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Foreign currency accounts: Post-2018 scenario

Pakistan's economy and its taxation system cannot be properly analysed unless there is proper understanding of Pakistan's foreign exchange regime. In Pakistan, unlike almost all the countries, fiscal policy concessions…

Government fumbling on exchange rate policy

In a telephone interview with Bloomberg, Prime Minister Shahid Khaqan Abbasi has said that Pakistan would not devalue its currency any further. He further added that in the future exchange…

A Pragmatic Foreign Policy

A pragmatic foreign policy

Pakistan has decided to opt for a paradigm shift in its foreign policy. It has also for the first time wisely used its strategic location for deriving long-term economic benefits…

Banking On Exchange Rate

Banking on exchange rate

According to the IMF, rupee is overvalued by 5 to 20 percent - depending upon the estimation methods. Data from State Bank of Pakistan (SBP) also confirm that Real Effective…

Citing Foreign Media To Prove Performance!

Citing foreign media to prove performance!

The political atmosphere in the country during the past week has manifested itself in the economy as a major fall in the stock exchanges. Reports indicate that the Karachi Stock…