In this episode, Uzair talks to Ali Khizar about the ongoing dynamics in Pakistan's foreign exchange market, why the rupee is overvalued, and how interest rate cuts without depreciation of the currency would be a bad idea.
You can read Ali's recent piece on this topic here: https://www.brecorder.com/news/40396210
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In this episode, Uzair talks to Ali Khizar about the ongoing dynamics in Pakistan's foreign exchange market, why the rupee is overvalued, and how interest rate cuts without depreciation of the currency would be a bad idea.
You can read Ali's recent piece on this topic here: https://www.brecorder.com/news/40396210
Ep 246 - Budget 2025 is an “elephantine mediocrity”
Pakistonomy
40 minutes 35 seconds
6 months ago
Ep 246 - Budget 2025 is an “elephantine mediocrity”
In this episode, Uzair talks to Khurram Husain about the 2025 budget and what the government got wrong. We also talked about Pakistan’s ability to extract geopolitical rents and how this stunts the reform agenda in the country.
You can read Khurram’s latest column on the budget here - https://www.dawn.com/news/1916673/thrashing-around
Chapters:
0:00 Introduction
1:45 Budget assessment
11:10 Solar power access
20:20 Geopolitical rents and Pakistan
38:40 Conclusion
Pakistonomy
In this episode, Uzair talks to Ali Khizar about the ongoing dynamics in Pakistan's foreign exchange market, why the rupee is overvalued, and how interest rate cuts without depreciation of the currency would be a bad idea.
You can read Ali's recent piece on this topic here: https://www.brecorder.com/news/40396210