Tag: Pakistan Economy

Pakistan’s IMF Trap: The Road to Economic Independence

Muhammad Mohsin Iqbal
Pakistan’s economic dependence on IMF loans and the challenge of achieving economic independence

Pakistan’s IMF Trap: The Long Road to Economic Independence By Muhammad Mohsin Iqbal Pakistan’s recurring dependence on the International Monetary Fund (IMF) has become an enduring feature of its economic history. Every new programme brings temporary relief, helps restore confidence in the country’s ability to meet its external obligations and offers another opportunity to place the economy on a sustainable path. Yet, as one agreement follows another, a fundamental question remains unanswered; why has Pakistan repeatedly needed external assistance to finance its needs and stabilise its economy? The problem extends…

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Qaiser Ahmed Shaikh Highlights Investment and Economic Growth

Amir Muhammad Khan

Dinner in Honor of Qaiser Ahmed Shaikh; Emphasis on Promoting Investment and Economic Growth Jeddah (Reported by Amir Muhammad Khan): Pakistan is no longer the Pakistan of the past; the national economy has seen significant improvement, and foreign exchange reserves have reached approximately $20 billion. These remarks were made by the Federal Minister for the Board of Investment, Qaiser Ahmed Shaikh, while addressing a dinner hosted by Masood Ahmed Puri, Chairman of the Kashmir Committee. Leaders from the Pakistan Investors Forum, the Kashmir Committee, the Pakistan National Solidarity Forum, and…

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Gulf Conflicts and Their Impact on Pakistan’s Economy

Muhammad Mohsin Iqbal

The Gulf’s Conflicts and Their Cost to Pakistan by Muhammad Mohsin Iqbal: Throughout the long and often turbulent history of the Gulf, the states of that vital region have repeatedly been plunged into the furnace of war, with consequences that have reverberated far beyond their shores and touched the lives of distant peoples dependent upon the free passage of oil. The Iran-Iraq conflict that erupted in nineteen-eighty, Iraq’s brazen invasion of Kuwait a decade later, the subsequent American-led campaign to liberate that small sheikhdom, the invasion of Iraq itself in…

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Pakistan Power Market Reform: CTBCM and Competitive Electricity Trading

Mian Iftikhar Ahmad

Pakistan’s Power Market Transition to a Competitive System Mian Iftikhar Ahmad A historic change is taking place in Pakistan’s power market, the announcement of which was made by Federal Minister for Energy Awais Leghari in a video message and which is also confirmed by official documents. Under this new system, the government is withdrawing from its traditional role of central electricity purchasing and a competitive trading bilateral contract market known as CTBCM is being introduced, the basic objective of which is to make direct buying and selling between power producers…

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Moody’s Upgrades Pakistan Credit Rating to B3 Amid Economic Stabilisation

Nadeem Ali
Pakistan credit rating upgrade as Moody’s raises sovereign rating to B3

The Pakistan credit rating upgrade reflects stronger foreign-exchange reserves, improved fiscal conditions, lower domestic financing costs and greater resilience to external economic shocks. ISLAMABAD: Moody’s Ratings has upgraded Pakistan’s sovereign credit rating from Caa1 to B3, citing improvements in the country’s external position, fiscal indicators and domestic financing conditions. The ratings agency retained Pakistan’s outlook at stable, signalling that it does not currently expect a major change in the country’s credit profile. Moody’s said Pakistan’s external vulnerabilities have eased as its foreign-exchange reserves have continued to increase. The agency attributed…

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The Prime Minister’s Commendable Speech — But Questions Over Petrol Price Remain

Zain Ali
Pakistan Role in Iran Israel Conflict showing diplomatic mediation and global peace efforts

(Publish from Houston Texas USA) (By Amir Muhammad Khan) The war imposed on Muslim countries during the holy month of Ramadan is not only affecting the Muslim world but is also expected to have far-reaching consequences for the global economy. Even after the conflict ends, its economic repercussions may continue to influence international markets for years. Against this backdrop, Prime Minister Mian Shehbaz Sharif, in his recent address to the nation, spoke about the deteriorating global economic situation, the growing risk of recession, and the surge in petrol prices. He…

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