Dr. Ghulam Mohey-ud-din, Principal Economist
Pakistan’s economy has long been in the grips of financial instability, characterized by a rising debt burden and frequent recourse to external financing. The recent statement by Finance Minister Muhammad Aurangzeb underscores the urgency of the situation, as he highlighted
You’re strolling down the aisles of your favorite supermarket, and you notice that the prices of your beloved groceries have dropped. Suddenly, your dollar stretches further, and it feels like Christmas came early. Sounds great, right? But hold on to
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 recent years, digital money and payment systems have become the significant tools for improving the tracking of economic transactions and documentation of the economy throughout the world. Pakistan, like numerous other nations, is gradually realizing the importance of implementing
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,
While nobody can deny the fact that cities are the engines of economic growth and are essential for harnessing the benefits of agglomerations and economies of urbanization, integrated and inclusive rural transformation is just as important as urban development in
Pakistan and Saudi Arabia have deep-rooted diplomatic relations since 1947, since Pakistan’s independence; these have been full of cultural, religious, and historical affinity between the two nations. Financial aid from Saudi Arabia has been crucial during economic crunch and natural
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