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AGRICULTURE: A NEGLECTED LIFELINE OF NATIONAL ECONOMY

  • MUHAMMAD NAEEM BAIG
  • July, 2018
  • Economy

The latest Economic survey of Pakistan posts a hopeful picture of Pakistan's agri sector. Agriculture employs 42.3 percent of the labour force and providing raw material  for several value-added sectors

We are not reluctant to trumpet that agriculture is lifeline of our national economy but only a few understand its meaning in our country. At a time when the country is enci...


TOWER OF CIRCULAR DEBT

  • Saleem Shahab
  • Apr, 2018
  • Economy

The government needs to take solid steps to improve power generation and spice up the transmission and distribution system. But the government is looking for winning election instead of anything else

At a time when the time of general election 2018 is getting nearer, Pakistan’ energy sector’s circular debt is rising beyond the reach of the aspirants to pay through available reso...


TAX AMNESTY OR FACE-SAVING

  • Dr. Shahid Wazir Khan
  • Mar, 2018
  • Economy

To encourage taxpayers to pay taxes within a short time frame, the government is planning to bring a scheme of tax amnesty and repatriation of assets program. The objective of the conceived scheme is to boost the income generated from taxes in the state budget.

Tax is a major source of revenue for most of the countries like Pakistan and it performs three main functions; it is the...


REMITTANCE GROWTH AS A POLICY IMPERATIVE

  • ASAD EJAZ BUTT
  • Feb, 2018
  • Economy

Even though remittances have continued to increase, their sustainability is a serious concern for a remittance-driven economy like Pakistan

Pakistan has recently concluded its loan programme with the International Monetary Fund (IMF) and the country’s leadership, having become increasingly wary of external loans and grants have expressed their interest in transitioning towards econo...


A SNAPSHOP OF TAX CULTURE IN PAKISTAN

  • Dr. Shahid Wazir Khan
  • Dec, 2017
  • Economy

We can safely presume that in current scenario no government whether political or military can deliver to the masses.

Tax payments are the cost of living in a civilized society. A country’s Tax to GDP ratio is a reflection of responsible citizenry in a modern state. In democratic dispensations, taxation and accountability works in tango. Taxes are compulsory levy which people never ...


PAKISTAN IN PERSPECTIVE OF GLOBAL ECONOMIC DYNAMICS

  • Dr. Shahid Wazir Khan
  • Oct, 2017
  • Economy

It has to cope with problems like poor performance of state-owned enterprises, high unemployment, low investment, precarious  twin deficits, low export earnings, neglect of the services economy in government policies, overlooked investment in human resource development and physical infrastructure, low tax-to-GDP ratio, energy shortage and ineffective governance

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TAXATION THE ONLY WAY OUT

  • Dr. Shahid Wazir Khan
  • June, 2017
  • Economy

The capacity of the state to grow and survive is intimately related to its ability to collect taxes from its people. The evidence suggests that in Pakistan people do not fulfill their tax obligations voluntarily

During the last ten years Tax to GDP ratio of Pakistan has increased from 8.7% (2005-06) to 11.5% (2016-17). Whereas Pakistan's population growth rate is 2.1 per cent, leavin...


FREE (BUT NOT FAIR) TRADE AGREEMENTS

  • M. Abdul Mateen Khan
  • Dec, 2016
  • Economy

Trade Creation or Dependence Creation: A case for policy revision

Deficit in International trade is the foremost and an unending reason of economic malaise faced by Pakistan. Large import bill for essential as well as luxury good is not covered by exports earnings. It has led to country’s dependence on IMF and other lending institutions and governments, deficit financing and foreign ...


Macroeconomic Stability for Commoners or Rent Seekers

  • M. Abdul Mateen Khan
  • Oct, 2016
  • Economy

The World Bank (WB) in its recent reports listed Pakistan a country that has successfully restored economic stability and brought the economy on sound footings

Pakistan Government and State Bank remain confident that the country has achieved Macroeconomic Stability through sustained improvements in eco- nomic fundamentals during the tenure of the present government. Macroeconomic stabi...