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May 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Anjum Ibrahim

In defence of Hafeez Sheikh
Print

In defence of Hafeez Sheikh

Eight months after forming the government in the centre Pakistan Tehrik-i-Insaaf (PTI), like the Pakistan People's Party (PPP), was compelled to hire the same technocrat, Dr Hafeez Sheikh, to lead its economic team but with one critical difference: Sheikh
Published 03 Jun, 2019 12:00am
IMF and NFC award
Print

IMF and NFC award

Criticism of the press release uploaded on the International Monetary Fund (IMF) website on 12 May 2019, amongst other considerably more socio-politicaly challenging prior conditions, also focused on the mention of the National Finance Commission (NFC) aw
Published 27 May, 2019 12:00am
Best possible deal
Markets

Best possible deal

Did Hafeez Sheikh get the best possible deal from the International Monetary Fund (IMF) given Pakistan's unsustainable twin deficits, budget deficit estimated at 7.2 percent of GDP (though independent sources place it nearer to 8 percent) and a declining
Published 20 May, 2019 12:00am
Treasuries given no indicative level
Markets

Treasuries given no indicative level

The State Bank of Pakistan (SBP) did not provide an indicative level to banks' treasuries within which the rupee dollar parity would be free to fluctuate for the second day on Thursday, leaving the commercial banks free to determine their own rates, highl
Published 17 May, 2019 12:00am
Treasuries given no indicative level
Markets

Treasuries given no indicative level

The State Bank of Pakistan (SBP) did not provide an indicative level to banks' treasuries within which the rupee dollar parity would be free to fluctuate for the second day on Thursday, leaving the commercial banks free to determine their own rates, highl
Published 17 May, 2019 12:00am
The IMF and Pakistan
Markets

The IMF and Pakistan

At the time of writing this article staff level agreement between the International Monetary Fund (IMF) and Pakistan authorities had not been reached. The IMF mission expected to wind up on 10 May extended its departure as talks were to continue over the
Published 13 May, 2019 12:00am