A grim future

By Tania Saeed Published in Dawn on November 02, 2023 THE recent decision of the interim government to deport all ‘illegal immigrants’ from Pakistan after Nov 1 has created a humanitarian crisis for refugees and asylum seekers, in particular for Afghan refugees. Going by UN figures, nearly 1.3 million Afghan refugees with Proof of Registration (PoR) cards, […]

02

Nov

Interest cost absorbs entire income

By Shahbaz Rana Published in The Express Tribune on November 01, 2023 ISLAMABAD: Finance Minister Dr Shamshad Akhtar, on Tuesday, identified the increasing cost of interest payments as a “primary concern” for fiscal stability. During the first quarter of the current fiscal year, debt servicing consumed almost the entire net federal income of Rs1.4 trillion. In her[…]

24

Oct

Fiscal performance in 2023

Published in Express Tribune on October 23, 2023 KARACHI:  As the western hemisphere felt the excitement of the annular solar eclipse in October, the World Bank was circulating its 2023 edition of Pakistan’s fiscal performance. Like a child knowing he had not passed every test, we sheepishly accepted our report card from a disappointed teacher. Like a[…]