Silence and neutrality
Silence is the most profound expression of neutrality. Some of the caretakers appear to disagree, though. Apart from making avowed statements in which they recognise the holding the elections as…
Punctured tax base
The Chairman of Federal Board of Revenue (FBR), while talking to Associated Press of Pakistan on 17th February 2012, conceded that "Pakistan has one of the lowest tax-to-GDP ratios in…
European markets shudder at prospect of Berlusconi return
Europe is holding its breath at the prospect of a return to power of former Italian prime minister Silvio Berlusconi. Although he insists that he has no interest in being…
US Bank Secrecy Act of 1970: Currency reporting and crime of structuring
Despite provisions of currency reporting and the crime of structuring in the Bank Secrecy Act, 1970 neither the implementers nor the law enforcement agencies noted the importance of the measures.…
View Point: Clueless in Islamabad?
The Supreme Court bench hearing the case of Quetta Hazaras' killings asked the government the simple but important question: What're you doing to stop the killing of Hazara people? Irrespective…
Trading profit
If everybody produced the same things, trade would be limited to raw materials. While the smirking laymen is indulged, economic pundits can hardly challenge the afore-stated assertion as baseless. In…
Let this Pandora’s box be opened
Since his return to Pakistan on a mission to ‘save’ the country, Musharraf has been uncharacteristically subdued. For good reason. The public response to his homecoming has been one of…
In search of wisdom
Our age needs to rediscover the lost cultural resonance with the revealed words of God, which were spoken to the human species by a series of chosen prophets. It has…
The youth factor
Pakistan’s ‘youth bulge’ has been a topic of interest for international and national commentators for some years now. Pakistan is among the few developing countries in the world where the…
Debt and fiscal policy statements 2012-13
Two important documents, namely, Fiscal Policy Statement and Debt Policy Statement for 2012-13, released on 4th February 2013 by the Debt Policy Co-ordination Office of Ministry of Finance, while expressing…
