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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…

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…

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…

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…

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…