The FATF challenge
The importance of risk-based approach in curtailing the movement of illicit flows of funds is paramount. The significance of this approach is also stressed in recommendations of Financial Action Task…
Iran’s Guards seen economic winner from tougher Trump stance
Iran's elite Islamic Revolutionary Guard Corps, a military force with political clout and an industrial empire, stands to benefit from heightened tension between Washington and Tehran, officials and analysts said.…
Afghanistan calculus
The Islamic Republic of Afghanistan used to raise $2.8 billion in domestic revenues per year and spent $11.4 billion per year. Of the $11.4 billion in public spending, $5.6 billion…
Institutional autonomy in Pakistan
The recent kerfuffle about central bank autonomy in Pakistan is unraveling some basic fissures in Pakistan’s economy, confronting which our economic managers and political leaders have continually tried to ostrich…
Opportunities and risks for economy
Pakistan sees no immediate need for a foreign financial bailout as the nation is facing headwinds on its external front. The fundamental challenge being faced by South Asia's second largest…
Agriculture credit disbursement
It is good to see that private sector credit is picking up handsomely with the revival in economic growth and priority sectors of the economy are benefiting a lot from…
A tale of two dams
Financing the Diamer Basha Dam and Mohmand Dam should never be seen as obstacles. We know that money is never the major constraint; poor resolve is what should be feared.…
It will need to come out of the box
First impressions, on seeing the amount of bank borrowings of Rs 586 billion in revised estimates for 2017-18 as per Table-6, Comparative Budgetary Position, within the "Budget In Brief" publication…
Budget destined for revision
The budget 2018-19's applicability due from 1 July 2018 is likely to be even shorter than the tenure of the few hours' old Finance Minister Miftah Ismail who presented the…
The corrupt, tax cheats, ‘secrecy’ & RTI — I
2020 has started and apparently everyone has forgotten what the Supreme Court desired in Suo Muto Case No. 2 of 2018, started on February 1, 2018, and what happened thereafter.…
