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Khurram HusainDawn |
If businesses are not taxed, taxes on salaried people will either have to be raised very sharply, or taxes on fuel and electricity will have to do the...
Who can say with total confidence that the IMF and its affiliated institutions will even exist after five years?
If history is any guide, it is possible we could be sitting on this inflection point now.
A country the size of Pakistan should never allow itself to come this close to the edge of catastrophe.
The real meat comes where the industry proposals start, such as halving the property sale tax from 4pc to 2pc.
The State Bank is doing a very tough job at a very tough time. It has only just finished putting out the most ferocious...
The external account seems to be healthy, so why is the state still taking expensive loans from commercial banks?
The idea is that with rising competition for control over the system’s resources, staying within budgetary allocations becomes...
So far, the finance minister has extracted as much revenue as he could from taxing existing taxpayers.
STOCK brokers monitor share prices at the PSX. — Dawn archive The year 2024 ended more or less the same way it began, with Pakistan struggling to...
IN terms of getting its talking points right, the government’s Uraan Pakistan plan works. But sift through the details and very little of it is...
IT has been a heady year that we are saying farewell to. A hard-fought stability was brought to the economy in 2024, but at a steep cost. Politics...
IF you are fond of technology but not all that savvy about understanding its technical specifications then we have something in common. Do you get...
THERE appears to be growing impatience within the government with the ongoing economic adjustment, and an itch to somehow kick-start growth. The...
AN age-old question in Pakistan’s economic management is lurking behind the scenes one more time. How do we transition from economic stabilisation...
THE state may have succeeded in pushing the protesters back from the streets of the capital on Tuesday night, but consider what it took to make...
IT has now become a routine question. Every TV anchor and people I meet in any gathering all want to know: is it true that the economy is...
THERE are two critical dialogues taking place between the governments of China and Pakistan. One of them concerns the rescheduling of payables owed...
NOTHING is more important for Pakistan now than to learn to stand on its own feet. The triumph of Donald Trump as the next president of the United...
THERE is something about private investment that successive governments in Pakistan have failed to understand. Promoting private investment is a...
MAYBE this is a good time to recall the Reko Diq judgment delivered by one of the most exalted and hailed chief justices of the Supreme Court. Or...
THE connection between citizen and state is becoming frayed to an extent I have rarely seen before. In our national conversation, most of the...
IT is odd that the government has recruited former State Bank governor Reza Baqir as a consultant to work on building its Sovereign Wealth Fund....
THE news is not all bad, though the outlook remains gloomy and will take at least a year to rectify. The stabilisation phase of economic management...
AN idea is taking shape in a desperate bid to increase revenue collection. This idea would set thousands of auditors loose on those who have been...
RARELY have I seen a situation like this one. The economy is finding an uneasy and shaky stability; as inflation peaks, the exchange rate looks...
IN remarks reported widely in the media, Foreign Minister Ishaq Dar has been quoted complaining that the IMF is playing politics with Pakistan and...
A STRING of data releases in the previous week might suggest that the country has turned the corner. This is partially true. But it’s the other...
THIS is more or less what it looks like. When power begins to slip from your hands, like sand pouring from between the fingers, the picture looks...
RARELY have I seen things as scattered and messy as they are today, in the realm of economic management in any case. At the epicentre of the mess...
THE prime minister wants to bring down the cost of electricity. He should start by repairing the fiscal equation of the state. There is no harm in...
THOSE without a memory can be excused if they think this is the first time a massive public controversy has arisen around the question of...
THERE was one line in Finance Minister Muhammad Aurangzeb’s remarks last Sunday that caught my eye. In his press conference on that day, he...
THERE is nothing quite like a punch-up among the billionaires. That is exactly what we have going on these days with the whole ‘capacity payments...
THERE is no precedent in our history of such a long and intense spell of inflation gripping the country. It has never happened before. Pakistan has...
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