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











