The FBR initiative to tax the online marketplace looks like a ploy to literally kill Pakistan’s nascent eCommerce sector. What about PM Khan’s Digital Pakistan?
Economy
Animal sacrifice plummeted last Eid ul Azha but soared this year. Why?
Market capitalization of Bitcoin has also edged up by more than $127 billion in just few days. On July 28, 2021, Bitcoin market cap was at $747 billion till the filing of this report as against around $620 billion market cap before fresh spike in Bitcoin.
The inception of Pakstream Gas Pipeline Project comes over half a century after Moscow helped Islamabad build Pakistan Steel Mills.
Remittances play an important part in Pakistan’s economy that continues to battle widening trade and current account deficits.
With internal and external account balances in the red again, the rupee is under fresh pressure.
IMF, WB step up pressure on government for hike in power tariff.
World Bank links its $1 billion credit loan for energy projects with an increase in power tariff from January 1, next year.
World Bank mission told that PM very sensitive to this issue and is the final authority to make a decision on it, says senior energy ministry official.
The neo-liberal economic order as enshrined in the Washington Consensus and implemented vigorously by the IMF has never worked in the past and will not work in the future as well.