Tag Archives: Policy

  The introduction of the new National Aviation Policy is timely considering the fact that Pakistan has a negative growth of its aviation industry. In contrast to other countries in the region, aviation sector’s contribution in Pakistan was below 0.01 percent. Countries like India, Malaysia, Philippines and Thailand aviation sector’s contribution ranged between 1.5 percent and 9.0 percent while only 8 percent of the 180 million population of Pakistan have …

  The policy makers have once again realized the important of home, which is one of the basic needs of every individual in a civilized society as every one desire to have a decent place that is ones’ own house. However is painful to see that this genuine need remains a dream for millions of the people primarily due to economic disparity and unjust distribution of resources that has rendered …

  Monetary policy review reduces policy rate by 100bps A dramatic cut of 100bps in policy rate for the banking industry bringing the interest discount rate from 8 percent to 7 percent indicates the firm resolve of the government to give a jump start to the economy and also an effort to become the first in financial history by reducing the rate to a historic low in Pakistan. The trade …

  A recent study by John Merrifield and Barry W. Poulson measured the effects of fiscal policy variations in case of three US states: California, Montana and Utah. The study concludes: ‘A measure issue in the debate over tax policy is the supply-side impact of income tax rate cuts. Using the Poulson and Kaplan (2008) estimates of the negative relationship between marginal tax rates and state economic growth, we show …

  Policy frameworks provided in a draft Vision 2025 for Pakistan have objectives at substantial growth in access to education as well as making important developments in quality of education in the country. Pakistan ranks 113th out of 120 states in the UNESCO‘s all education development index. There is still a high dropout rate at the primary, secondary and tertiary stage in the country whereas a yearly expenditure is very …

  The introduction of the new national aviation policy is timely considering the fact that Pakistan has a negative growth of its aviation industry. In contrast to other countries in the region, aviation sector’s contribution in Pakistan was below 0.01 percent. Countries like India, Malaysia, Philippines and Thailand aviation sector’s contribution ranged between 1.5 percent and 9.0 percent. Only 8 percent of the 180 million Pakistani populations have using air …

  The monetary policy has been misused to a large extent. There was exploitation of the depositors’ money by the rich and powerful class in the absence of an effective central bank. The government enacted laws to give autonomy to the SBP in conducting an independent monetary policy in coordination with, rather than in subordination to fiscal policy, and to make the SBP the exclusive regulatory authority over the banking …

  Over the passage of time, the pharmaceutical industry has developed a strong base in Pakistan and has the capacity to add value to our export earnings considerably, however, friendly policies are essentially needed to achieve that goal besides enabling the industry to run on its capacity, which is unfortunately not being properly utilized due to various reasons. To enhance export of pharmaceutical products, most of the companies needed international …

  All income irrespective of source should be taxed Pakistan Business Council (PBC) views tax policy as a primary tool for the promotion of industrialization, economic growth and for more equitable distribution of the tax burden. PBC strongly advocates that taxation needs to be based on the principle of “All income irrespective of source should be taxed.” The fiscal space that the government is looking for to implement its ambitious …

  In the global context, efficient logistics industry is a backbone of any economy and plays a strategic role in the overall economy of a country. Logistic industry eliminates wastages and makes the entire supply chain process efficient for the availability of the right product at the right time at economical cost. Key players in the sector such as the port and airport operators, the cargo handling company, freight forwarders, …