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2019

Budget Brief 2019-20

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Budget Brief 2019-20 Muhammad Sulaiman Social Indicators Facts about Pakistan Economy 5th most populous country in the world 23rd largest in the world in terms of purchasing power parity (PPP) 40th largest in terms of nominal gross domestic product. Nominal GDP per capita of $1,357 in 2019 (ranks 154th ) PPP GDP per capita of 5,839 in 2019(132th) Undocumented economy ... Read More »

The Federal Budget 2019-20

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The Federal Budget 2019-20 Rarely if ever, except perhaps during the initial years after our independence in 1947, has Pakistan faced such dire economic straits as those that confront it today. Consequently, the template of the federal budget was cast by the IMF programme terms that the country recently agreed with the Fund at the staff-level and has duly complied ... Read More »

European Elections

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   European Elections Young people chose Europe! The European Parliament elections are over, with the liberal wing sighing with relief, while the right wingers can smugly point to the increase to 25% of representation in the world’s second largest democratically-elected parliament. The good news is that the elections gained something of a new momentum. Since its first-ever direct elections in ... Read More »

Sources Attributable to the Sales Tax Gap

3D render of a court gavel and a sign with the words tax evasion, representing avoidance of paying taxes.

Sources Attributable to the Sales Tax Gap Bilal Hassan In Pakistan, people prefer to make business transactions in cash rather than through banking channels. Only 13 percent Pakistani nationals have formal bank accounts as compared to 83 percent people in Sri Lanka, 53 percent in India, 31 percent in Bangladesh and 92 percent in Iran, according to the JCR-VIS sector update ... Read More »

Second Belt and Road Forum

Pakistani Prime Minister Imran Khan arrives to attend a welcoming banquet for the Belt and Road Forum hosted by Chinese President Xi Jinping and his wife Peng Liyuan at the Great Hall of the People in Beijing, China, April 26, 2019. REUTERS/Jason Lee/Pool

Second Belt and Road Forum Key Takeaways Magazine Desk The second Belt and Road Forum for International Cooperation was held in Beijing from April 25 to 27 under the theme “Belt and Road Cooperation: Shaping a Brighter Shared Future”. The forum consisted of the opening ceremony, the Leaders’ Roundtable, the high-level meeting, 12 thematic forums and a CEO conference. 40 ... Read More »

Rule-based Diplomacy and UN Counter terrorism System

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Rule-based Diplomacy and UN Counterterrorism System Kamran Adil Introduction On 1st May 2019, Mohammad Masood Azhar Alvi (hereinafter Masood Azhar) was placed on the ISIL (Da’esh) and Al-Qaida  Sanctions List by the United Nations Security Council (UNSC). In response, the Government of Pakistan, through its Ministry of Foreign Affairs (MoFA), stated: “The UNSC 1267 Sanctions Committee listing is governed by clear rules ... Read More »

How Least Developed Countries can become leaders in tackling climate change

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How Least Developed Countries can become leaders in tackling climate change The group of Least Developed Countries (LDC) has been negotiating under the United Nations Framework Convention on Climate Change (UNFCCC) for many years and has continuously taken leadership roles at key points. For example, the push for and successful inclusion (against great odds) of the long-term global temperature goal of ... Read More »

In Conversation with Ayaz Hussain (PSP) 45th in Pakistan, CSS 2017-18

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In Conversation with Ayaz Hussain (PSP) 45th in Pakistan, CSS 2017-18 Catch line: JWT provides fundamental knowledge for Current Affairs, Pakistan Affairs and even for Islamiat in accordance with the needs of all competitive examinations. Jahangir’s World Times (JWT): First of all, please tell us about your educational background? Ayaz Hussain (AH): After matriculation, I did my intermediate from Government ... Read More »

Testing Times Ahead!

EDITORIAL JUN-19

Testing Times Ahead! With the surge of populist, nationalist leaders, especially in countries that are of key importance to world affairs, there were considerable apprehensions that peace of the world would be at stake. The policies such leaders expounded on, and steps they took, bode ill for the future of the world. The biggest example of such a ‘patriot’ leader ... Read More »