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.
International experience shows that well-designed TVET systems can reduce youth unemployment, raise female labour force participation, and support economic diversification.
Analyses have flagged the potential for El Niño to push food inflation into double digits in import-dependent economies, compounding pressures on households still recovering from earlier crises.
International experience shows that well-designed TVET systems can reduce youth unemployment, raise female labour force participation, and support economic diversification.
Analyses have flagged the potential for El Niño to push food inflation into double digits in import-dependent economies, compounding pressures on households still recovering from earlier crises.