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2019

CONSTITUTIONALITY OF THE POLICE LAWS AND THE SINDH REVIVAL OF POLICE ORDER BILL, 2019

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CONSTITUTIONALITY OF THE POLICE LAWS AND THE SINDH REVIVAL OF POLICE ORDER BILL, 2019 Kamran Adil Constitutionality and Justice Sector The justice system of Pakistan is not showing signs of resuscitation as it is neither providing ‘justice’ nor acting as a ‘system’. Many factors have contributed to this state of affairs. The very orientation of the ‘system’ needs to be ... Read More »

How compatible are democracy and capitalism?

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How compatible are democracy and capitalism? Economic stress and demographic change are weakening a symbiotic relationship Of late, the world’s older democracies have begun to look more vulnerable than venerable. America seems destined for a constitutional showdown between the executive and the legislature. Brexit has mired Britain in a constitutional morass of its own. Such troubles could be mistaken for ... Read More »

Budget Brief 2019-20

Budget. Word on strings. Conceptual 3d image

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 1979, ... Read More »

In Conversation With ASAD IQBAL 14th in Punjab, PMS 2017-18

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In Conversation With ASAD IQBAL 14th in Punjab, PMS 2017-18 Jahangir’s World Times (JWT): First of all, please tell us about your educational background? Asad Iqbal (AI): I did my O and A Levels from Beaconhouse Defence Campus, Lahore. Later, I did BSc (Hons) with Economics from Lahore University of Management Sciences (LUMS). JWT: How much helpful did you find Jahangir’s ... Read More »

Why Technocracy is the Only Way Out?

Conceptual financial position represented with colored play pieces and coins.

Why Technocracy is the Only Way Out? Amjed Jaaved With change of guards at the SBP, and with removal of a bureaucrat from the post of FBR Chairman, and appointment of a technocrat to take his place, a surreptitious technocratic coup d’état seems to be underway in Pakistan. This development also suggests that the current setup of the country is ... Read More »

Tourism Potential in Pakistan It’s time to unlock!

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Tourism Potential in Pakistan It’s time to unlock! Aftab H. Wahla Tourism plays a critical role in projecting soft image of a country, generating employment opportunities, spurring economic growth and earning foreign exchange for collective welfare of the society, country and the region. As per a World Economic Forum report, published in 2017, tourism is contributing over 10 percent of ... 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 »