7th NFC award remains suspended
The seventh National Finance Commission (NFC) award was announced in 2010 amidst much fanfare with Shaukat Tarin, the then Finance Minister, widely praised for successfully convincing Punjab to allow multiple…
FBR performance
The performance of the tax collecting wing of the Ministry of Finance, Federal Board of Revenue (FBR), remains a source of serious concern to not only development partners and independent…
Inflation: who is responsible?
Advisor to the Prime Minister on Finance Dr Hafeez Sheikh expressed concern at the rate of inflation, and the credibility of Pakistan Bureau of Statistics (PBS) data while chairing a…
FBR’s Tax Directory 2018 Analysis — I
Reference two-part series (FBR’s statistics: a critical analysis—I, Business Recorder, September 25, 2020 and FBR’s statistics: a critical analysis—II, Business Recorder, September 25, 2020, this article presents statistical analysis of…
Protests’ impact on the economy
The Pakistan Tehrik-i-Insaaf (PTI) government’s dismissal of Pakistan Democratic Movement’s (PDM’s) plan to oust it from power through a series of protests culminating in a march to Islamabad in January…
Govt’s approach to Opposition
This is the second of a two part series of articles focusing on the Prime Minister’s strategy to deal with the economic fallout of the Pakistan Democratic Movement’s four month…
The economics of shortages
Shortages that presage a raise in the price of a commodity have become a way of life in Pakistan – shortage of electricity, shortage of gas in the winter months,…
How is the rupee gaining strength?
The recent strengthening of the rupee has baffled independent economists though official sources at the Ministry of Finance and State Bank of Pakistan (SBP) cite positive economic fundamentals as the…
State of economy
On 3 November 2020 Prime Minister Imran Khan announced the industrial support package while the Advisor to the Prime Minister on Finance, Dr Hafeez Sheikh - one of six flanking…
MPS, decision-making and accurate data
Monetary policy decision is tomorrow. Majority of market participants are expecting the policy rate to be maintained at 7 percent. The State Bank of Pakistan (SBP) has eased the policy…
