Dr Qaisar Rashid

Finally, the much-awaited budget has been presented in the National Assembly – immediately after Pakistan’s high-powered delegation concludes its visit to China. The ongoing month of June will be remembered to dictate Pakistan’s two preconditions. First, Pakistan has to present a budget for the financial year 2024-25 as per the directions of the International Monetary […]

Pakistan’s economy is now bracing itself for documentation and digitalization. Documentation means getting recorded, and digitalization means getting digitally accessed. Taken together, it means that, instead of manual entries done by tax authorities of any hue, digital computing technology would be used to collect taxes. Similarly, taxpayers would be able to access the economy digitally […]

Pakistan has finally reached the pass where the federal budget for the financial year 2024-25 will test the waters: whether or not Pakistan qualifies for the next Extended Fund Facility of the International Monetary Fund (IMF). Led by Nathan Porter, the IMF mission informed Pakistan that the next bailout package would be considered only when […]

Brilliance comes in several forms. One of them is the current Inspector General of the Punjab (IGP) police, Dr Usman Anwar. A few days ago, hosted by a famous anchorperson Suhail Warraich, Geo television aired a program, “Aik Din Geo Kay Sath” (a day with Geo Tv), which shed some light on the routine of […]

By hosting the two-day (9-10 September) G20 Summit in New Delhi, India finds itself jubilant. The summit declared personifying the theme, “Vasudhaiva Kutumbakam” (the world is one family). That is, the collective well-being is the global well-being. On the first day, India was successful in seeking 100 per cent consensus from the participants on the […]

Pakistan is in the hands of the interim government (called the caretaker government). Days assigned to it constitutionally are ninety. Nevertheless, the Election Commission of Pakistan (ECP) has announced to consume four months for the delimitation of electoral constituencies. By the constitutional mandate, the ECP can declare a growth in the number of voters in […]

On June 23 this year, the German Parliament (Bundestag) passed a new law, which modified the Skilled Immigration Act of 2020. The new law aims at attracting immigrant workers to Germany from outside the European Union. This was how the gamut of immigration reached from Pakistan to Nigeria. The new law, meant to modernize German […]

On July 14, the Chandrayaan-3 spaceship lifted off from the Launchpad at the Satish Dhawan Space Centre, Sriharikota. Chandrayaan, the moon mission, is expected to reach the Moon’s South Pole for a soft landing with a lander and rover on the lunar surface (where water is expected) by August 23-24. By doing so, India would […]

Last week, making an unprecedented move, the resident representative of the International Monetary Fund (IMF), Esther Perez Ruiz, met Pakistan’s politicians, from both treasury and opposition benches, to seek their support for policy objectives envisioned in the proposed $3 billion Stand-By Agreement arranged for nine months. Though the IMF’s representative considered it necessary to seek […]

Pakistan and the International Monetary Fund (IMF) have finally struck a staff-level agreement for the provision of $3 billion for nine months as a bailout package under a stand-by arrangement (SBA). The agreement replaced the Extended Fund Facility (EFF) which Pakistan entered in 2019 and which was to expire on June 30. The SBA is […]