A shopkeeper keeps his eyes fixed on a television screen at his shop...
A representational image of budget written with chalk on a miniature...
An employee counts Saudi Riyal bills at a money exchange office in...
A representational image of budget written with chalk on a miniature...
A representational image of a man holding a fuel nozzle at a petrol...
Workers busy in installation of solar panels on the top roof of a house...
The flags of US and Pakistan. — AFP/FilePAKISTAN and the US unveiled a...
An electricity technician can be seen working on an electric meter. —...
An electricity technician can be seen working on an electric meter. —...
Success will depend on relentless execution: pruning wasteful allocations, enforcing tax compliance without harassment
RSF arrangement underscores IMF's recognition of critical need for climate resilience in Pakistan
Soon enough, any such surplus may turn into a deficit if planning remains reactive
Country’s tax authority acknowledged that real growth in tax collection over last eight years has even lagged behind real GDP growth
A myopic view would consider this to be a problem that cannot be solved
Rolling out electric or hybrid public transportation infrastructure will further reduce reliance on imported oil
It continues to tax those who are already overtaxed, while completely turning a blind eye towards expanding the tax net
A foreign currency dealer counts US dollar notes at a shop in...
Incidence of taxes on salaried segment has in fact increased in range of 25-40 per cent
Author says rarely has Pakistan been able to sustainably exceed a tax-to-GDP ratio greater than ten per cent
People buy pulses and grains at a wholesale market in Karachi. —...
There are around 113,000 households that have solar net metering in Pakistan
a Pakistani employee of the state-run Islamabad Electric Supply Company ,...
A representational image of a transmission tower, also known as an...
Public transportation options exclusively relying on electric
This representational image shows the Coalmine. — PixabayThe government...
The government is yet to present any plan that breaks the cycle
As new government takes shape, first order of business is to accelerate closure of fresh IMF programme
Pricing of both sources of energy is controlled by sovereign, creating distortion, and misalignment of incentives
Question is why IMF is being asked to look into Pakistani elections — and what lender of last resort can even do about this
Inability to produce at competitive prices to either consume locally or export results in greater reliance on imports which necessitates availability of foreign currency
Political manifestos are often wish lists that rarely come true. Free or...
Abject refusal of successive governments and tax bodies to actually undergo necessary reforms has led to a scenario where our tax collections remain dismal in real terms
It is estimated that more than Rs110 billion is spent on weddings on an annual basis
Hundreds of thousands of words have been written about the economy, and...
The government continues to run its fiscal affairs with an increasing...
Detractors will say that the existing legal and governance framework makes it difficult to move towards a more competitive market
Afghan refugees wait near the United Nations High Commissioner for...
This picture shows a general view of the Karachi sea port. —...
Capital markets in any economy characterize the nature of that economy....
An unhealthy obsession with the rupee-dollar exchange rate has been...
Pakistan’s economy is now effectively stuck in a low-growth trap. The...
The economy has been in a tailspin for the last few years, and the way...
Inflation that continues to remain in excess of 25% has further eroded real incomes, as households scramble to balance their budgets
An energy transition is happening. Moving to a target of net-zero global...
More than one-third of all energy consumption in Pakistan can be...
PAKISTAN has a crude oil refining capacity of roughly 400,000 barrels per day, and this has stayed at the same level for more than a decade now, while our population and demand continue to grow
The government recently announced a hike in electricity tariff complying...
Digital loan sharks advertise heavily on social media and other platforms on the internet, targeting the most vulnerable segments of society
There has been a lot of noise regarding the Temporary Economic Refinance...
Electricity tariffs for lifeline customers have increased by 70 percent...