FATF/Pakistan: beyond grey list
Pakistan’s trip on the list of Jurisdictions under increased monitoring maintained by the Financial Action Task Force (FATF) is approaching an end. The recent consolidated assessment rating by the FATF…
Strengthening the ICC
The images of alleged atrocities of the Russian troops in the Ukrainian town of Bucha have created international outcry. Moscow is being accused of killing civilians in the town, a…
Privatization ordinance
The cabinet has approved the ‘Inter-Governmental Commercial Transactions Ordinance, 2022’ which gives the federal government sweeping powers to privatize state assets. Surprisingly, there is very little public discussion on the…
FY23: The budget
Friday 10 June the budget for 2022-23 is scheduled to be laid before parliament by the unelected though a PML-N stalwart finance minister, Miftah Ismail, who will have the honour…
India’s strategic dilemma
India’s balancing act on Ukraine has so far only satisfied the Russian side, a time-tested partner and its largest supplier of weapons. While the US and EU leadership has been…
After fascism stalls in India
HAS fascism run its course in India, as Arundhati Roy told Karan Thapar in an interview last week? In her view, India’s masses have stepped in to ensure its eventual…
Self-serving laws – II
On announcement of judgement on June 1, 2018, however, the ECP took diametrically opposite stand and decided to challenge the judgement in the Supreme Court. The federal government as well…
Why does Pakistan have so many oil tankers?
Over the last week, Pakistan has seen a spate of oil tanker accidents. One of them occurred at Ahmedpur Sharqia resulting in the death of more than 200 people, just…
AML regulations and fiscal laws – II
In the first article on this subject published on September 9, 2017 the relevance and changed perspective of anti-money laundering (AML) in today's world was briefly discussed. That article restricted…
Tax bailout for economic revival
According to various Press reports, all businesses in Pakistan, as elsewhere, badly hit by lockdown in the wake of Covid-19 epidemic, are demanding a comprehensive tax bailout claiming that loan…
