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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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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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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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He will release a mini-budget on January 23. Revenue collection in the first half of fiscal year 2018/19 (July-June) showed 3.8% annual growth. The government targets a budget…
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DOI: 10.1108/OXAN-DB241230
ISSN: 2633-304X
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At a plenary meeting in October, the FATF urged Islamabad to complete a remedial action plan by February 2021. Previous threats to relegate Pakistan to a ‘blacklist’, which would…
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DOI: 10.1108/OXAN-DB258000
ISSN: 2633-304X
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Prospects for emerging economies in 2016.
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DOI: 10.1108/OXAN-DB206634
ISSN: 2633-304X
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BAHRAIN: Economic recovery faces risks from Riyadh
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DOI: 10.1108/OXAN-ES259538
ISSN: 2633-304X
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GULF STATES: The war of economic attrition may be long
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DOI: 10.1108/OXAN-ES229277
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…