Revenue policy and administration: Building capacity
The government expects FBR collects Rs 2.8 trillion plus taxes in the next 12 months and substantially expand its tax net. Given the challenges FBR faces during the year beginning…
Policy rate unchanged
The Monetary Policy Committee (MPC), met under the chairmanship of the Governor State Bank of Pakistan (SBP) on 10 March 2025, and decided to keep the policy rate unchanged at…
MPC clearly in a dilemma about how to respond to policy rate question
The State Bank of Pakistan (SBP) is set to announce its monetary policy decision today. Over the past six reviews, the central bank has slashed interest rates by a cumulative…
Govt, IMF, and need for policy revisit
In March, the government and International Monetary Fund (IMF) are due to hold first review of the Extended Fund Facility (EFF) programme, which was negotiated in September 2024. There are…
Climate revenue & investments
PAKISTAN’S economic and climate turnaround hinges on the active participation of the private sector. A web of robust partnerships with it can be leveraged to attract both domestic and international…
Reimagining our foreign policy
The world is undergoing rapid transformation, with emerging alliances and a shift towards a multipolar world order. These changes are evident on both regional and international scales. The ongoing conflict…
Policy rate caution
The State Bank of Pakistan (SBP) and the current economic team of the government of Pakistan must stop hiding behind a veil of overly cautious monetary policies. The latest Monetary…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
Towards a sound fiscal policy
There are four essential elements of a sound fiscal regime. The first is to grow the income base from which tax revenue is derived. This is achieved by a well-aligned…
