Pakistan at 75
Governance sans justice Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Rule of law, transparency, accountability and fair treatment to all citizens are considered as the fundamental principles of good governance deviation from which adversely impacts the law and…
Averting default, inviting stagflation
Dr. Ikramul Haq & Abdul Rauf Shakoori “There were serious worries about Pakistan heading the way of Sri Lanka and getting into a “default-like situation,” but that seems to have been averted after significant changes were made”— Federal Finance Minister,…
To cry or not to cry
Huzaima Bukhari “We don’t train boys to have vocabulary around their emotions beyond anger”—Fredric Rabinowitz The last couple of centuries have witnessed a plethora of literature on feminism, gender specific roles, advantages and disadvantages of being a man or a…
Meeting the challenge of rising inflation
Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan will not risk creating economic recession for the sake of achieving inflation-adjusted positive interest rate, soothing market’s fears of a further rise in the rate after inflation soared to 25%. We do…
Pakistan & FATF: next steps
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori Pakistan was placed on the list of Jurisdictions under Increased Monitoring in 2018 by the Financial Action Task Force (FATF) due to deficiencies in its anti-money laundering and combating financing of…
The tax gap
Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf Shakoori In a recent disclosure, the Chairman Federal Board of Revenue (FBR) admitted that tax gap of Pakistan is Rs. 3000 billion. According to a Press report [Tax gap stand at…
Charity begins at home!
Huzaima Bukhari “True charity is the desire to be useful to others with no thought of recompense”—Emanuel Swedenborg, (1688-1772) Swedish Lutheran theologian, scientist, philosopher, revelator and mystic Collins English Dictionary defines ‘charity’ as, the giving of help, money, food etc….
Judicial shenanigans & political chaos
Dr. Ikramul Haq & Abdul Rauf Shakoori “Great cases, like hard cases, make bad law. For great cases are called great not by reason of their real importance in shaping the law of the future, but because of some accident…