Miles to go

Published in Dawn on July 14, 2024 PRIME Minister Shehbaz Sharif’s budget for the present fiscal year has whipped up seething anger against his administration at home but won him a $7bn package from the IMF to temporarily shore up an embattled economy. An IMF statement says that it has reached a staff-level agreement with Pakistan on […]



IMF proposes 45% tax on agriculture income

By Shahbaz Rana Published in The Express Tribune on July 11, 2024 ISLAMABAD: As Pakistan seeks a multibillion-dollar bailout from the International Monetary Fund (IMF) to stabilise its chronically ailing economy, the global lender has suggested imposition of a standard individual income tax rate of up to 45% on agriculture income – something that may end the[…]



Pressure building

By Khurram Husain Published in Dawn on July 11, 2024 THERE is no precedent in our history of such a long and intense spell of inflation gripping the country. It has never happened before. Pakistan has had bouts of high inflation, with the last one running roughly from early 2008 to 2010 or so, depending on which[…]