil, some voices supported pursuing the strategy of Import Substitution Industrialisation (ISI). The most notable
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As countries in the developing world have begun to falter economically during the post-Covid era, their publics have begun to seethe with a rage directed at
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As Sri Lanka runs out of fuel, its people are running out of patience. Ever since it defaulted on its foreign debt, the island nation has
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The question of asset-declaration for powerful figures is a subject of immense controversy, and it is also a point raised by the International Monetary Fund (IMF)
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Pakistan today faces an unprecedented economic crisis, with fast-depleting reserves, declining exports and remittances, surging inflation, rising unemployment, weakening rupee, and decreasing business production
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One of the most important areas of contention between Pakistan and the International Monetary Fun (IMF) has been on the privileges
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A glimpse across Pakistan’s economy today indicates that profitable and productive industries and businesses are struggling in a variety of ways. Yet when probed
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Having wasted nearly a year in political squabbling, and unable to take important decisions or focus on the economy, while also being battered
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Although the persistent interest of most observers has been on the IMF’s ongoing negotiations with Pakistan on the Ninth Review, it is important for us to
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The IMF is a large and complex bureaucracy which contends with multiple objectives in a dynamic international environment. Therefore, it is inherently unfair
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