SBP’s data expose fragile ‘stabilization’
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan’s economy in 2025 reached a delicate inflection point. Crisis management gradually…
External financing & debt sustainability
Dr. Ikramul Haq & Abdul Rauf Shakoori Reserve-related liabilities of the SBP include all foreign exchange liabilities to residents (except general government)…
Money maundering related tax offences
Dr. Ikramul Haq In Pakistan’s current enforcement climate, the line between fiscal regulation and criminal prosecution is increasingly being blurred. Ordinary tax disputes…
2026: Roadmap To Prosperity—II
Dr. Ikramul Haq Many writers, institutes, and think tanks, such as Pakistan Institute of Development Economics (PIDE) and Prime Institute have been…
Boomers v Gen Z Debate
Dr. Ikramul Haq The fashionable trope of “Boomers v Gen Z” has recently entered Pakistani discourse, imported entirely from Western culture wars…
2026: Roadmap To Prosperity—I
Dr. Ikramul Haq One may question what is the rationale behind the exclusion of expenditure charged upon the Consolidated Fund from the…
2026: Tax policy for growth & prosperity
Dr. Ikramul Haq The just ended 2025 witnessed the pathetic and disappointing performance of Federal Board of Revenue (FBR) and provincial…
AI-enabled crimes & AML/CFT challenges
Dr. Ikramul Haq & Abdul Rauf Shakoori The rapid diffusion of artificial intelligence (AI) across financial systems has reshaped the risk environment…
2025: Year of stability & privatization
Dr. Ikramul Haq & Abdul Rauf Shakoori The near end of 2025 has brought a rare turning point in Pakistan’s political economy,…