PAKISTAN and China have reaffirmed that the CPEC, as a pioneering project of the BRI, had entered a new phase of high-quality development and the need to give new impetus to the historic initiative. During extensive dialogue between Chinese Foreign Minister Wang Yi and Pakistani leadership, the two sides...
For governments in Pakistan, things doable have become undoable. During Muharram this year, milk became dearer than petrol and diesel. In Karachi and other places of Sindh, the price of milk had gone up as high as Rs140 a litre. At the same time, petrol was selling at Rs113...
In a briefing to the Prime Minister, Chairman Federal Board of Revenue, Shabbar Zaidi, presented a very optimistic picture about the measures taken by the FBR and tax collections during the first two months of the current fiscal year. The PM was informed that 28 percent growth in tax...
Opposition parties and a section of the media have been holding the present government responsible for borrowing excessively from various sources to finance the budget deficit in the outgoing year. This does show the PTI government in a bad light and suggests that it is unable to manage the...
THE talks between the Federal Board of Revenue and trader associations ended in deadlock on Friday after a strenuous round of negotiations. The trader associations have flexed their muscles in the recent past by effectively carrying out a countrywide strike that saw an enthusiastic response in all major cities,...
The Economic Coordination Committee of the Cabinet (ECC), the highest economic decision-making body in the country, has under the chairmanship of Adviser to the Prime Minister on Finance Dr Hafeez Sheikh approved proposals submitted by the Ministry of Finance to simplify the tax regime for non-resident companies investing in...
THE inflation data just released may evoke a sense of comfort at first glance — but, when examined more carefully, one realises that what is actually being shown is a sharp jump in prices in the month of August. According to the Pakistan Bureau of Statistics, inflation as measured...
AFTER approving the draft of the Gas Infrastructure Development Cess amendment ordinance in a cabinet meeting, then sending it to the president for signature, the prime minister decided on Monday to “take notice” of the benefit that might accrue to various large stakeholders because of the ordinance, and announced...
Prime Minister Imran Khan has become visibly more actively engaged in the economic policies of his newly installed economic team and has begun to regularly seek clarifications/explanations of the likely impact of their policy decisions taken under the roadmap agreed with the International Monetary Fund (IMF). One area of...
It seems the government is quite satisfied with its tax collection efforts during the first two months of the current fiscal year. The numbers of the July-August collection have come out at Rs580 billion, which is significantly higher than last year, but still short of the target. With a...

Opinion

tourism cpec

Kashmir-CPEC nexus

In a new geostrategic scenario, situation has tied up Kashmir and CPEC with each other forever. Their correlation has opened up a new window...