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Infrastructure – the most productive use of debt
In Pakistan, money is primarily borrowed to bridge budget gap.
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Which areas should be prioritised in development plan?
Govt focuses on roads and bridges, critics point to health care, education
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Borrowing and debt servicing the fait accompli
Pakistan needs sustainable development that will lead to tax flow without rate rises
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Where is the economy stuck?
Absence of coordination between govt, market forces slows down development
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Fair use of public money needs institutional reforms
Court decision in Panama case should help country correct budget spending, revenue collection
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Pakistan should equip workforce for CPEC challenges
Business houses need to win supply contracts for construction material, offer technical assistance
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Contrasting trends in Pakistan’s economy
Exporters sink deeper into quagmire whereas stocks touch record peaks
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Demonetisation of Rs5,000 note will not curb corruption
Corruption rife because institutions do not budge without bribes, commission money
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Loopholes must be plugged in upcoming Benami law
Media and political corps should be vigilant to prevent breach of law
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Panama Papers scandal: Speculation mars environment before court ruling
Regular income-profiling will stop people from dodging tax net