Progressive fiscal policy
The Managing Director, Kristalina Georgieva, of the IMF (International Monetary Fund) has said recently in the context of Pakistan that ‘there is a need for collecting higher taxes from the…
Debt and fiscal space
David Malpass, in a recent interview, has reportedly talked about China’s non-disclosure clause as one of the hurdles in the sovereign debt restructuring process. The outgoing World Bank president, indicated…
Equity mutual funds: a half year of turmoil
The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from crisis to crisis. The cacophony of political…
2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy
Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has a huge financing gap in terms of its loan repayment needs, and that…
Seventy-five years of Pakistan’s economy
A large majority of Pakistan’s population was born after the country got its independence. The median age today is 23 years and the youth have only experienced economic difficulties and…
A reality check on country’s fiscal status
The whole of the past week witnessed massive hammering of rupee (PKR) vis-à-vis the US dollar in the currency market. The PKR went beyond 226 to a dollar during intra-day…
Shehbaz Sharif’s election year economic policies
Immediately after being elected as the 23rd Prime Minister of Pakistan, Shehbaz Sharif announced in National Assembly a set of economic policies, which can only be regarded as election year…
Burgeoning fiscal deficit
The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the Ministry of Finance. The financial position of the Federal government appears to…
PTI’s 20-year term
PRIME MINISTER Imran Khan does not like the five-year-term limit and considers it democracy’s tragedy. As the Senate-scare is behind him, now is a good time to suggest a serious…
Anti-money laundering regulations and fiscal laws – I
General perception about money laundering 'Money laundering' in general sense means, actions and processes of projecting money acquired as proceed of crime as untainted money. This subject gained international significance…
