Innovation and Will IMF learn?
IT is now over eight months since the last IMF review in February 2020, and the next tranche of payment due as part of the IMF programme that Pakistan signed in July 2019 is still not forthcoming.
IMPACT OF COVID ON PAKISTANI EXPORTS: A SURVEY OF EXPORTERS
Pakistan's exporting firms did not report a significant change in the value of their export goods despite Covid-19 as decrease in demand was largely neutralised by higher prices for some of the goods.
Shrinking GDP, growing poverty
During the there-month lockdown due to the coronavirus Pakistan’s annual GDP growth for the calendar year 2020 is expected to contract by 3.2pc and job losses is estimated at 1.6 million.
Immediate policy options for countering the impact of the Coronavirus Pandemic on Pakistan’s economy must focus on Poverty June 20th 2020
We have earlier estimated the impact of the Coronavirus pandemic on Pakistan’s GDP and employment.
Estimates of the impact of the Coronavirus Pandemic on Pakistan’s Economy – 6 May 2020
Ever since the Covid-19 pandemic hit the globe, several international institutions have given various estimates about economic losses to different countries.
Business Confidence is Falling
The slowdown in Pakistan’s economy over the last two years has created a negative perception amongst different businesses, especially in Punjab’s provincial capital region.
Rediscovering Government
As the world is in the throes of a global crisis, most of the attention has been rightly focused on limiting the spread of the coronavirus and saving lives.
Need for Course Correction
OVER a dozen IMF programmes that Pakistan has entered into in the last 30 years have followed a familiar pattern: an economic crisis; turning to the IMF for relief; much cheering as initial measures lead to some improvement;
Lack of innovation leaves Pakistan uncompetitive globally
A company’s growth is an important dynamic underlying the process of structural change in developing countries.
A Turning Point
ECONOMIC history is a fascinating subject, and at its exciting best when one tries to explain to graduate students why Britain was the first country to have undergone the Industrial Revolution