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Fighting Climate Change in Pakistan

Fighting Climate Change in Pakistan

By: Sarfraz Saroya ‘Plant for Pakistan’ and other possible avenues While Pakistan is facing multifarious challenges like a sagging economy, depleting foreign exchange reserves and a skyrocketing trade deficit, there is another serious problem which will put Imran Khan’s cabinet in real trouble: climate change. When he unveiled his party’s 100-day plan for the country in May 2018, he showed …

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Sustainable Development Goals

Sustainable Development Goals

By: Qurat ul Ain Aman In the Context of Pakistan Being a developing country, Pakistan is grappling with a number of issues at present. These issues are not just limited to the social sector but also include economic and political domains. Strenuous efforts are being put in, both by the government and the private sector, to bring prosperity to the …

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The Aggravating Water Crisis

The Aggravating Water Crisis

By: Asad Hussain Water is the most important element for the survival of living beings; without it life cannot sustain. Unfortunately, Pakistan has been facing severe blows and acute problems owing to the scarcity of water. According to a report by the Washington-based World Resources Institute, Pakistan will be the most water-stressed country in the South Asian region by 2040. …

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Standardizing Sales Tax Regime

Standardizing Sales Tax Regime

An imperative to reducing tax evasion To pay debt servicing charges of $7.479 billion (principal amount of debt $5.186 billion plus interest amount of $2.293 billion) for the fiscal year 2018, the government is in dire need of funds. Therefore, to meet its obligations and to finance budget of Rs 5,103.8 billion during 2018-19, the government will be searching new …

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Industrial Sector in Pakistan

Industrial Sector in Pakistan

Issues and Opportunities Since the dawn of the Industrial Revolution and the invention of assembly line techniques of mass production by Henry Ford, the industry has been playing a critical role in job creation, urbanization and expansion in world trade. In addition to economic significance, the industry has contributed massively to countries’ bilateral and multilateral relationships and has even helped …

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NAYA PAKISTAN AND THE AFGHANISTAN CHALLENGE

NAYA PAKISTAN AND THE AFGHANISTAN CHALLENGE

Among many daunting issues and challenges Prime Minister Imran Khan has inherited from the PML-N government on internal and external fronts, the one related to handling Afghanistan crisis is perhaps the most critical. In his very first telephonic conversation with US Secretary of State, Michael Pompeo, the issue of terrorism and fighting militancy in Afghanistan became a hot topic and …

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Pakistan Russia RELATIONS

Pakistan Russia RELATIONS

By: Andrew Korybko Towards a Strategic Partnership? Russia and Pakistan are well on their way to reaching a strategic partnership in the light of four very high-profile events that have taken place during the recent weeks, and sticking to the roadmap of “Rusi-Pakistani Yaar Yaar” (“Russians and Pakistanis are buddies”) could allow their relations to blossom to the point of …

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Pak-US Relations

Pak-US Relations

Mike Pompeo’s Visit and the Future of Troubled Ties During the past few weeks, there have been a lot of developments – both positive and negative – in bilateral relations of Pakistan and the United States. The latter has been dealing heavy blows to Pakistan; inclusion of Pakistan’s name in the Grey List of the Financial Action Task Force, barring …

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Boosting Pakistan’s Exports

Boosting Pakistan's Exports

By: Ammar Awais The Challenge Ahead In spite of the recent challenges faced by Pakistan’s economy, there is a sense of economic optimism in the country, driven by the $62 billion China-Pakistan Economic Corridor (CPEC). However, certain measures need to be taken to reap maximum benefits out of CPEC projects, one of which is to ensure robust, export-led investment in …

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TAX Evasion and Economic Growth

TAX Evasion and Economic Growth

Finding the correlation Tax evasion is among the biggest problems Pakistan is faced with today. The fiscal deficit of the country has increased from 4.6 percent of GDP in 2015-16 to 6.8 percent in 2017-18. Increase in the fiscal deficit is due, mainly, to excessive expenditures and extremely low tax-to-GDP ratio, which remained within a narrow band of 9.8 percent …

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