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From GDP growth to CDP growth

Macroeconomic figures are the first impression of a country's development. As they say first impression is the last impression. Not so, in every case. Numbers are crucial for measuring anything…

The rise in tax-to-GDP ratio

The tax-to-GDP ratio combined of taxes collected by the Federal Board of Revenue (FBR) has gone up appreciably over the last four years. It was 8.4% of the GDP in…

Lower GDP growth rate in 2018-19

The economy has been in a state of ‘stagflation’ for over a year now. The GDP growth rate has fallen while there has been a spurt in the rate of…

How RDs Hampering GDP Growth, Exports

How RDs hampering GDP growth, exports

The two most frequently used tools by the present government for raising new taxes and enlarging the tax base are regulatory duties on imports and withholding taxes on services. While…

Tax-to-GDP Debates

Tax-to-GDP debates

"We have achieved the highest tax-to-GDP ratio and Pakistan's economy has been stabilising due to prudent policies of my government"-Prime Minister Nawaz Sharif purportedly claimed during a meeting with Managing…

Tax-to-GDP Debates

Tax-to-GDP debates

"We have achieved the highest tax-to-GDP ratio and Pakistan's economy has been stabilising due to prudent policies of my government"-Prime Minister Nawaz Sharif purportedly claimed during a meeting with Managing…

Rebasing GDP

Rebasing GDP

The caretaker government has approved the rebasing of GDP, as well as changes in the measurement of national accounts from the System of National Accounts (SNA) 1993 to SNA 2008.…