14.4 C
Islamabad
Tuesday, March 19, 2019
The recent escalation between India and Pakistan has proved to be a boon for Pakistan's international image and standing. Pakistan is rightly not gloating on this success; in a highly matured response not only has Pakistan wasted no time in releasing the pilot of downed MiG 21 but gave...
"If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan's survival is linked to it. It's not about our liking or disliking: if our tax collection authority does not function properly, it could lead to a security risk. No nation...
Well performing regulators encourage innovation across the economy and enhance the growth of productivity through timely approval of measures, flexible approaches to new situations and a solid service orientation. Created by the legislature to implement and enforce specific laws, a 'regulator' or regulatory agency usually has quasi-legislative, executive as...
Should existing economic policies of the Khan administration be a source of comfort to the multilaterals? Two statements made by the International Monetary Fund’s (IMF) Managing Director Christine Lagarde compel one to respond in the negative. On 11 October 2018 Lagarde stated that the Fund would “need to have a...
Any country, when drafting its maritime policies, is faced with a dilemma that is similar in nature to most other economic matters. These countries have to choose between a protectionist stance and adopt flag protection policies or opt for openness and inclusivity allowing all individuals who choose to enter...
The findings from the Labor Force Survey (LFS) of 2017-18 have been released recently by the Pakistan Bureau of Statistics (PBS). The last such survey was for 2014-15. There is need to appreciate the speed with which a survey of 43,472 households was undertaken by PBS and the information...
The International Monetary Fund (IMF) has not yet firmed up dates for its negotiating mission's visit schedule to Pakistan after the meeting between Prime Minister Imran Khan and the Fund's Managing Director Christine Lagarde on 10 February 2019 in Dubai, though there appears to be an understanding that the...
On February 22, 2019, the Government of Tehreek-i-Insaf (PTI) published two tax directories- 'Parliamentarians Tax Directory' and 'Tax Directory for the year ending 30 June 2017' (these have been tabulated from returns filed manually and electronically till February 21, 2019 for tax year 2017). As per previous practice, these...
"Who will make investment in the country if businessmen face harassment?" questioned Justice Farrukh Irfan Khan of Lahore High Court while ordering removal of Shahzad Saleem (CEO Nishat Chunian Power) from the ECL. Are the government, regulators, and watchdogs listening? After years of indifference the Government seems to have woken...
The unprecedented has happened. National revenues, tax plus non-tax, of the Federal and provincial governments combined have actually fallen. They stand at Rs 2335 billion in the first six months of the current financial year. This is a fall of Rs 56 billion in relation to revenues in the...

Opinion

exports

Slow growth in exports

The performance of exports in the first eight months of 2018-19 has been disappointing. According to the monthly trade statistics of the PBS the...