Economy Housing: BOP Cardinal Vise on May 24, 2021Buying or owning a home is an emotional decision, and is a dream come true particularly for middle and lower income families, as home ownership can greatly improve living standards for them and provide necessary safety and security. Housing is an integral and vibrant part of any economy and it acts as a stimuli for […]
FX reserves accumulation: glass half full on April 19, 2017There has been a recent debate in the newspapers that the accumulation of FX Reserves over the last three years have been achieved through external borrowings. This is a classic example of viewing a glass of water as “half full or half empty”. One needs to appreciate that money is fungible and the conclusive argument […]