‘…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary democracies, since government and parliamentary majorities often coincide, the opposition is expected to function as…
To formulate federal and provincial budgets necessitates engagement between the federal government and its federating units on two critical items: projected share of each province from the divisible pool and…
The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy approach, whereby as growth continues to remain stuck in a low…
The Federal budget for 2024-25 has been presented in a mixed economic environment characterised by both positive and negative developments. The GDP growth rate has turned positive to 2.4% from…
Stagflation is a situation when economic growth is stagnating, and inflation is also increasing. Growth requires increase in domestic production, which, in turn, needs investment. It is only the second…
We now carry out an appraisal of the measures in the budget, starting with the enumeration of the key initiatives proposed to push the economy onto a higher growth path…
The Budget for 2021-22 has been presented and awaits parliamentary approval. This article is in two parts and analyzes the budgetary proposals, estimates of revenues, expenditures, overall budget deficits, and…
The revised Federal Budget for 2018-19 has raised a number of concerns ranging from the failure of the Government to use this occasion to share its vision for the economy,…
The Finance Minister's budgetary measures have been a huge setback to small business owners. Especially, the reintroduction of wealth tax assessments and giving bank accounts access to FBR have been…
The budget speeches have previously largely been irrelevant as the post-budget analysis usually takes a front seat with the autopsy taking place on the posture of the finance minister, the…
