Pakistan & Corruption Perception Index 2022
Time for deep introspectionDr. Ikramul Haq & Abdul Rauf ShakooriIntegrity, Transparency, and the fight against corruption have to be part of the culture. They have to be taught as a fundamental value—Angel Gurria, OECD Secretary-GeneralLeaders can fight corruption and promote…
Taxes, inflation & public welfare
Dr. Ikramul HaqThe Federal Board of Revenue (FBR) has achieved a milestone of collecting for the first times taxes of Rs. 3.965 trillion in the first seven months of the current fiscal year, for which its top management, the entire…
Pakistani nation & resilience!
Huzaima Bukhari“The oak fought the wind and was broken, the willow bent when it must and survived”—Robert JordanIf asked to name one nation in the world that surpasses all levels of resilience, one usually comes up with “Japanese” but according…
Mitigating climate change risks
Huzaima Bukhari, DR. Ikramul Haq & Abdul Rauf ShakooriGlacial lake outburst floods (GLOFs) represent a major hazard and can result in significant loss of life. Globally, since 1990, the number and size of glacial lakes has grown rapidly along with…
FBR, IMF & revenue targets
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriThe federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470 trillion to the Federal Board of Revenue (FBR) which includes both direct and indirect taxes. The revenue…
Prudent fiscal management
Dr. Ikramul HaqUndoubtedly, Pakistan is presently facing the worst multidimensional economic crisis of its history. From serious dollar crunch to monstrous debt burden, historic high inflation to exorbitant discount rate, widening fiscal deficit to unsustainable debt servicing, vulnerabilities on external…
Of assets declaration & IMF bailouts
Dr. Ikramul Haq & Abdul Rauf Shakoori“Priority measures include the establishment of an asset declaration system with a focus on high-level public officials (including federal cabinet members) (end-March 2022 SB) [SB is structural benchmark], reset to end-September 2022), and publication…
Lethargic economic management
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriAbout 84 % of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022. Global inflation is set to fall from 8.8 % in 2022 (annual…
Public Manifesto—III
Road to prosperityDr. Ikramul HaqA fair and just tax system is at the core of social democracy. Funds contributed by taxpayers should be expended for meeting state expenses and providing social justice to all citizens. This perspective is totally missing…