
Articles
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5 days ago |
dawn.com | Mohiuddin Aazim
Pakistan’s external economy is walking a tightrope. Despite temporary relief from a surge in remittances and renewed International Monetary Fund (IMF) support, the structural vulnerabilities of the country’s external sector have only deepened. Mounting debt, low reserves, record-high profit repatriation, and geopolitical aftershocks are coalescing into a volatile mix as fiscal year 2024-25 draws to a close.
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1 week ago |
dawn.com | Mohiuddin Aazim
In the national budget for fiscal year 2025-26, real estate and construction have got some incentives, and key agricultural inputs, including fertilisers and pesticides, have been kept untaxed.
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2 weeks ago |
dawn.com | Mohiuddin Aazim
Preparing a national budget amid soaring debt and shrinking fiscal space is no easy feat. The challenge becomes even more formidable when budget-makers must simultaneously allocate greater resources for national defence and security while poverty remains widespread and unemployment entrenched.
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3 weeks ago |
dawn.com | Mohiuddin Aazim
Pakistan enters the FY26 budget season at a critical crossroads — grappling with persistent vulnerabilities, yet infused with a renewed sense of resolve. The brief but consequential May 7–10 conflict with India has left a lasting imprint — not only on resource allocation but also on national sentiment. This moment, though born out of adversity, presents a unique opportunity for economic realignment. The FY25 economic performance presents a mixed picture.
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1 month ago |
dawn.com | Mohiuddin Aazim
As the budget nears amidst India’s continued abeyance regarding water-sharing under the Indus Water Treaty, it seems evident that Pakistan must remain on guard lest the present somewhat calm environment worsen again. Maintaining military readiness against external threats while countering foreign-sponsored terrorism requires substantial economic resources.
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