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.
Posts
Zafar Masud says IMF Programs are designed for stabilization, not for growth
A recent analysis of Pakistan’s economic situation written by Nasir Jamal and published in Dawn News discusses the country’s reliance on IMF programs bailouts and the need for domestic reforms. In the article Mr. Nasir quotes Mr. Zafar Masud, president and CEO of the Bank of Punjab, Finance Minister Muhammad Aurangzeb, Aisha Ghaus Pasha, former state minister for finance, Ahmed Kamal, one of the top textile and clothing exporters, and Prime Minister Shehbaz Sharif.
Interview with Zafar Masud Business Recorder
Mr. Masud is a regular contributor to the local media on the topics of finance, economics and energy and has also published a book on these topics, titled “Out of the Box”. Following are the edited transcripts of a recent conversation BR Research had with Mr. Zafar Masud:
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.
COP28 and the Need for Climate Action for Pakistan
COP28 and the Need for Climate Action for Pakistan. While the world leaders meet on the sidelines of the COP 28 summit to agree on a climate action plan, developing countries like Pakistan continue to bear the brunt of the extreme climate events including floods, melting glaciers and changes to the crop cycles.
Economic Security Equals Welfare
It’s a misnomer to attribute economic security to one particular institution or allocation of budget and resources. Economic security is synonymous with our people’s welfare and development to me.
Zafar Masud with Naeem Sikandar Podcast
Mr. Zafar Masud in a Podcast with Naeem Sikandar (NSP) discusses solutions to transform Pakistan’s economy.
Zafar Masud on Reducing Cash in Circulation with Uzair Younus of Pakistonomy
Zafar Masud talks about reducing cash in circulation, Pakistan’s economy, and why fiscal deficits are the core problem that need resolution.
Zafar Masud on Sustainable Development and Solutions — Dunya Kamran Khan Kay Saath
Zafar Masud Kamran Khan Kay Saath shares his expert opinion and insights on sustainable development and solutions required for the economic problems in a special series of during a special series of Dunya News
Zafar Masud on Pakistan’s Leaky Fiscal Space
The CEO and President, The Bank of Punjab, Zafar Masud, shares his thoughts on Pakistan’s leaky fiscal space , and the urgent need to reprioritize our allocation of subsidies.
Transitioning Away from a Cash Economy
As the global economy graduates towards digital payments and digital currency platforms, Pakistan is moving in the opposite direction with rising demand for cash.