Stories from Dr Hafiz A Pasha
More News
-
The World Bank’s message
Her basic message is that Pakistan “can and should do much better”, given its many assets
-
The crisis of primary education
The time has come to declare an education emergency, especially for primary and secondary education
-
The World Bank’s optimism on Pakistan
It is surprising that World Bank's report shows no awareness of the devastating floods which hit Pakistan in September
-
Early warning signs
It will be a real challenge for the beleaguered government to stabilise the economy once again.
-
Homegrown vs IMF recipe
Government has increasingly shown the tendency to adopt ‘homegrown’ reforms, following stabilisation of the economy.
-
The federal PSDP
Overall, the federal PSDP of 2014-15 reveals a hurried and ad hoc inclusion of a number of large, new projects.
-
Spiralling inflation
The government has continued to fuel demand-pull inflation by printing of large amounts of money.
-
The IMF review
The principal performance criterion was NIR. In this critical sense, the programme has failed to perform up till now.
-
The large budget deficit
Persistently large deficits financed in major part by printing of money will seriously exacerbate inflation.
-
A worrying slowdown in manufacturing
If the slowdown persists it is likely we may see little or no growth in 2010-11.