The plan’s success depends on bold and sustained reforms, backed by political will and institutional capacity
The taxation system requires urgent and comprehensive reforms to address its anomalies
By prioritising inclusive growth, Pakistan can lay the foundation for a resilient economy that safeguards the well-being of its citizens
The ramifications of prevalent instability are not confined to politics but permeate the economy and the society at large
For Pakistan to navigate its current challenges successfully, the focus must be on creating a robust fiscal system
Documentation of the economy is crucial for increasing transparency and accountability in tax collection
The path forward is challenging but the country can navigate its way towards long-term economic prosperity
The cautious approach adopted by the government over the past 18 to 24 months has allowed Pakistan to navigate through a critical phase of its economy
Pakistan’s recent economic performance has promising signs of improvement
Pakistan should prioritise investing in technological innovation and infrastructure development to stimulate economic growth
Pakistan should focus on simplifying regulatory frameworks, boosting public sector efficiency and tackling corruption
Improvements in inflation and interest rates have come at a crucial time
The Centre is unwilling to federalise the tax policy and tax administration
Daunting challenges require a frank appraisal of systems and ruthless reform
The budget is no more than a customary allocation of funds to various sectors
The budget claims to be business- and individual-friendly, but the reality is quite the contrary
Reducing the fiscal deficit is not just a matter of economic policy; it is a necessity to ensure long-term financial stability
FBR’s transition into a semi-autonomous body is essential to its ability to strategise, plan and execute revenue mobilisation
Collaboration between governments, central bank and regulatory authorities is essential for implementing policies to address inflationary challenges
Reducing public debt through prudent fiscal management is essential to enhance economic stability and attract investment