The COVID-19 and its Economic Impacts on March 16, 2020The COVID-19, commonly known as the Corona Virus, has emerged as a new threat to the world. Since January 2020, its beginning from China, it has affected almost one hundred thousand people around the globe. Around Five to Six thousand people have died due to this virus till now and the death toll is rising […]
Pakistan’s Monetary Policy Management: Hot Money and High Policy Rate on February 14, 2020The State Bank of Pakistan has announced the first monetary policy, for the year 2020, as expected due to the higher rate of inflation, the policy rate has been maintained at 13.25 percent. In this regard, the debate on ‘Hot Money’ has been started in Pakistan. The economic experts are of the view that due […]
Tax management in federal budget on June 17, 2019The federal government has presented its first finance bill. The total outlay of the budget is Rs 7,036.3 billion with a record deficit, is almost 7.2 per cent of the GDP. The Pakistan Tehreek-i-Insaf government had promised change. The change in the overall socio-economic and administrative infrastructure is expected from them. In this regard, the […]
The hefty tax management in Budget 2019 on June 14, 2019The federal government of PTI has presented its first proper finance bill. The total outlay of the budget is 7036.3 billion rupees, with a record deficit of 3.15 trillion rupees, which is almost 7.2 percent of the GDP. The PTI’s government had come with the agenda of change. The change in the overall socioeconomic and […]
The rise and fall of Asad Umar on April 22, 2019Given his build-up, one could predict as early as April 2012 that Asad Umar was going to be the federal finance minister whenever Pakistan Tehreek-i-Insaf won an election and formed a government. From grassroots PTI workers, of who many showed no signs of understanding macro-economics, to Imran Khan himself, everybody swore by his business acumen. […]
Governing through verbal orders: PTI’s goodwill on stake on November 28, 2018The PTI lead government completed its first 100 days now. The time frame of 100 days which has been set by the government itself passed very swiftly. The first three months of the current regime are more than eventful. Usually in Pakistan the political front does settle down for a while after the elections, but […]
Why Pakistan needs IMF on November 19, 2018IMF (International Monetary Fund) and Pakistan has been in a long term relationship for almost fifty years. Developing nations like Pakistan do occupy loans from the IMF, for the purpose of financial management and deal with the problems like debt financing and current account deficit. Pakistan signed last SAP (Structural Adjustment Program) in the year […]
IMF and Pakistan: the good, the bad and the ugly comparatives on October 17, 2018Finally Pakistan is going to seek another bailout package from IMF (International Monetary Fund). The current government is facing a lot of criticism due to this decision. One way or another the PTI led federal government has provided a valid ground to the political and economic critics. Since, last year everyone has been anticipating a […]
A mini-budget with minute transformations on October 6, 2018The incumbent government has remained successful in its first constitutional test, as the supplementary budget has been passed for the financial year 2018-19. The government has taken taxation measures worth Rs 183 billion and cut the Public Sector Development Program by Rs 125 billion. The government has claimed that a mini-budget would help in restricting […]
Old religious dynamics in Naya Pakistan on September 12, 2018Religion has always been a hot topic in Pakistan. It is very relevant to the social infrastructure of our society. Religion and religious belief is something which can make and break any vital socio-economic decision. In 1947, the founder of the nation Quaid-e-Azam Muhammad Ali Jinnah appointed Sir Zafarullah Khan as his foreign minister. It […]