• Political Instability and the Economy

    Political Instability and the Economy0

    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?

    IMF Deal – Will it provide economic stability for Pakistan?0

    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

    IMF deal: A glimmer of hope0

    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

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