SBP fails to set up $400m oil fund

Islamabad: The State Bank of Pakistan (SBP) has shown its inability to set up a $400 million fund or make advance payments for smooth oil imports due to the thin foreign exchange reserves amid the Petroleum Division’s warning ...

Pakistan’s roadmap to crypto legalization–II

Please click here to read Part-I of this article. The establishment of a regulatory framework for cryptocurrencies in Pakistan necessitates a structured and phased approach. The first article of this series explored the in...

23-Mar-2025 Read More

Stagnation and reform

Pakistan’s economy remains mired in stagnation, weighed down by structural inefficiencies and policy inertia. The recent remarks by the Planning Minister Ahsan Iqbal, identifying major impediments to economic progress, reso...

23-Mar-2025 Read More

Tough talks

Pakistan’s struggle to secure a staff-level agreement with the International Monetary Fund is still on. The IMF has made it clear that more reforms are needed before further financial assistance can be pledged. Lack of fisc...

23-Mar-2025 Read More

Employment, exports and challenges

The information technology (IT) and IT-enabled services (ITES) industry has the potential to transform Pakistan’s economy. For decades, traditional industries have been the main providers of employment. However, the digital re...

23-Mar-2025 Read More

IMF’s concern for reform

Pakistan’s relations with the International Monetary Fund have been characterised by both cooperation and tension. IMF’s involvement in Pakistan’s economy has often been critical, particularly when it comes to structural r...

23-Mar-2025 Read More