Military budgets
Buckle up for a shocking revelation: According to the Stockholm International Peace Research Institute (SIPRI), in 2024, global military expenditure reached an unprecedented $2,718 billion, the steepest year-on-year rise since…
Military budgets
Buckle up for a shocking revelation: According to the Stockholm International Peace Research Institute (SIPRI), in 2024, global military expenditure reached an unprecedented $2,718 billion, the steepest year-on-year rise since…
Rationalizing priorities for federal and provincial budgets
For a country to be among the top ten countries in the world in terms of population, and with more than 60 percent of its population below 30 years of…
A budget for growth
As Pakistan prepares for its upcoming Budget 2025-26, it finds itself once again caught between the stringent demands of an International Monetary Fund (IMF) programme and the aspirations of a…
Budget deficit still not being dealt with!
The Khan administration inherited two unsustainable deficits that continue to plague its seven and a half months long tenure: current account and budget deficit. The current account deficit by end…
India’s Budget
The Indian economy, despite its resilience and potential, faces a multitude of challenges as it passes through the complexities of a rapidly changing global economic environment. Persistent inflationary pressures, rising…
Budget, debt: Trump’s Treasury chief faces urgent challenges
President-elect Donald Trump’s new Treasury chief needs to hit the ground running once he takes office, tasked with rolling out his boss’s economic vision and grappling with the country’s debt…
Budgetary system & fiscal governance
Pakistan’s budget process, while clearly defined in the 1973 Constitution, subordinate legislations like the Public Financial Management Act (PFMA), 2019 and guided by detailed manuals e.g. Budget Manual 2020, suffers…
Future of UN climate dialogue threatened by budget shortfal
The leading UN body on climate change is experiencing a severe budget shortfall, according to a Reuters analysis of documents from the world body - a funding gap that diplomats…
Budgeting chaos
‘STABILISATION’ is the favourite word of mainstream economists. The IMF loves it, and has recently hinted that Pakistan’s economy has ‘stabilised’ enough for it to dole out another three-year handout…
