Improving foreign investment climate
‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per cent in 2022, to $1.3 trillion. The slowdown was…
Low foreign inflows
The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been a decline in these reserves of $3,700 million since…
The strange case of Imran Khan
We have seen many politicians in our country and witnessed many different dramas involving the political scene and happenings within it. But the phenomenon of Imran Khan needs to be…
Foreign exchange earnings
Pakistan’s foreign exchange reserves on 30 April 2020 as per the State Bank of Pakistan (SBP) website were 12.329 billion dollars, a respectable amount given the ongoing global pandemic that…
Liberalizing foreign exchange regime
One important factor in facilitating foreign capital (investment) inflow into the country is to allow it to move out easily. Lesser the friction, better is the investor confidence. The capital…
Private foreign currency account and Section 111(4) of the Income Tax Ordinance, 2001: The revolving circle
This is a continuation of the articles written earlier in this paper on the matter of perpetual amnesty available in the form of 'No Question Asked Concept' for foreign exchange…
US trial threatens funding for Turkey’s dollar-dependent banks
Turkey's deteriorating finances are hurting the country's banks whose reliance on dollar funding makes them vulnerable to the worst-case scenario: a sudden halt or reversal of foreign investment flows. International…
Test case of political finance
THE regulation of political finance (PF) offers one of the greatest challenges to democracies around the world. Political parties, elected legislators and governments can become hostage to powerful and extremely…
Foreign policy and economic challenges
Foreign relations and the state of the economy have become inextricably linked in Pakistan due to the PML-N administration's overarching objective to borrow from external sources to meet its budgetary…
The private foreign currency accounts & Section 111(4) of the Income Tax Ordinance, 2001: Breaking the revolving circle
In an article published in this esteemed paper early this year under the title "Private Foreign Currency Account and Section 111(4) of the Income Tax Ordinance-The Revolving Circle", the author…
