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Time to reflect

IN a recent article in Dawn, the World Bank South Asia vice president, together with the country director, put forward a five-point development strategy to move Pakistan onto a path…

What should the tax policy be in 2024?

There is an ongoing debate regarding the preferable size of government – big or small? ‘Big government’ is a political concept where the government plays a predominant role in social…

IMF projections

The good news is that the IMF Executive Board has completed the First Review of the Stand-By Arrangement for Pakistan and authorized the immediate disbursement of $700 million. The press…

Real time access to info and data base

The nature of documentation of Pakistan’s economic environment can be classified into three broad segments as under: 1. Transactions undertaken by the documented sector which are also reflected in ‘tax…

Aviation: the rot deepens

PIA’s financial and operational demise is a known fact, and enough is being discussed in media on its privatization and other matters. However, not much has been said about its…

Bullish and bearish norms on PSX

When the bulls took over the PSX in the last week of June 2023, few expected their run to continue unbroken for six months, taking the benchmark KSE-100 index from…

Non-disclosures & underperformance

Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to collection of taxes and duties it administers, with an analysis highlighting…