Concessions, debt & reforms

By Riaz Riazuddin Published in Dawn on April 16, 2024 THE FBR had been publishing its Tax Expenditure Report since 2020. Each report estimates the ‘tax expenditure’, ie, the tax foregone or the revenue loss because of the built-in tax concessions and exemptions in our federal tax laws. Such concessions are legally doled out to various power […]



Time to act is now

By Stefan Dercon Published in Dawn on April 09, 2024 OVER the last three decades, including as the chief economic adviser for the UK’s development work, I have witnessed economic transformation across large parts of the developing world. This transformation manifested itself in various forms, such as rapid income rises of Ghanaian farm workers, education access for[…]



Remittances soar to $2.95 billion

By Salman Siddiqui Published in The Express Tribune on April 09, 2024 KARACHI: The inflows of workers’ remittances sent home by overseas Pakistanis hit a two-year high at $2.95 billion in March, taking the cumulative inflows to $21 billion in the first nine months of the current fiscal year 2024. The remittances have risen to this level[…]