Economic Security

Political Instability and the Economy 0
- Blog, Economic Security
- August 3, 2023
Pakistan’s economic woes can be attributed to its consistent political instability comprising ouster of elected governments through military coups and other means. International Relations discourse tells us that successful national economic plans have strong and upright political systems at their back. Better strategies require consistency and long-term commitment, which has not been the case withREAD MORE
IMF Deal – Will it provide economic stability for Pakistan?0
- Blog, Economic Security
- August 3, 2023
IMF’s deal will be crucial in stabilizing the deteriorating economy and lessening the financial gap. GDP has ceased to increase in Pakistan, with growth projected to be just 0.29 percent for the fiscal year ending June 30. The major causes of current financial instability are global energy crisis, recent catastrophic floods, corruption and political turmoilREAD MORE
IMF deal: A glimmer of hope 0
- Blog, Economic Security
- July 26, 2023
Pakistan’s concern of a default has ended, as the executive board of the International Monetary Fund (IMF) approved $3 billion stand-by agreement for Pakistan. The approval allowed an immediate disbursement of $1.2 billion in order to help Pakistan stabilise its ailing economy. It can be said that there are no further default speculations or significantREAD MORE

Pakistan’s Foreign Debt and its Current Status 0
- Backgrounder, Economic Security
- July 11, 2023
As of March 2023, Pakistan’s total foreign debt was estimated at USD 125.7, according to the US State Department figures. Despite borrowing sums of money, some countries still manage to be financially stable owing to the fact that they themselves are net creditors as well. On the other hand, if a country is unable toREAD MORE
Five Biggest Challenges to Pakistan’s Economy 0
- Backgrounder, Economic Security
- July 11, 2023
The current state of Pakistan’s economy is appalling. Several factors are said to be responsible for such precarious economic conditions both at the micro and macro levels, that include depleting reserves, inflation, low tax to GDP ratio, rampant corruption and ad hoc foreign policies. There is no doubt that all the aforementioned factors are somewhatREAD MORE
Pakistan and the IMF 0
- Blog, Economic Security
- June 22, 2023
Pakistan joined the International Monetary Fund (IMF) in 1950, three years after Pakistan’s inception. Pakistan, as a newly established country, was facing fiscal issues. Eventually, Pakistan became the new client of the IMF in 1958, when Pakistan, for the first time, knocked on the door of the IMF for a bailout. From 1958 until now,READ MORE