Daronomics

Daronomics is a term used in Pakistan to describe a set of economic policies pursued by Ishaq Dar, his predecessors, or successors to manage the economy of Pakistan.[1][2][3]

These policies include pegging the dollar-rupee parity, even borrowing foreign currency loans to maintain the currency peg, managing and keeping the State Bank of Pakistan's policy rate as low as possible, and managing inflation in the country through subsidies and cheap imports due to the fixed exchange rate.[4][5][6]

  1. ^ "Pakistan must learn to live without 'Daronomics'". October 3, 2022.
  2. ^ "اسحاق ڈار کی معاشی پالیسیوں سے پاکستان کا کتنا نقصان ہوا؟". Independent Urdu. February 4, 2023.
  3. ^ Younus, Uzair M. (December 20, 2022). "The fault in our Dar(s)". DAWN.COM.
  4. ^ Khan, Ammar H. (September 28, 2022). "Daronomics: The fallacy of fixing currency price". DAWN.COM.
  5. ^ "Investors pin hopes on 'Daronomics' as Ishaq Dar returns to Pakistan as new finance minister". Arab News.
  6. ^ AHMAD, DR MANZOOR (October 31, 2022). "Daronomics: good or bad?". The Express Tribune.