Local governments play a crucial role in public finance and economic development by managing fiscal resources, implementing policies, and fostering…
Read MoreTransparency & Accountability in Public Finance: Lessons from Open Budget Initiatives
Ensuring transparency and accountability in public finance is critical for fostering economic stability, trust in governance, and efficient resource allocation.…
Read MoreCan Khyber Pakhtunkhwa Overcome Its Growing Pension Liability Challenge?
Can Khyber Pakhtunkhwa Overcome Its Growing Pension Liability Challenge? Khyber Pakhtunkhwa (KP), like many regions, faces significant challenges related to…
Read MoreComparative Analysis of Public Financial Management (PFM) Acts in Pakistan
Public Financial Management (PFM) is a critical function in governance, ensuring the effective allocation, management, and oversight of public resources.…
Read MoreProvincial Finance Commissions: The Missing Link in Fiscal Decentralization
IntroductionUnder the 18th Constitutional Amendment, provinces were granted greater financial autonomy, but the effectiveness of Provincial Finance Commissions (PFCs) remains…
Read MorePublic Debt Management: Walking a Tightrope Between Growth and Crisis
Pakistan’s Debt ProfilePakistan’s total public debt has crossed PKR 65 trillion (USD 225 billion) as of December 2023, reflecting a…
Read MoreSBP Reduces Policy Rate to 12% Amid Declining Inflation
On January 27, 2025, the State Bank of Pakistan (SBP) announced a 100 basis points reduction in its policy rate,…
Read MoreUnlocking Pakistan’s Revenue Potential
Pakistan’s Taxation ProblemPakistan has a narrow tax base, with only 3.5 million active taxpayers in a population of 240 million.…
Read MoreWorld Bank’s $20 Billion Commitment: A Pathway to Pakistan’s Sustainable Development
In a landmark move, the World Bank has pledged $20 billion to Pakistan over the next decade under the new…
Read MorePakistan’s Fiscal Deficit – A Looming Crisis or Manageable Challenge?
IntroductionPakistan’s fiscal deficit remains one of the most pressing economic challenges, consistently exceeding 6% of GDP over the past decade.…
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