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Professor Stefan Dercon in Lahore

Stefan Dercon and Zafar Masud in Lahore for a Successful Policy Implementation

BOP Management held a client event in Lahore this week with Professor Stefan Dercon as Chief Guest. Mr. Stefan is Professor of Economic Policy at the Blavatnik School of Government and the Economics Department, at the University of Oxford. He combines his academic career with work as a policy advisor, providing strategic economic and development advice. The event was attended by senior industry leaders and prominent businessmen of the country.

Dunya Kamran Khan Kay Sath — Zafar Masud on the Growth Potential of Pakistan’s Economy (17/4/2024)

Zafar Masud (President & CEO – BOP and Chairman Pakistan Banks’ Association) shared his insights on the trajectory of Pakistan’s economy on the news show Dunya Kamran Khan Kay Sath. Mr. Masud articulated a compelling narrative of improvement and optimism, emphasizing the importance of making the right decisions. He also highlighted key indicators and developments signaling progress in the nation’s economic landscape.

Victims of our own narrative

Fix Fiscal Account to Tame Inflation

Contrary to the belief that inflationary pressures can be addressed through monetary policy alone, the role of fiscal account policy in managing inflation is being increasingly discussed. Global inflation has remained stubborn, despite unprecedented action by central banks, leading to a debate on the underlying causes of inflation and the effectiveness of conventional tools to tackle it. I believe fiscal policy is the main driver of inflation in Pakistan. Addressing the structural deficits in fiscal policy is critical for inflation to come down.