According to the IMF, Pakistan's exports as a share of GDP have declined over the past decade as export volume growth has stagnated amid considerable de-industrialization. Consequently, Pakistan's share in global trade has steadily declined. The export basket lacks technological sophistica...
of boom and bust cycles. It showed high growth rates during the 1960s and 1980s, however, in the 1990s growth took a downward trajectory. In the second half of the 1990s, it almost collapsed. The decade of 1990s was a lost decade in the economic history of Pakistan from the perspective...
Pakistan faces the renewed risk of recession amid a deepening political and economic crisis and a delay in the revival of the International Monetary Fund’s (IMF) bailout programme which has also shifted investors' attention towards safer assets compared to riskier ones. Cumulatively, the yellow me...
Pakistan is currently in a neoliberal, austerity-emphasised International Monetary Fund (IMF) programme, while Argentina is reportedly also looking for IMF assistance, as the same FT published article pointed out ‘…Milei is hoping to borrow up to USD 10 billion on top of the USD 44 billion ...
At first blush, the two countries seem wildly different. Italy is a member of the G-7 and the world’s eighth largest economy. Pakistan, despite having more than triple the population, barely cracks the top 40. It has also been bailed out by the IMF nearly 15 times. ...
Pakistan's Federal Minister for Finance, Revenue, and Economic Affairs Asad Umar said that Pakistan was in urgent need of 12 billion U.S. dollars to stave off the balance of payment crisis, out of which, a major chunk would be acquired through the IMF loan. ...
Pakistan’s 24th IMF Loan Will Not Resolve Its Structural Economic Crisis Chaudhry Rasheed - September 26, 2024 The government of Pakistan must be breathing a sigh of relief that the IMF has approved a $7 billion bailout program for 37 months... Search Follow Us on Twitter 35,374Follower...
It’s not just capital inflows from China boosting Pakistan’s growth potential. Thanks to stabilisation policies adopted under anIMF reform programmeagreed in 2013, Pakistan’s macro fundamentals are brighter today than at any time since the global financial crisis. ...
” Despite pledging not to seek IMF assistance, Khan changed his mind… and earned himself the nickname of prime minister of U-turns. He also seeks foreign investment to get out of the crisis; so much so, in fact, that Khan, in aninterviewwith Al Jazeera on the issue of Chinese re...
Pakistan and IMF reach $3bn rescue funding deal Preliminary agreement staves off threat of default but reforms needed to resolve economic crisis, say analysts June 15 2023 IMF criticises Pakistan budget as pressure mounts for bailout package ...