The Pakistan Institute of Development Economics (PIDE) has released a new policy viewpoint titled “Managing Oil Shocks: Pakistan’s Fiscal Risks and Policy Choices”, warning that rising global oil prices pose a serious threat to Pakistan’s fiscal stability and ongoing consolidation efforts. The report is authored by Dr Nasir Iqbal, Registrar/Professor of Economics at PIDE; Dr. […]
Pakistan Institute of Development Economics (PIDE)
Brain drain costs Pakistan $4.2 billion every year
Pakistan is facing a growing crisis as thousands of skilled professionals continue to leave the country. According to a report by the Pakistan Institute of Development Economics (PIDE), Pakistan ranks sixth globally for human capital migration. Between 2022 and 2023, emigration of highly qualified professionals jumped by 26.6% due to economic troubles and limited job […]