The International Monetary Fund (IMF) is an international organisation that according to its description, aims to bolster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world. But, apparently, in Pakistan’s case it has proved to be otherwise and persistently failed to uplift […]
Ever since the passage of the historic 18th amendment, the controversy over whether the abolition of the concurrent list – and as a result the devolution of power – was the right decision or not, is far from over. Primarily, it is the funding shortage at the centre that brings to the fore the issue […]
13SharesIn the year 2019, the Asian Development Bank (ADB) has given Pakistan a record level of development assistance, at $2.4 billion. Project-based lending accounted for $634 million. Some of the projects that the ADB financed in 2019 include a Bus Rapid Transit (BRT) for Karachi, the Water Resources Project in Punjab, the Cities Improvement Project […]