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Top related persons:
Ariba Shahid - 2 MURTAZA SYED - 1 GARETH - 1 Shehbaz Sharif - 1 ABDUL ALEEM - 1 SHERANI - 1 SHAHBAZ ASHRAF - 1 MAHA RAHMAN - 1
Top related locs:
Pakistan KARACHI ASIA ISLAMABAD LAHORE PAKISTAN Afghanistan Iran
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Thomson - 2 Monetary Fund - 1 South - 1 IMF - 1 BANK OF PAKISTAN - 1 SBA - 1 State Bank - 1 EFF - 1

Search resuls for: "Sustainable Development Policy Institute"


3 mentions found


☆ Pakistan, IMF reach $3 bln staff-level agreement
  + stars: | 2023-06-30 | by ( Ariba Shahid | Thomson Reuters | Ariba Shahid Is A Journalist Based In Karachi | ) www.reuters.com   time to read: +7 min
It is not the end of our relationship with the IMF though, as the SBA is a short-term bridging operation. GARETH LEATHER, SENIOR ASIA ECONOMIST AT CAPITAL ECONOMICS, LONDON"The agreement of a loan deal between Pakistan and the IMF should put the economy back on a more secure footing and limit the biggest downside risks. There is a strong risk that Pakistan reneges on the deal once the immediate crisis has passed. Our target shall be that the next IMF programme should be the last one and it would be a great opportunity to correct our fiscal account once and for all." "Things would have been much better if successive governments would have invested in completing the IMF programme.
Persons: MURTAZA SYED, GARETH, Shehbaz Sharif, ABDUL ALEEM, SHERANI, SHAHBAZ ASHRAF, MAHA RAHMAN, ZAFAR MASUD, MUSTAFA PASHA, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, MOHAMMED SOHAIL, AHFAZ MUSTAFA, ISMAIL IQBAL, SAJID AMIN JAVED, Ariba Shahid, Shilpa Jamkhandikar, Raju Gopalakrishnan Organizations: Monetary Fund, South, IMF, BANK OF PAKISTAN, SBA, State Bank, EFF, Capital, UL HAQ, OF PUNJAB, Pakistan, ARIF, Thomson Locations: Pakistan, ASIA, KARACHI, ISLAMABAD, LAHORE, PAKISTAN
☆ Pakistan outlines process for barter trade with Afghanistan, Iran, Russia
  + stars: | 2023-06-02 | by ( Ariba Shahid Asif Shahzad | Ariba Shahid | Asif Shahzad | ) www.reuters.com   time to read: +2 min
KARACHI, Pakistan, June 2 (Reuters) - Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and natural gas, the Ministry of Commerce said on Friday. The government order, called the Business-to-business (B2B) Barter Trade Mechanism 2023 and dated June 1, lists goods that can be bartered. Sajid Amin, deputy director of the Sustainable Development Policy Institute, said Pakistan could gain particularly from oil and energy imports from Russia and Iran without adding to dollar demand. "While it may not solve currency smuggling, particularly at the Afghanistan border, it can discourage smuggling of goods from Iran, such as diesel, and Afghanistan which is hurting the economy," Amin added. In May, the Pakistan Petroleum Dealers Association complained that up to 35% of the diesel sold in Pakistan had been smuggled from Iran.
Persons: Sajid Amin, Amin, Pakistan's, Musadik Malik, Malik, Ariba Shahid, Asif Shahzad, Simon Cameron, Moore, David Holmes Organizations: Ministry of Commerce, State, Sustainable Development Policy Institute, Reuters, Pakistan Petroleum Dealers Association, Thomson Locations: KARACHI, Pakistan, Afghanistan, Iran, Russia
☆ Pakistani professionals struggle with higher costs as economy teeters
  + stars: | 2023-03-24 | by ( Ariba Shahid | Thomson Reuters | Ariba Shahid Is A Journalist Based In Karachi | ) www.reuters.com   time to read: +3 min
Pakistan is no stranger to economic crises - this is its fifth IMF bailout since 1997 - but economists say the latest measures, which include higher taxes and fuel costs, are hurting educated professionals. "Unfortunately the poor in Pakistan are left with nothing to lose," said Abid Suleri, the Sustainable Development Policy Institute of Pakistan, an economic think tank. "Educated professionals... find their purchasing power and savings eroded, and daily consumption either unaffordable or out of reach." "It will be more difficult to buy sweets and gifts for Eid, which is a break from our family tradition." The economic turmoil is driving some professionals out of the country.
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