Money laundering – I
Last week, the Prime Minister of Pakistan announced four fundamental steps with respect to the economic program, for immediate future. Notably, taking strict actions against money laundering activities is one…
Swiss prosecutors seek widening of secrecy law to bankers abroad
Swiss prosecutors are seeking a court ruling that would make it easier to convict whistleblowers for breaking the country's bank secrecy law wherever they are in the world, legal documents…
Treat the cause, not the symptom
On March 25, 2016 the Executive Board of the International Monetary Fund (IMF) completed the tenth review of Pakistan's economic performance under the three-year Extended Fund Facility (EFF) amounting to…
A crafty dealing?
The eleventh International Monetary Fund (IMF) review was uploaded on the website on 5 July, eve of Eid-ul-Fitr. This could be construed as either a deliberate attempt to defuse a…
What the future has in store?
Each quarterly review of Pakistan's performance under IMF's Extended Finance Facility (EFF) points to public debt exceeding its target and tax collection remaining below its target. The ninth review again…
The IMF review: favourable or not!
The sixth International Monetary Fund (IMF) review was uploaded on its website this Tuesday past and the question whether it supports the pace and substance of the government's efforts towards…
IMF and FBR
International Monetary Fund (IMF), in its Third Review under the 1Extended Arrangement for Pakistan, has noted significant shortfall in revenue measures from the original programme objectives. The IMF2 says that…
Digital deadlock
Pakistan’s journey towards digitisation, characterised by ambitious policies and bold aspirations, remains constrained by weak implementation, inconsistent political commitment and inadequate financial backing. Over the past decade, frameworks such as…
Regulating jewellery
In recent years, Pakistan has experienced economic challenges and uncertainties caused by volatile exchange rates and fluctuations in gold prices. To address these issues and promote stability and growth, the…
One year on
WHAT has been the record of Prime Minister Shehbaz Sharif’s government as it completes one year in power? While the ruling coalition claims many achievements, this is not reflected in how…
