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Faulty Gas Distribution To Invite Food Crisis

Faulty gas distribution to invite food crisis

Power shortage haunts Pakistan and its political leadership with increasing intensity as Pakistan's majority the Muslim population enters the holy month of Ramazan. The experts estimate that electricity shortages cost…

A Shambolic Budget

A shambolic budget

The budget was passed with a majority vote this Thursday which, given the PML (N) strength in parliament as well as the constitutional amendment stipulating that a national assembly member…

Revenue Targets For 2013-14

Revenue targets for 2013-14

According to Press reports, the Federal Board of Revenue (FBR) is not going to collect even Rs 2000 billion against the target of Rs 2381 billion fixed in budget 2012-13,…

Tax Proposals – I

Tax proposals – I

On June 5, 2013, we will have a new government in action - faced with multifaceted and complicated problems on economic front. It's immediate task of framing budget for fiscal…

Fiscal Indiscipline: The Ruinous Surge

Fiscal indiscipline: the ruinous surge

Five years of misgovernance by the previous regime have not only destroyed the economy of Pakistan and damaged its institutions but also drowned the country under a deluge of debt,…

The IMF Dilemma

The IMF dilemma

One of the challenges the new government will face immediately is to make a decision on whether or not to approach the IMF for financial relief. Pakistan borrowed nearly $8…

Gorilla In The Closet Problem Of NSS

Gorilla in the closet Problem of NSS

Reducing the budget deficit has traditionally been hard for Pakistan, given the country's problem with stagnant tax collection and unyielding public spending; it is only exacerbated by endemic corruption. Countries…

Agenda For The Nation 2013 And Beyond-III

Agenda for the nation 2013 and beyond-III

Over the past five years, extremely bad governance wrought with corruption and compromise in the name of continuity of democracy has brought the country to a disastrous point. This has…