Beyond breaking the bowl
The $5.3 billion (which may go up by $2 billion) staff-level agreement with the International Monetary Fund is a classic case of borrowing afresh to work off the current debt.…
Beyond breaking the bowl
The $5.3 billion (which may go up by $2 billion) staff-level agreement with the International Monetary Fund is a classic case of borrowing afresh to work off the current debt.…
Tackling corruption
THE Pakistani electorate vehemently endorsed the slogan of Roshan Pakistan by voting in its architects the PML-N. However, the electorate was thoughtful enough not to wholly reject the slogan of…
Of human bondage
The US State Department released the ‘Trafficking in Persons (TIP) Report, 2013 on June 19. The report has been regularly issued every year since 2001. It grades different countries of…
Finance Bill 2013: Meaningful suggestions
Senate Standing Committee on Finance sent a number of meaningful, though unbinding, recommendations to the National Assembly on 21st June, 2013. Finance Minister Ishaq Dar ignored all of them while…
Budget 2013-14: Concluding Speech
Alongside is the text of concluding speech delivered by Senator Mohammad Ishaq Dar, Federal Minister for Finance, Revenue, Economic Affairs, Statistics and Privatisation, in the National Assembly on 22nd June…
Negotiating a new IMF programme
Two weeks ago (June 11), I suggested that it was time for Pakistan to go to the IMF for balance of payments support as the country’s foreign exchange reserves had…
Bullish on Pakistan
ALTHOUGH the Karachi Stock Exchange has risen over 50pc over the last year, financial analysts have not rushed to declare Pakistan a `bull market`. The reasons for their caution are…
Taxing the taxed: Income Support Levy Act, 2013
In the current budget, the government has proposed to levy a wealth tax by proposing to enact a new law.1 The object of the tax is to provide financial assistance,…
Sincerity is not enough
No government in Pakistan has ever inherited a graver and more existentially challenging set of crises and problems than the PML-N-led national government will do when it formally assumes office…
