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Anjum Ibrahim

Whither the budget deficit
Opinion

Whither the budget deficit

There was intense speculation on the government's ability to meet the budget deficit target of 7.2 percent for the current fiscal year, the same as projected for 2018-19, agreed with the International Monetary Fund (IMF) even before the rampage wrought on
Published 04 May, 2020 12:07am
Critical appraisal of SBP report
Opinion

Critical appraisal of SBP report

The State Bank of Pakistan's (SBP) report for the first half of the current financial year reiterated its unconditional support for the International Monetary Fund (IMF) programme conditions - a pledge restated in the one-page Monetary Policy Committee st
Published 27 Apr, 2020 02:51am
Policy rate cut
Opinion

Policy rate cut

The Monetary Policy Committee (MPC) met for the third time in less than one month on 16 April 2020 and reduced the rate to 9 percent - from 13.25 percent effective 20 July to 16 March, 12 .5 percent from 17 March to 23 March and 11 percent effective 24 Ma
Published 20 Apr, 2020 12:00am