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Beyond the economic crisis

PAKISTAN no longer faces an economic emergency as it did last year when it teetered on the edge of sovereign debt default. It has come out of that crisis and managed…

Economic butchery

PAKISTAN is teetering on the edge of economic collapse due to its persistent struggle to increase the tax-to-GDP ratio, a crucial measure of its fiscal health. Despite numerous efforts, many…

Geo-economics over geo-politics

The strategic shift from geo-politics to geo-economics is a welcome initiative. In a world where the relative importance of a nation is determined primarily by its economic strength, the focus…

Economic corridor: unfinished agenda

Although much steam out of CPEC (China Pakistan Economic Corridor) has been let out, the unquestionable positivity demonstrated on it by Pakistan and China, from time to time, makes this…

Digitization key to revenue growth

Pakistan has been facing the perpetual challenge of expanding its tax base without any tangible results, a situation that is quite ironic given its need for broader revenue sources to…

What sustainable macroeconomic stability?

The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that it was almost after three years that inflation had come…

Privatisation for economic recovery

A COMMON refrain of donors is that Pakistan needs to raise its tax-to-GDP ratio substantially to achieve macroeconomic stability on a sustainable basis. It has earlier been argued in these…

Economic crises

WE face today our worst economic crisis in decades, with inflation at its highest since 1975. Such crises are a way of life for us with 25 seen since 1947.…