Oman charges flat 5pc VAT on range of services, items starting today
Published in arynews.tv on April 16, 2021 MUSCAT: Oman has now become the fourth Gulf state to implement Value Added Tax (VAT), with a flat 5 per cent being imposed on a range of goods and services from Friday, April 16. The other economies to have done so in recent […]
Pakistan’s overseas remittances exceed $2bn for 10th straight month
Published in DAWN on April 12, 2021 Remittances from Pakistani workers employed abroad exceeded $2 billion for the 10th consecutive month in March at $2.7 billion — up 43 per cent from a year earlier, the State Bank of Pakistan (SBP) said on Monday. Proactive policy steps by the government[…]
Troubled waters ahead
By Sakib Sherani Published in DAWN on April 09, 2021 AFTER 21 months of IMF-mandated fiscal austerity and demand management, the prime minister appears to have had enough and has signalled a change of course. The finance minister overseeing the implementation of the IMF programme, which the prime minister publicly[…]
South Asia Economic Focus Spring 2021 SOUTH ASIA VACCINATES
This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee[…]