Need of the hour: A push for tariff liberalization in Pakistan
Islamabad, March 26 2025: Pakistan and the International Monetary Fund (IMF) have reached an agreement to significantly reduce the country’s average tariffs by 43% over
This document presents a vision for economic transformation, with a focus on understanding key factors which have prevented this from happening in the case of Pakistan. It draws from the experience of other emerging economies and leading economic research on how countries have successfully transformed their economies by letting their productive structures adapt and evolve over time. In this respect, the current document is a significant departure from the traditional focus on achieving growth by reinforcing existing structures of the economy. While such traditional approaches did deliver many episodes of growth spurts, these always proved to be short lived, often leading to the build-up of large imbalances and, ultimately, crises.
Islamabad, March 26 2025: Pakistan and the International Monetary Fund (IMF) have reached an agreement to significantly reduce the country’s average tariffs by 43% over
Islamabad, March 12, 2025 – The Monetary Policy Committee (MPC) has decided to maintain the policy rate at 12 percent. This decision reflects a balancing
Islamabad, February 20, 2025 – Pakistan’s economy is struggling under the weight of deep-rooted structural issues that threaten its long-term growth and global competitiveness. The
Islamabad, January 29, 2025 – The Economic Advisory Group (EAG) recognizes the proactive stance taken by the State Bank of Pakistan (SBP) in its latest
The Economic Advisory Group is an independent platform of individuals drawn from economics, policy and the private sector. The EAG deliberates on Pakistan’s economic policies regularly and shares its views with the public and government. It was formed in January 2021, under the auspices of PRIME Institute, an independent think tank, which serves as its secretariat.
The Economic Advisory Group is an independent platform of individuals drawn from economics, policy and the private sector. It was formed in January 2021, under the auspices of PRIME Institute, an independent think tank, which serves as its secretariat.
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