This warning comes more than a decade of heedless spending for ‘stimulus’ advocated by macro-economists themselves.
The warning also comes amid growing concern that the post-pandemic stimulus era may be giving way to a more constrained fiscal environment worldwide.
Georgieva praised Pakistan’s efforts in implementing the IMF-supported program, acknowledging the country’s improving economic performance with rising growth and declining inflation. She recognized Pakistan’s economic recovery and noted that it is on a positive trajectory.
For many refugees, the decision of whether to return involves weighing deep emotional ties to ancestral places against the practical realities of life.
For many refugees, the decision of whether to return involves weighing deep emotional ties to ancestral places against the practical realities of life.