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Economic Reforms: Part-XXIX

Economic reforms: Part-XXIX

The results of the 2017 census were an eye-opener. The population explosion triggered during the previous three censuses has continued, albeit at a slower pace. Relative to the last census,…

Economic Reforms: Part-XXV

Economic reforms: Part-XXV

The second Poverty Reduction Strategy Paper (PRSP) was prepared in 2009, after a lapse of eight years. The methodology was getting out of fashion and, in terms of its effectiveness,…

Economic Reforms: Part-XXIV

Economic reforms: Part-XXIV

In our series on economic reforms we discussed the outcomes achieved under the Poverty Reduction Strategy Paper (PRSP), 2001. As mentioned earlier, the PRSP was a comprehensive statement of economic…

Economic Reforms: Part-XXI

Economic reforms: Part-XXI

When the PML-N won the 2013 elections and formed government, approaching the Fund again for a new programme was a foregone conclusion. The government wasted no time in putting the…

Economic Reforms: Part-XX

Economic reforms: Part-XX

The failure of the wide-ranging tax reforms to raise the tax-to-GDP ratio during 2000-08 made the foundation of the economic achievements of the then military government fragile. This was so…

Economic Reforms: Part – XVII

Economic reforms: Part – XVII

At the outset, let’s consider some basic facts about the state of public finances in the 1980s and the challenges that the country faced during this period. The average expenditure…

Economic Reforms: Part – XVI

Economic reforms: part – XVI

Returning to our series on economic reforms, we turn to the subject of taxation that lies at the core of our economic malaise. As in previous articles in the same…

Economic Reforms

Economic reforms

Economic notes The term ‘economic reform’ is an amorphous concept. Since the word ‘reform’ is very attractive, anything can be sold in its garb. In this article, we will explore…

Economic Reforms: Part – III

Economic reforms: Part – III

Economic notes The agenda of reforms in the power sector has moved in fits and starts and remains unpredictable to this day. Its sequencing was abnormal and, as we have…