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Growth in federal tax revenues

The Federal Board of Revenue (FBR) has released recently the Revenue Division Year Book for 2022-23. This is a very useful publication and highlights the trends in the level and…

German budget row prises open debt brake debate

Germany’s budget crisis has given new momentum to reforming self-imposed borrowing limits even among the opposition conservatives, as hunger for sorely needed investment trumps an earlier political obsession with fiscal…

Budgetary outcome in first quarter

The information on fiscal operations in the first quarter of 2023-24 by the Federal and the four Provincial governments has been released recently by the Federal Ministry of Finance. The…

Flawed budgetary measures

Pakistan’s prevailing outlook paints a grim picture of a state in deep trouble. In view of perpetual political instability coupled with the economic meltdown, the country has been grappling with…

Path to prosperity: budget priorities

The recently announced budget for the fiscal year 2023-2024 in Pakistan has sparked discussions among experts and stakeholders. The MacroPolicy Lab at PIDE organized a Twitter space discussion to analyze…

Budget 2023-24: more business as usual

Budget 2023-24 can be celebrated for its bravado or mourned for its lack of seriousness. The economy is in deep trouble; with the Economic Survey 2022-23 depicting recessionary conditions. Every…

What the budget should have been

The welfare component in the budget must be viewed in the context of the prevailing economic situation in the country, which has brought immense pain, not just for the poor…

Budget 2023-24

The provisional data issued by the National Accounts Committee portray a bleak picture of the economy where real GDP has registered a sluggish rate of 0.29% in the current fiscal…

Residual thoughts on FY24 budget

The budget 2023-24 envisages 23.7 billion dollars of external borrowing – an amount premised on a rupee dollar parity averaging 290 rupees to the dollar – a condition that would…

Budget 2023-24: an astonishing read

Pakistan is currently facing the most challenging conditions in history, with a severe economic crisis compounded by political uncertainty. The economy is facing stagflation as it is expected to shrink…