The holy cow of structural adjustments holds supreme sway, leaving the people to shift for themselves

INTERNATIONAL Monetary Fund statistics show military spending in the world, excluding the countries of the former Soviet Union, fell from 3.9 per cent of global gross domestic product (GDP) in 1986

WHAT DOES the International Monetary Fund have to do with land degradation? On the face of it, nothing. But in reality, quite a lot. A degraded landscape in an increasingly integrated world is

External debt has proved an albatross around the neck of African nations. At least two thirds of their total debt will have to be written off if they are to revive their economies

THERE is more to health policy than just policy for the health sector. But the World Development Report 1993 clearly shows the mandarins -- read health experts -- of the World Bank have trivialised

India may have compromised her sovereignty over the Narmada issue

The levying of carbon surcharge on POL products at fixed rates was the decision of the government of Pakistan and the International Monetary Fund (IMF) did not ask for its imposition as conditionality under the Stand-by Arrangement (SBA).

Muzaffar Hussain Khan Magsi, chief of Seraiki Inqilabi Council, Rehmat-ullah Vardag, chief of Tehrik-i-Istaqlal, and Mansoor Ahmed Khan, chief of Pakistan Democratic Party, have said that the Advisor to Prime Minister on Finance, Shaukat Tarin was "a parrot of IMF", talking in its language.

Pakistan and Germany on Friday discussed the possibilities of funding eight ongoing and new hydropower projects worth billions of dollars, official sources told Business Recorder on Friday. These projects came under consideration at a meeting between visiting German Minister for Economic Co-operation and Development Heidemaire Wiegoreak Zeul and Prime Ministers Advisor on Finance Shaukat Tarin.

AN alternative structural adjustment programme (asap), formulated by the Guyana-based Bretton Woods Reform Organisation (bwro), has managed to garner German support for itself. Backed by Germany's