Pakistan eyes opportunities in Saudi vision 2030
The MBS launched the 2030 vision for the Kingdom of Saudi Arabia, which will reduce its reliance on petrodollars.
PIA privatisation: missed opportunity by government?
The government has come up with a prescription that there is no other solution but to privatise the national flag carrier Pakistan International Airlines (PIA)
Pakistan’s deadline to end Riba, push sparks questions on foreign loans
The much-hyped 26th Constitutional Amendments, enacted with the approval of the Parliament, envisage two key amendments other than the judiciary: those related to the environment and abolishing Riba (interest) from the banking and financial system.
Pakistan seeks climate finance to augment $7 billion IMF programme
Amid the possibility of requesting augmentation of the IMF programme with the help of climate finance, Pakistan is all set to showcase its commitment to stick to the path of taking tough decisions for fully implementing the Fund-sponsored program under the $7 billion Extended Fund Facility (EFF).
Pakistan’s power crisis: why only structural reforms can save the sector
The cash-bleeding power sector has faced multiple challenges including inefficiencies in generation, transmission, and distribution systems from top to bottom.
Can FBR’s new measures reverse the tax collection crisis?
Pakistan’s tax base has been highly skewed and narrow-based as official data shows that after adjusting for inflation and real GDP, the FBR's real tax has been standing at 1 per cen
IMF’s $7 billion package: can Pakistan deliver on tough reforms this time?
Amid the expectation of obtaining approval from the IMF’s Executive Board on a bailout package of $7 billion under 37 months, Extended Fund Facility (EFF) for Pakistan’s economy is going to set the stage for undertaking tough structural reforms which were never implemented in the case of Pakistan.
Pakistan to experiment with plastic currency: what to expect?
The State Bank of Pakistan (SBP) has been reviewing to replace all currency notes, including launching polymer currency of any one note.
Punjab’s electricity subsidy plan: short-term relief or political gimmick?
Pakistan Muslim League (N) led Punjab government unveiled its strategy to provide relief of Rs 14 per unit for electricity consumers through doling out subsidies to bring a sigh of relief to the lives of inflation-stricken masses. The first and foremost burning question arises as to whether such a step
Will new FBR Chairman overcome challenges in digitalising tax system, meeting IMF demands?
ISLAMABAD: With appointment of Rashid Mahmood Langrial, a BS-21 officer of Pakistan Administrative Service (PAS) as Chairman Federal Board of Revenue (FBR) poses serious challenge for digitalisation of the tax machinery and ensuring smooth sailing of the IMF program. Prime Minister Shehbaz Sharif has grilled the former Chairman FBR Amjad
