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Byline: KHALIL AHMED With a distinguished career exceeding three decades, Mohammad Iqbal Ghori has made significant contributions both to the public and private sectors of Pakistan, marking the commencement of [...]

Byline: KHALIL AHMED Mr Zia Ul Mustafa Awan is a Chartered Management Accountant from ICMA Pakistan with more than 25 years of experience in corporate and public sector in leading [...]

Byline: SHABBIR KAZMIJUNE The FY25 Budget proposals are the initial steps to broaden the tax base in Pakistan (tax to GDP is still a paltry 9%). It raises taxes on [...]

Byline: AYAZ ALI KOLACHI The budget speech delivered by the Federal Minister for Finance and Revenue, Muhammad Aurangzeb, was received with cautious optimism and a perennial sense of pessimism among [...]

Byline: UROOJ AIJAZ A budget is the backbone of a country's economic management, providing a comprehensive framework for allocating resources, prioritizing expenditures, and generating revenues. By establishing clear financial goals [...]

The UK Spring Budget 2024, delivered by Chancellor Nigel Huddleston, marks a significant moment in the nation's fiscal framework. Set against a backdrop of recent economic challenges, including the COVID-19 [...]

Byline: SHABBIR KAZMI The recent statements of Finance Minister, Senator Ishaq Dar applies to two things that completely negate each other that what is valid or what is true, he [...]

Rishi Sunak longs, but does not deserve, to be known as a tax-cutting chancellor W ITH BRITISH households facing a cost-of-living crunch, the 'spring statement' on March 23rd, an occasion [...]

AN AWFUL LOT has changed since Rishi Sunak, the chancellor, unveiled his budget in March. Britain's economy looks set to experience an unprecedentedly rapid and deep recession. What is more, [...]

ON MARCH 11TH policymakers took decisive action to inoculate the economy from the effects of covid-19. The Bank of England eased monetary policy. And Rishi Sunak, the chancellor, unveiled the [...]

Saudi Arabia has announced that it will increase its fuel prices in line with other GCC countries amid an extended dip in oil revenues. The kingdom will increase the price [...]

The Gulf Cooperation Council countries may eventually be forced to implement income and other taxes to balance their budgets in the future, according to an IMF official. The IMF's deputy [...]

If public assets were managed better, government coffers would enjoy a much-needed boost PROPONENTS OF sovereign-wealth funds like to say that returns from publicly owned assets could in theory displace [...]

With four years of a brutal economy behind them and a rising tide of revenues, you might think state lawmakers would be breathing a sigh of relief as they work [...]

HERE'S AN appalling snapshot: During fiscal year 2010, which ended on September 30, the government spent around $3.6 trillion, or 25 percent of gross domestic product (GDP), while collecting $2.1 [...]

The Kingdom's budget this year, which calls for public expenditure of $127bn, is a sign of how determined Saudi Arabia's officials are to combat both global economic recession and slower [...]

Byline: Shankar Kumar The Rs 8 trillion Sagarmala project comes with huge promise. But are we prepared for the social and economic costs? In the sultry May of 2015, union [...]

AS SEEN in the recent government shutdown and the showdown over the debt limit--the latest in a long series of such crises in Washington--the Federal budget stands at the heart [...]

The House of Commons Standing Committee on Government Operations and Estimates has a mandate, amongst other matters, to review and report on the process for considering the estimates and supply. [...]

Over the past 10 years, many governments have turned to budgeting for outcomes (BFO) as a way of closing large budget deficits and creating sustainable budgets that position the government [...]