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Inclusive Economic Growth: Pakistan’s Inadequacy by Majyd Aziz

The Asian Development Bank’s Strategy 2020, which is its long-term strategic framework, has adopted inclusive economic growth as one of the strategic agendas to achieve its vision of an Asia and Pacific region free from poverty. Inclusive [...]

Pakistan accepts IMF conditions to secure $6.7 billion loan

Government of Pakistan took a sigh of relief when IMF Board of Directors approved a new $6.7billion loan facility. This will provide government a breathing space to meet its financial obligations. The foreign exchange reserves had fallen dangerously [...]

Afghan Finance Minister due in Islamabad on Sunday

Afghan Finance Minister Hazrat Omer Zakhilwal is arriving in Islamabad today to meet with Pakistan’s Finance Minister to discuss economic agenda before the arrival of Afghan President in Islamabad on Monday. Afghan-Pakistan has a transit trade [...]

We have not increased debt burden to clear circular debt: Ishaq Dar

Pakistan’s Finance Minister in an exclusive interview with Hamid Mir of Geo news said that the government has not incurred more debt to clear circular debt of power generation companies. He said that because of this step there is now additional [...]

Heated debated in the parliament on imposition of GST

Newly elected government of PML N is facing increased opposition from Jamat-e-Islami and PTI against the imposition of general sales tax announced in the budget proposal. Finance Minister Ishaq Dar announced to increase the GST to 17% in his [...]