08

May

Eyeing $8bn commitment, Pakistan starts fresh talks with WB

By Mehtab Haider Published in The News on May 07, 2024 ISLAMABAD: Pakistan has kickstarted fresh negotiations with the World Bank (WB) for four-year Country Partnership Strategy (CPS) policy framework with the expectations that the Washington-based lender might commit $8 billion for major priority areas. The CPS might cover from FY 2025 to FY 2029. The discussions […]

Weathering the storm

Published in Dawn on April 29, 2024 THE year 2023 is a sobering reminder of the tumultuous relationship Asia has with climate change and how this change appears to be gaining momentum each year. According to the World Meteorological Organisation, Asia bore the brunt of climate and weather disasters last year, with temperatures in the region climbing[…]

16

Apr

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[…]