Current Affairs Economy August 2016

CPEC: A Positive Outlook By Ahsan Iqbal

On July 5, 2013, a memorandum of understanding (MoU) on the China-Pakistan Economic Corridor (CPEC) was signed between the governments of China and Pakistan on the occasion of Prime Minister Nawaz Sharif’s first foreign visit after assuming power.

Read more August 29

The CPEC Initiatives By Malik Muhammad Ashraf

Coming in the backdrop of the phenomenal economic progress of China and the global economic recession of 2008, the Belt and Road Initiative of Chinese President Xi Jinping aims at a trade and infrastructure network connecting Asia with Europe and Africa.

Read more August 27

Seeking Economic Sovereignty By M Ziauddin

Instead of doing what we should be doing to attain a degree of economic sovereignty we have been going around the world with a hat in hand.

Read more August 25

National development By Atta-ur-Rahman

Pakistan today has the slowest growing economy in South Asia with the GDP of Myanmar growing at 8.6 percent, Bhutan at 8.4 percent, India at 7.5 percent and Bangladesh 6.6 percent.

Read more August 24

An Alternate Route For CPEC By Afzal A. Shigri

CHINA’S remarkable economic development has transformed the lives of billions of people at home and around the world. Its outreach includes the markets of Africa and Asia, and the country enjoys great commercial success as a result of its robust economic relationship with Europe and North America.

Read more August 23

Pakistan-IMF Ties: A Chequered History

Since 1958, Pakistan has availed 16 programmes of the International Monetary Fund (IMF) yet the relationship has been far from smooth.

Read more August 18

Warning Signs For The Economy | Editorial

The country’s finance managers have traditionally looked towards remittances to be the salvaging grace in times of falling exports, shrugging off any concerns over balance of payments.

Read more August 13

Economic Recovery? Turn Left By Saadia Gardezi

The Federal Government believes that in the wake of the International Monetary Fund’s clearance of the last $102 million tranche of a three-year $6.4 billion Extended Fund Facility (EFF), the Pakistani economy is free from the IMF and its loan restrictions.

Read more August 09

The IMF and Pakistan | Editorial

World Bank defines poverty in these words: “Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read.

Read more August 08

Poverty: How I have Seen it By Murtaza Talpur

The IMF cleared payment of $102 million in what was the last loan of the three-year Extended Fund Facility (EFF), marking the sixth time in Pakistan’s history that it has completed a bailout programme with the lender.

Read more August 08

Infrastructure Development as Social Justice By Ahsan Iqbal

Some vested interests are trying hard to manufacture a narrative against the PML-N government’s progress on the China-Pakistan Economic Corridor (CPEC).

Read more August 07

Goodbye to the IMF? By Hussain H Zaidi

Has Pakistan’s economy become strong enough to stand on its own feet without the crutches of foreign assistance? The federal government believes so in the wake of the International Monetary Fund’s clearance of the last $102 million tranche of a three-year $6.4 billion Extended Fund Facility (EFF).

Read more August 06

Monetary Policy | Editorial

THE State Bank has hewed to a cautious stance in keeping the key discount rate unchanged in its latest monetary policy announcement despite furnishing a very upbeat assessment of the state of the economy.

Read more August 01