Pakistan’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 MoreBudgeting for a Sustainable Future
Climate change presents one of the most significant challenges to modern economies, requiring governments worldwide to rethink their fiscal policies…
Read MoreHow Inflation Shapes Government Spending and Public Financial Management
Inflation plays a crucial role in shaping government spending and overall public financial management. As inflation rises, the cost of…
Read MoreSovereign Wealth Funds: How Nations Are Managing Excess Revenues
Sovereign Wealth Funds (SWFs) are state-owned investment funds that countries use to manage surplus revenues, primarily derived from natural resource…
Read MorePublic Investment vs. Austerity: A Post-COVID Fiscal Dilemma
The COVID-19 pandemic created an unprecedented economic crisis, prompting governments worldwide to adopt stimulus measures to sustain businesses, support households,…
Read MoreTax Evasion and Tax Reforms: A Global Analysis
Tax evasion remains a significant challenge for governments worldwide, depriving economies of vital revenues needed for public services. Countries like…
Read MoreThe Rising Debt Burden in Developing Nations and Paths to Recovery
Developing nations across the globe are facing an escalating debt crisis, which threatens economic stability, social progress, and long-term financial…
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