Pakistan’s economy in ‘collapse’ as IMF visits

By:
On:
In: Asia

POLITICAL MAYHEM Pakistan is locked in an endless cycle of servicing external debt. State Bank governor Jamil Ahmed last month said that the country owed US$33 billion in loans and other foreign payments before the end of the fiscal year in June. A diplomatic offensive has seen US$4 billion rolledContinue Reading

How structural growth and stable funding anchor Indian and Indonesian financiers' resilience

By:
On:
In: Asia, Finance, South-East Asia

India’ s domestically-driven economy and Indonesia’ h commodity-led exports should provide some strength despite a more difficult operating environment characterised by higher global inflation, rising rates of interest and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions from Fitch Ratings talks about the prospects meant for India and Indonesia’ s finance and leasing sector in the current economic environment.Continue Reading