Pakistan’s default risk worsens

Karachi: The perception of Pakistan’s risk of default has worsened with the five-year credit default swap (CDS) surging by 30 percentage points in a week to 93% on Monday ahead of the repayment of $1 billion for a maturing int...

Path to inclusive growth and innovation

In a rapidly digitizing world, Information and Communication Technology (ICT) has emerged as transformative force, behind regional and global progress by fostering innovation, connectivity, and efficiency across various sectors....

23-Apr-2025 Read More

Pakistan and the new economic chess board

Winston Churchill once remarked, “The further back you look, the further forward you are likely to see.” The recent escalation of the trade war amid a disintegrating economic world order is remarkably reminiscent of the pre-...

23-Apr-2025 Read More

Foreign loans

Pakistan has received 12.5 billion dollars in foreign loans during the first nine months of the current fiscal year against the budgeted amount of 20.4 billion dollars (external receipts 5,685,801 million rupees at the exchange ...

23-Apr-2025 Read More

Lending in Pakistani Markets

With financial markets in Pakistan somewhat stabilising, interest rates lowered (& likely to come down further), and inflation coming down, it is time now for the central bank (State Bank of Pakistan – SBP) to perhaps cons...

23-Apr-2025 Read More

Financial Sovereignty

Despite a steady stream of optimistic reports from within Pakistan and from multilateral financial institutions abroad suggesting that the country’s economy is undergoing a remarkable turnaround, the broader reality remains gr...

23-Apr-2025 Read More