Murtaza Syed
AIIB | Deputy Governor, SBP | IMF | Mahbub ul Haq | IFS | Oxford | "In the end, no one will remember what u said. They will only remember how u made them feel."
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Last week, the @IMFNews released its latest report on Pakistan. It marked the start of our 24th waltz together. It pulled us back from the brink of default. We all heaved a sigh of...
Some 30 years ago, India too was on the edge of bankruptcy. In response, its Finance Minister delivered a budget speech for the ages. It changed India forever. It couldn't be more...
A final thread on the exchange rate. It is slightly pointy-headed again but covers the real effective exchange rate (REER) and how it is commonly misinterpreted in Pakistan. Shout...
Phewww. OK, final thread on the exchange rate, which is linked to the previous two. I am exhausted writing them so can only imagine what it must be like to be reading them (apologi...
This is a continuation of my previous thread. Let us first consider what factors affect the value of a currency under a flexible exchange rate. On a day 2 day basis, the exchange r...
A lot of people have asked me to do a thread on the exchange rate, so here goes. I will cut some corners in the interest of speaking plainly. While my reference is Pakistan, I thin...
A thread on βGuns, Babies, and Chinaβ (with apologies to Jared Diamond). At the risk of over-simplification, I would argue that the seeds of our economic problems over the last qua...
So I got some requests after my last post to shed a bit more light on how the IMF works, especially in relation to its program with Pakistan. As some of you may know, I worked at t...