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Country does need higher growth rate

Acting Chairman of All Pakistan Textiles Mills Association (APTMA) Zahid Mazhar has requested Prime Minister Shahid Khaqan Abbasi to prioritize the revival of the economy in general and textile industry…

Growth And Revenue Collections

Growth and revenue collections

Low Gross Domestic Product (GDP) growth rate translates into lower tax collections according to basic economic theory. However in this country with low GDP growth tax revenue is rising. Is…

Budget 2015-16: What Can We Expect?

Budget 2015-16: What can we expect?

There is understandably intense activity before the budget is announced in the Ministry of Finance with all the stakeholders (private as well as autonomous/public) and the tax collecting arm of…

Poverty Status: Another Dilemma For The New Government

Poverty status: Another dilemma for the new government

Announcing an official higher or lower poverty number by the country sends the following kinds of signals to the international stakeholders, ie, foreign governments, multilateral and bilateral donors, international NGOs…

The untamed frontier of foreign exchange

A stable and predictable forex market is a beacon for foreign investors. Their confidence fuels economic growth, creates jobs, and bolsters a nation’s financial strength. Foreign exchange reserves act as…

World Bank needs to revisit its policy and lending focus

In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the World Bank (WB), just like the International Monetary Fund (IMF) policy thinking, including as highlighted in…

How to retain the GSP+ status

As a beneficiary of the GSP+ since December 2013, Pakistan has enjoyed 10 years of duty-free access to the EU market. GSP+ status has not only supported our exports but…

Economic impact and relief package

The Coronavirus has already spread to 199 countries. The worst hit countries have been the EU countries, the US, China and Iran. The consequences are that normal economic activity, both…