Venezuelan politicians are discussing proposals for a fund that could release over $3 billion to provide humanitarian aid to Venezuela through the United Nations, in a process that also involves…
The Federal government has apparently accepted the target for FBR revenues of Rs 5,550 billion in 2019-20 as a prior condition to the approval by the Executive Board of the…
Pakistan's economy has been experiencing pressure since past few years. The country's current account deficit swelled by 43% to highest-ever level of $18 billion in the fiscal year ended June…
With limited access to external funding, government debt has increasingly been taken up by the banking sector and, as a result, banks’ holdings of domestic government debt has surged to…
The tax on Advance-to-Deposit Ratio (ADR) was introduced through the Finance Acts of 2021 and 2022 approved by Pakistan’s National Assembly and these provisions are being enforced by the Federal…
Pakistan has faced significant challenges in balancing the distribution of power and fiscal responsibilities between its federal and provincial governments. The landmark Constitution (Eighteenth Amendment) Act, 2010 [18th Amendment] effective…
The stage is being set in Baku, Azerbaijan, to kick off COP29 from November 11 to November 22, 2024. Discussions will focus on global progress toward meeting the objectives of…
During the second meeting of the Board of the Fund for Responding to Loss and Damage held on July 9, 2024, the decision was made to designate the Philippines as…
Though Pakistan’s fiscal imbalances have been persisting since its inception, yet no serious efforts are yet in the offing to remedy the situation and remove the causes, inbuilt in the…
On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected on June 12, 2024, there is a need to re-evaluate tax…
