Monetary policy: Chasing vs Targeting Inflation
August 7, 2022
With projected inflation as high as 18% to 20% markets are concerned that further policy tightening could lead to an
Mr. Zafar Masud regularly contributes to local and international media on topics of banking, economics, energy and management. He is also the author of a publication titled Out of the Box and Out of the Box Volume II“ — a collection of his various newspaper op-eds, and presentations.
With projected inflation as high as 18% to 20% markets are concerned that further policy tightening could lead to an
Intuitively, the link between literature and the economy is not expressly apparent. Following an analysis of the two disciplines, my
There has been a considerable debate on currency management for a while. The pendulum of currency swung between defending currency
Pakistan seems to be suffering from the same syndrome. The obsession and the unwavering trust in multilateral agencies, including IMF,
There has been a considerable debate on currency management for a while. The pendulum of currency swung between defending currency
There has been a considerable debate on currency management for a while. The pendulum of currency swung between defending currency
Unlike external account, fiscal management remains in the hands of the government. There’re two main components of fiscal account —
One would wonder what’s the analogy between devaluation of Pak Rupee, interest rate enhancement and empress market clean-up operation. For
Cyber-crime is a reality and exceeding with mushrooming fintech and increasing integration/ intra- operability. Various 2018 predictions about the merging
All other tools to manage external account are operational and temporary in nature; long-term, sustainable solutions will come with the