Tag Archives: IMF

Israel’s Water Revolution: A Blueprint for Pakistan’s Water Crisis

Israel's water independence policy has been successful in eradicating water crisis in that country. Pakistan, being the sixth most populous nation, and the third largest country facing water crisis, can learn from Israel's innovative approaches.

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View from Pakistan: Crocodile Tears of the Corrupt

While opposition is an important ingredient in the political system of parliamentary democracy, unfortunately in Pakistan it more of a mudslinging match rather than the presenting of viable alternatives. 

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What Next After Change of Financial Guard in Pakistan

Hafeez Shaikh, who will administer Pakistan's troubled economy after the exit of his predecessor Asad Umar, would do well to form a team of his own choice to be able to handle the country's failing economy and push down soaring inflation, writes one analyst.

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‘Bandh’ Politics

While military intervention may be the solution of last resort, martial law is really no solution. With Pakistan’s government taking measures indirectly helping opposition leader Imran Khan becoming successful bringing Islamabad to a total standstill, the economy will take a significant hit.

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Asian-led Financial Bodies Needn’t Compete with Current Players

As the world globalizes further, other developing regions are likely to establish their own regional institutions to provide global public goods. An important lesson for these countries from Asia’s experience is that such institutions should find ways of cooperating with global institutions instead of trying to upstage and replace them.

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Responding to Sri Lanka’s Economic Crisis

The gloomy short-term economic forecast is bound to test the strength of Sri Lanka’s ruling coalition. In managing painful economic reforms, the government’s hard work is only beginning.

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Will Sri Lanka Overcome its Economic Woes?

It appears that Sri Lanka is in for some tough negotiations with the IMF. It has to address the structural issues, bring in financial reform to expand the tax base, reduce unnecessary expenditure and address the budget deficit. And it must do all these in a difficult political climate.

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Breaking Sri Lanka’s Economic Gridlock

The sharp drop in oil prices is helping to turn around Sri Lanka’s external current account, but remittance earnings are being hit hard, while export earnings remain in negative territory. The impact of global developments is only one side of the story. More compelling is the government’s capitulation to reform inertia.

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IMF Reform Agenda Good News for Asia

The global financial safety net needs reform. It is too small, too fragmented and too unresponsive. Reforming the safety net would benefit the Asian region provided the IMF takes a holistic approach that addresses the root causes of this fragmentation.

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Eliminating Terror Financing from Banks

Some suave banking crooks in Pakistan facilitate terror financing, an integral part of organized crime.  The military’s frustration at the government’s rhetoric not matching deeds is evident from their last Corps Commanders Conference. Pakistan must target these white-collar criminals funding the vital nexus between organized crime and terrorism.

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