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He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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This latest warrant issued against Kodjo is widely viewed as an attempt to intimidate further a leading opposition figure, as well as to send a strong message to other critics of…
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DOI: 10.1108/OXAN-DB254122
ISSN: 2633-304X
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The government insists it can ride out broader US and EU sanctions dating from 2014, a view supported by the Standard & Poor's (S&P) rating agency's July assessment that the…
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DOI: 10.1108/OXAN-DB236655
ISSN: 2633-304X
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Foreign development assistance from and to countries in the ‘Global South’ aims to disrupt not only the established direction of aid flows from the northern to the southern…
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DOI: 10.1108/OXAN-DB254673
ISSN: 2633-304X
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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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Shortly before Azhar replaced Abdul Hafeez Shaikh in the post, the IMF announced resumption of Pakistan’s stalled Extended Fund Facility (EFF) programme. The loan was agreed in…
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DOI: 10.1108/OXAN-DB261046
ISSN: 2633-304X
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However, negotiations will go ahead, notwithstanding Fund staff's recent misgivings on Greece's debt sustainability. Broader issues are whether the IMF's role as lender of last…
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DOI: 10.1108/OXAN-DB201363
ISSN: 2633-304X
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Islamabad wants to ease some of the loan’s conditions. Separately, the United States, the IMF’s largest shareholder, recently said it would reassess its relations with Pakistan…
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DOI: 10.1108/OXAN-DB264212
ISSN: 2633-304X
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The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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The speech notably identified several economic challenges facing the country, ranging from curbing inflation to creating jobs. Marcos registered high approval ratings during the…