In Partnership with

CDPR x FDL (Role of Official Finance, Debt Sustainability, & Cost Disease in Pakistan)

About the Authors

Saqib Jafarey

Professor of Economics, City, University of London

Aziz Khan Maak

Independent Consultant

Ijaz Nabi

Executive Director, CDPR and Country Director, IGC Pakistan

Irfan Qureshi

Economist at the Asian Development Bank Macroeconomics Research Division, Economic Research and Development Impact Department

Farrukh Iqbal

Former Executive Director, Institute of Business Administration, Karachi and Former Country Director at World Bank, Washington DC

Riaz Riazuddin

Former Deputy Governor of State Bank of Pakistan

Sajjad Zaheer

Economist at the State Bank of Pakistan

Posted On: April 7, 2023

The Finance for Development Lab (FDL) and the Consortium for Development Policy Research (CDPR) collaborated on a series of research papers on the macroeconomic situation of Pakistan, with the objective to shape a possible IMF program.

The goal was to publish and disseminate three studies on Pakistan, with three different angles:

Are Overseas Remittances a Source of Dutch Disease in Pakistan? Authors: Saqib Jafarey, Aziz Khan Maak, Ijaz Nabi, and Irfan Qureshi
Pakistan’s External Debt: Trends, Outcomes and Sustainability Authors: Farrukh Iqbal and Ijaz Nabi
A Narrow Path Out Of A Dangerous Place Authors: Riaz Riazuddin and Sajjad Zaheer

This research was a collaboration between CDPR and Finance for Development Lab (FDL), Paris School of Economics.

Duration: January 2023-March 2024.