‘Homegrown’ macroeconomic framework
The recent medium-term projections by some of the major multilateral agencies have created a strong sense of apprehension about the future prospects for the economy of Pakistan. For example, the…
PTI govt says it is on the road to major change
Something very significant is under way in Pakistan, the government in Islamabad would like you to believe. A small group of foreign journalists, Reuters correspondents included, was given Pakistan's new…
Measuring banking sector competition – I
The following are excerpts from a Working Paper "Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator" authored by State Bank of Pakistan's Mahmood ul Hasan…
Pakistan at 70
Thanks to the untiring efforts of former Foreign Minister of Bangladesh Iftekhar Ahmed Chowdhury and a former Finance Minister of Pakistan Shahid Javed Burki, Research Professors at the Institute of…
Covid-19: economic & tax reliefs
Pakistan is facing the brunt of Coronavirus outbreak as the country is in a partial lock down. This has had a negative impact on businesses. Initial estimates show that the…
Allama Iqbal on equitable taxation
In this article, we are highlighting the ideas of the great thinker, philosopher and poet, Allama Muhammad Iqbal, on economics and taxation. He is popularly praised and acknowledged as Musawwir-e-Pakistan…
Tapping the digital banking potential
Based on extrapolation from a 2005 SMEDA survey, and using commercial and industrial electricity connections as a proxy, Pakistan has five million MSMEs (micro, small and medium enterprises). Out of…
Seven years after NAP
Where Pakistan stands in terms of countering terrorism and extremism is a question that needs to be addressed more than anything now. The attack on the Army Public School in…
Growth in external debt
The external debt of Pakistan stands at $113.8 billion as of the end of September 2020. It has registered an increase of only $0.9 billion in this quarter. Therefore, there…
The rich owe $5.7trn to the poor!
Recalling the promise, world’s richest countries made on 24 October 1970 through a landmark UN resolution, to give a small percentage of their income annually – just 0.7% – in…
