FY17: Current account deficit widens by a massive 149%
As a percentage of GDP, the deficit rises to 4% compared to just 1.7% in FY16
Economy
Pakistan pays $4.8b in external debt servicing
Senate panel questions government’s strategy of acquiring new loans
5
Joining G-20 by 2030
The realisation of this potential depends on transformation of the economic structure
Misreporting of numbers
Pakistan’s economy may have made some progress, but most of it came on the back of falling oil prices
A check needed on govt’s money-printing frenzy
Increasing currency in circulation has caused worst kind of inflation
Costs of public-private partnership
Preference for economic window dressing harms public welfare
Pakistan’s failing trade strategy
Country is not in sync with the rest of the world as far as its policies are concerned
IMF, Pakistan fail to see eye to eye in assessment of economy
Global lender stresses exchange rate flexibility, while Islamabad remains optimistic
Pakistan’s financial mismanagement
PML-N government has been supposedly “blessed” with stable management in the Cabinet
Opportunity cost of taxing NPOs
This year, Pakistan earned Rs 3,400 billion in tax revenues, amongst the lowest in the world
Potential: Tap Chinese markets to increase exports
Gives Pakistan an opportunity to double exports by exploiting Chinese markets
CPEC will allow Pakistan to become global leader
SEZs will help transfer of knowledge and technology, say experts
SEZs ‘to turn Pakistan into engine of growth’
Iqbal wants comprehensive strategy to lure investments
Boosting competitiveness and export performance
Our policymakers have never adopted measures to cure the root causes of these problems
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