Transparency International’s Corruption Perceptions Index (CPI) 2024, released on February 11, 2025, ranked Pakistan 133rd out of 180 countries, with…
Read MorePakistan’s Chart of Accounts (CoA): Strengths, Weaknesses, and Needed Reforms
Introduction The Chart of Accounts (CoA) is a fundamental framework that standardizes financial reporting and classification of transactions in public…
Read MoreStandardizing Government Accounting: How IPSAS Implementation Could Improve Pakistan’s PFM
Introduction International Public Sector Accounting Standards (IPSAS) serve as a globally recognized framework for enhancing transparency, accountability, and financial efficiency…
Read MoreAssessing the Autonomy of the State Bank of Pakistan: Progress and Challenges
The State Bank of Pakistan (SBP), as the nation’s central bank, plays a pivotal role in formulating and implementing monetary…
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 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 MoreFBR’s Plan to Procure 1,010 Vehicles Sparks Debate
The Federal Board of Revenue (FBR) recently proposed acquiring 1,010 vehicles to enhance tax enforcement capabilities. This initiative has ignited…
Read MorePunjab Government’s Proposed Solar Power Scheme: A Lifeline for Marginalized Communities or an Economic Gamble?
The Punjab government recently proposed an ambitious scheme to provide free solar systems to marginalized communities across the province. Under…
Read MoreBalochistan’s Proposed Agriculture Development Budget for 2024-25: A Critical Analysis
The Balochistan government has earmarked Rs. 3.631 billion for the agriculture sector in its proposed development budget for the fiscal…
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