Federal Budget of Pakistan 2021-2022 – An Overview on June 22, 2021The goals of macroeconomic policies of any country including Pakistan are: 1. To ensure low unemployment (at Natural Rate of Unemployment) in the country 2. To ensure Price Stability (low inflation) in the country – inflation should be low enough to stimulate the demand side (creating consumer surplus) and high enough to stimulate the supply […]
Significance of digitization for Pakistan’s economy on June 4, 2021Since the advent of the internet, the computer and mobile technologies as well as the powerful tools like Google, Instagram, Facebook and WhatsApp etc. also with initiation of digital e-businesses like Amazon and Ali Baba, the face of world economics has changed. This change is more visible in this era of COVID-19 when countries have […]
Tax reform suggestions for budget 2021-2022 on May 12, 2021Finance Minister Shaukat Tarin on May 3, 2021 gave a policy statement on the economy and the IMF conditions, stating that, “IMF did injustice to Pakistan by asking the government of Pakistan to increase its electricity tariff, in order to reduce the circular debt, because this price hike is increasing inflation, had stopped the economy […]