Iraq’s local currency has been on a two-month rollercoaster ride following a tightening of procedures for international transfers, with some blaming Washington for the dinar’s woes. While the official exchange…
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…
Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation with Moscow’s first IPO since the country sent troops into Ukraine. While breathing life…
Investment in foreign properties by a specific section of society in Pakistan has been a pretty common phenomenon, especially in countries like the UAE, UK and so on. Naturally, the…
The 2021 National Security Policy has made geo-economics its main pivot. It is therefore essential to look in a coherent and comprehensive manner how Pakistan’s economic relations with other nations…
International perceptions of the declining credit worthiness of Pakistan have been augmented by the downgrading of the country’s credit rating by S&P, Fitch, and Moody’s from ‘stable’ to ‘negative’. Recently,…
China: there are several areas where the ongoing cooperation between Pakistan and China should be continued but at least three areas need to be focused for accelerated implementation. These are:…
The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is impacted by exchange rate fluctuations. The growth process is slowed down as…
Capital Value Tax (CVT) was levied by the federal government in 1989 on transactions relating to acquisition of immovable properties. This tax, which was effectively a tax on immovable property,…
It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced consensus between most of the political parties. Both the PTI…
