Category: Policy
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The 18th Amendment and Pakistan’s Fiscal Federalism: Why the Centre and Provinces Are Both Broke Fifteen years after the 7th NFC Award transferred 57.5% of federal tax revenues to the provinces, the federal government cannot meet its obligations and the provinces cannot fund their own development. The amendment that was supposed to resolve Pakistan’s fiscal…
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Pakistan’s Agriculture Policy Failure: The Country That Went From Food Exporter to Food Importer A sector that employs 38% of Pakistan’s workforce, contributes roughly 24% of GDP, and irrigates its fields from one of the world’s largest canal systems has been a net food importer for over a decade. The cause is not geography. It…
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The IMF’s Structural Benchmarks for Pakistan: What Islamabad Has Agreed to Do — and Whether It Will Understanding the IMF structural benchmarks Pakistan must comply with is key to grasping why this programme matters. Pakistan is now on its 25th IMF programme. The conditions are more detailed than ever. The compliance record tells a different…