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IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to catastrophic flooding and unprecedented rains that have affected almost one-third of…

Governance reforms anchored in civil service reforms–II

Compensation structure Civil servants complain about commitment and performance demotivation because their compensation structure compares unfavourably with those in the private sector with similar degree of responsibility and scale and…

Fixing the taxation system – Part III

One of the pernicious side-effects of a large dose of the federal divisible tax pool injected into the provincial finances is that the provinces have become slack in mobilizing their…

Fixing the taxation system – Part I

Very few people outside the economics profession realize that fiscal (government revenue and expenditure) and current accounts (inflows and outflows of foreign exchange) are closely interlinked. A current account is…

Choices: reform or perish

The time has come for Pakistan to take some tough decisions and reorient its economic policies. Business as usual will yield the same errors. The shocking economic and human security…

Reforms for justice : Part – II

The legal profession is rapidly changing – but not in Pakistan. The Fourth Industrial Revolution is going to impact the legal sector. In other countries international lawyers and law firms,…

History of taxation: a perspective

Taxes are share of state in income, production and consumption and never liked by individuals or corporate bodies. However, they have very important role in economic development and income redistribution.…