Naveed Qamar criticises continued reliance on indirect taxes, petroleum levy; NDP consultants warn Pakistan remains on a "fragile stabilisation path".
Pakistan's finance committee flagged fiscal law violations as circular debt hit Rs5.1tr and FBR missed collection targets by Rs680bn in FY26. Inflation projected above 12% and 90% energy dependency on Middle East imports signal sustained macro-fiscal risk for any business with regional exposure.
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• Naveed Qamar criticises continued reliance on indirect taxes, petroleum levy
• UNDP consultants warn Pakistan remains on a ‘fragile stabilisation path’
• Inflation projected to exceed 12pc despite gradual economic recovery
ISLAMABAD: A parliamentary committee on Monday accused the government of persistently violating its own laws by failing to circulate and publish the Budget Strategy Paper (BSP) by May 10, besides doing little on economic reforms.
The top five ministries, including energy, defence, interior, cabinet, and national health, accounted for nearly 91 per cent of...
THE latest IMF staff report reveals the scale of Pakistan’s fiscal dilemma. The approval of fresh disbursements...
Proposes Rs430bn new budgetary measures; suggests 18pc hike in petroleum levy target; asks provinces to mobilise extra Rs430bn.
For decades, anti-corruption rhetoric in Pakistan has been loud but fleeting, with crackdowns losing momentum once political…
Proposals under consideration for the upcoming budget 2026-27 include measures to improve transparency and documentation through…
Schedules Annual Plan Coordination Committee and National Economic Council meetings early next month to clear a consolidated…
