Dr Ashfaque H Khan

Yet another circular debt by Dr Ashfaque H Khan

20 July, 2010
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Tuesday, July 20, 2010 Dr Ashfaque H Khan The International Financial Institutions (IFIs), including the IMF and the World Bank, and the finance team led by Dr Abdul Hafeez Shaikh are all worried about the financial indiscipline exhibited by the political leadership over the last two years. In particular, they are worried because the political […]

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A candid presentation by Dr Ashfaque H Khan

13 July, 2010
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Tuesday, July 13, 2010 Dr Ashfaque H Khan The finance team, led by Dr Abdul Hafeez Shaikh, gave a frank and blunt presentation on the state of the economy in general and the budget and its financing difficulties in particular to the prime minister during his first visit to the Ministry of Finance on July […]

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Stability or bankruptcy by Dr Ashfaque H Khan

6 July, 2010
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Tuesday, July 06, 2010 Dr Ashfaque H Khan Pakistan entered a new fiscal year a week ago. Will 2010-11 be a year of stability or bankruptcy? That will depend entirely on the political leadership, in particular the federal and provincial governments. If they behave collectively in a fiscally responsible manner, Pakistan may achieve relative stability […]

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Debt, growth and stability by Dr Ashfaque H Khan

1 June, 2010
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Tuesday, June 01, 2010 Dr Ashfaque H Khan This is my fifth article on the subject in the last ten months, which clearly reflects my concern about the rising debt and its implications for the economy going forward. It is well known that high and rising debt burden is a serious threat to macroeconomic stability […]

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Achieving economic stability by Dr Ashfaque H Khan

4 May, 2010
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Tuesday, May 04, 2010 Dr Ashfaque H Khan Dr Abdul Hafeez Sheikh is the fourth person appointed by the present government in two years to look after the ministry of finance. Finance is the only portfolio which witnessed changes in faces in quick succession which speaks volume about the importance given to the economy by […]

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