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Advance tax, refunds & compensation — III

The PTI Government without waiting for the next budget, through Presidential Order or Finance Supplementary Bill 2021, must make amendment in law requiring FBR to: 1- Account for advance tax…

Budgetary framework in IMF programme

The IMF Programme which remained suspended for almost one year has become operational once again. Effectively the Programme has entered the period of the Sixth Quarterly Review up to the…

Dirty air, foreign aid, and climate funds

Burning of fossil fuel has had a significant role in exacerbating climate change crisis, the tipping point of which appears to be around four decades ago as the recent monumental…

Bailout programme in the bag?

Excuse the stock market for not saluting the staff-level agreement with the IMF (International Monetary Fund), subject to approval form its executive board of course, because it turns out that…

The IMF programme

The International Monetary Fund (IMF)-Pakistan relationship has a history of over 60 years, starting in 1958 with a loan agreement of $ 0.3 billion to the current 2019 loan of…

IMF programme: The journey has just begun

The Fund program has finally been negotiated. However, it is only a milestone in the tortuous road to success. What would it take to successfully traverse the distance? We would…

Developing the fundamentals

THE survival of individuals and nations depends on their practical knowledge of emerging technologies and innovations, which is not possible without certain prerequisites including education and health. It is a…

Status of the IMF programme

There continues to be a hiatus in the finalization of the sixth review of the IMF Extended Fund Facility to Pakistan. The Pakistan economic team, led by the Finance Minister…

Dilemma facing IMF, and Programme countries

The pandemic has seen international commodity prices, especially food prices, sky rocket; while oil prices also cross $80 a barrel a few days ago, which is the highest level of…