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January 28, 2014

The institutional imperative

Article by Maleeha Lodhi published in “The News” on 28th January, 2014.

The eroding institutional capacity of the state has emerged in recent years as one of the most critical challenges facing the country. This has affected the performance of the core functions of state and is most tellingly reflected in deterioration in the delivery of basic public services to citizens. It is also indicated by Pakistan’s tumbling position in the global rankings on governance indicators. Read More »The institutional imperative

Impact of devaluation of Pakistan rupee during last 5 years

Foreign debt liability increases by Rs 1.909 trillion

January 27, 2014

The National Assembly (NA) was informed that due to devaluation of the rupee foreign debt burden increased by Rs 1.909 trillion during the last five years (2008-13).
According to the written details presented in the NA, the break-up of the year-wise impact of devaluation of rupee on foreign debt since 2008, during fiscal year 2008-09 (FY09) devaluation of rupee increased the foreign debt burden by Rs 582.194 billion, during FY10 Rs 211.200 billion, in FY11 Rs 25.807 billion, during FY12 Rs 458.738 billion, in FY13 Rs 228.224 billion and from June 2013 to October 2013 Rs 403.063 billion, making a total of Rs 1.909 trillion. Read More »Impact of devaluation of Pakistan rupee during last 5 years