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Captured

Remarkably, well at least on the face of it, economic decisions are now the domain of the electronic media; not that there is any intention of taking any credit away…

Where Is The Economy Going?

Where is the economy going?

Mohammad Ali Tabba’s interview regarding business conditions has sent shockwaves across the country. Tabba is one of Pakistan’s best known and dynamic businessmen. Over the last many years, his group…

Appraisal of the ‘mini-budget’

The article written by me in Business Recorder on Monday 21st of January 2019 had speculated that the primary motive for presentation of the Mini-Budget was to control the burgeoning budget deficit…

Fall in revenues

The unprecedented has happened. National revenues, tax plus non-tax, of the Federal and provincial governments combined have actually fallen. They stand at Rs 2335 billion in the first six months…

The PTI’s economic strategy

Let us compile a list of common ‘irritants’ and ‘disincentives’ in our economy. Costly raw material and stuck sales tax refund are the major irritants for exporters. Reporting fatigue is…

We, not IMF, should be blamed!

The IMF Mission is finally here and negotiations are under way. It is expected that the Miss-ion would be here until 20 November, or take a few days here and…

Runaway budget deficit

The information on Fiscal Operations by the Federal and Provincial Governments for the first nine months of 2017-18 has been released recently by the Ministry of Finance (MoF). The bottom…

The SBP Report

The SBP report

The quarterly State Bank of Pakistan (SBP) report - July to September - on the economy reveals disturbing trends in key macroeconomic indicators though it remained largely optimistic about the…