Articles

Economy in stress- Covid-19 and Pakistan

A strange paranoia has gripped the world. As Covid-19 accelerates there seems to be uncertainty, chaos and anxiety about the future world order. The world is also grappling with the devastating impact of Covid-19 on the economy, as it is not just a ....

July 04, 2020 Neighbourhood Studies , Pakistan , Article , COVID-19 , IMF , negative growth , Pakistan Economy , Pakistan Defence budget , Economic crisis

A Budgetary Farce in Pakistan

Tilak Devasher, Consultant, VIF Article

The expectation from the second full-year budget presented by the Imran Khan government was out-of-the-box thinking to tackle immediate and long term issues. These included the COVID-19 pandemic, economic slowdown and mounting debt on the one hand an....

June 24, 2020 Neighbourhood Studies , Pakistan , Article , Economic Survey , Defence budget , COVID-19 , negative growth , deficit , Debt & liabilities , IMF conditions , revenue targets

Pakistan: Worsening Economic Condition

Amb D P Srivastava, Distinguished Fellow, VIF Commentary

Pakistan was already going through an economic slowdown when the COVID outbreak took place. It had received the US $ 6 billion of assistance from the IMF under Extended Fund Facility last year. The money came with conditions. The IMF policy of inflat....

June 12, 2020 Neighbourhood Studies , Pakistan , Commentary , China , Saudi Arabia , CPEC , World Bank , Covid , IMF , Inflation , negative growth , oil revenues