By Abdul Khaliq (18 Nov 2023): With Islamabad already meeting the demand of raising the power and gas prices, the privatization of the State-Owned Enterprises (SOEs) remained a top agenda during the latest review of the $3 billion IMF stand-by …
Read More »ISEJ
What China wants from Pakistan?
By Khurram Hussain (09 Nov 23): WHAT China wants from Pakistan is the same as what China wants from every other country, which is to endlessly run a trade surplus in their favor. There might be a few specific things …
Read More »Pakistan eyes $600m Chinese loans
Shahbaz Rana (08 Nov 23): Pakistan has sought $600 million in fresh loans from two Chinese banks to bridge a big financing gap and also bets on successful completion of International Monetary Fund (IMF) talks for improvement in its credit …
Read More »Inflation forces people of Pakistan into debt cycle, sale of assets
(18 Sept 2023): Growing up in a Pakistani household, lessons in `saving something for a rainy day` are inculcated into children from a young age. These savings could be in the form of cash or assets, like gold. For every …
Read More »Is Pakistan poised for default ?
By Khurram Husain (14 June 23): WITH dangerously low foreign exchange reserves and a steep debt repayment schedule looming for fiscal year 2024 that begins in July, Pakistan is facing a stark prospect of potential default or even a larger balance …
Read More »Pakistan faces record high inflation as political turmoil simmers
By Mubarak Zeb Khan (2 JUNE 2023): Consumer inflation raced to 38 per cent in May, the highest annual rise in prices on record, driven mainly by skyrocketing costs of food, house rents, electricity and gas bills, and transport, says …
Read More »Pakistan’s debt from China becomes burden as CPEC does not generate enough growth
Abdul Khaliq (May 15, 2023): Since 2013, Pakistan’s historical relationship with China has taken a geopolitical role through the launch of China-led infrastructure connectivity project the China Pakistan Economic Corridor (CPEC), a key part of the Belt Road Initiative (BRI). …
Read More »Deal-or-default; Is it endgame for Pakistan?
By Abdul Khaliq (3 February 23): The IMF mission is currently in Pakistan on 10-day long visit to discuss the stalled ninth review of the country’s current funding programme. The loan talks revived after govt finally bows to IMF command. …
Read More »IMF shareholders deeply divided over Pakistan request to suspend loan surcharges
WASHINGTON: (12 Dec 22) The International Monetary Fund’s executive board on discussed the surcharges it collects from mostly middle- and lower-income countries on larger loans that are not repaid quickly, but failed to agree to launch a formal review. Argentina, Pakistan …
Read More »CADTM Colombo Declaration
(By CADTM) 4 Dec 22- We, the participants of the 9th CADTM South Asia meeting from Bangladesh, India, Nepal, Pakistan, Sri Lanka, as well as from Morocco, Belgium, Spain and France, assembled in Colombo, Sri Lanka, from December 2–4, 2022, …
Read More »