Renegotiating a ‘Green’ IMF Programme
Teres no going back to the astCurrently, the International Monetary Fund (IMF or the ‘Fund’) stands halted with Pakistan. The pandemic is starkly bringing to surface a need for policymaker
Omer Javed holds PhD in Economics from the University of Barcelona, Spain. A former economist at International Monetary Fund, his work focuses on institutional and political economy, macroeconomic stability and economic growth.
Teres no going back to the astCurrently, the International Monetary Fund (IMF or the ‘Fund’) stands halted with Pakistan. The pandemic is starkly bringing to surface a need for policymaker
Aggregate demand must be allowed to collapse because of the pandemicThe pandemic has left the overall global economy in deep recession; negatively impacting in turn both aggregate demand and a
How the covid-19 pandemic was visibleBack in 2012, the World Bank in its report ‘Connecting sectors and systems for health results’ had clearly indicated ‘‘…recent pandemic threats c
Will anyone do the needful?‘This nation asks for action, and action now’– Franklin D. Roosevelt’s inaugural addressThere is crisis after crisis facing the people, may that be for i
The pandemic has made privatisation a problemAs the government is reportedly looking to privatize Pakistan Steel Mills (PSM), among other state-owned enterprises (SOEs), it should know that re
There are ways of avoiding oneAround $8 trillion have been spent globally to deal with the Covid-19 pandemic, to support lives and livelihoods of people affected by the virus and lockdowns, re
Whither the global economy and financial markets?The International Monetary Fund (IMF) recently published two reports a) ‘World Economic Outlook’ (WEO) titled ‘The Great Lockdown’, and
Why are our schools behind others?That the level of education in South Asia, especially school education, lacks considerably than many other regions in the world is no secret. That the same re
Both the developing and developed countries were unprepared for the crisisIn a public health policy note of the World Bank Connecting sectors and systems for health results and published in 20
Improving liveability and economic activityPakistan has gone through a strong phenomenon of rural-urban migration over the years. Having said that, the public spaces of its hundred-plus cities
Important lessons about over-reliance on monetary toolsThe World Economic Forum (WEF) recently launched the 15th edition of one of its flagship reports ‘The Global Risks Report 2020’, whic
There has been no revision of the programmeTo initiate discussions on the second review of the Extended Fund Facility (EFF) programme, a mission of International Monetary Fund (IMF) visited Pa