Dr. Ghulam Mohey-ud-din, Lead Economist
Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though there is many a slip between the cup and the lip, the latest news from the Geneva conference about generous pledges worth US
In Pakistan, managing the unofficial economy presents a multitude of complicated issues. The lack of documentation and absence of adequate record-keeping constitutes one of the key obstacles. This makes it hard for the government to maintain track of business activity, tax
Pakistan is currently grappling with a severe economic crisis characterized by escalating electricity and fuel prices and a depreciating foreign exchange rate, resulting in widespread public discontent. The public and business communities are vociferously protesting against the surging electricity bills,
Pakistan is passing through an economic crisis. Trade deficit, external debts, foreign exchange rate, and forex reserves are a source of concern for national and economic security. Pakistan needs to navigate the situation carefully. Pakistan’s foreign exchange reserves currently stand at