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Defence budget – Dr Farrukh Saleem

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Myth number 1: Pakistan’s defence budget takes away a major chunk of the total budgetary resources. Not true. In Budget 2021-22, ‘Defence Services’ has...

Tax promises – Dr Farrukh Saleem

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Three years ago, the PTI Manifesto 2018, ‘The road to naya Pakistan’, made some two-dozen tax-related promises. The word ‘tax’ appears 43 times and...

Keeping receipts? – Dr Farrukh Saleem

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The government of Pakistan raised an estimated Rs1,500 billion to “address the adverse impact of the Covid-19 pandemic.” In March 2020, PM Imran...

Populist politics – Dr Farrukh Saleem

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Populism is the “political science of providing simple answers to complex questions.” Populism is a “thin-centered ideology that considers society to be ultimately...

Political stability- Dr Farrukh Saleem

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Economic growth depends on three things: accumulation of capital, human resources and technological advancement. Capital – including foreign direct investment (FDI) – accumulates...

Confusion – Dr Farrukh Saleem

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There’s no team. There’s no vision. There’s no policy. How can there be any positive outcome for the country? Every project goes through four...

Debt trap – Dr Farrukh Saleem

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Over the past 32 months, the PTI government has spent Rs10 trillion more than the government’s income. That’s the budgetary deficit. The budgetary deficit...

Team failure? – Dr Farrukh Saleem

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Asad Umar blamed the PML-N. Asad Umar lasted eight months. Hafeez Shaikh blamed Asad Umar. Hafeez Shaikh lasted 23 months. Now Shaukat Tareen is...

Real issues – Dr Farrukh Saleem

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Is the PDM the real issue? Is the Senate election the real issue? For the 32 million, largely apolitical Pakistani families neither the PDM...

Implosion: 2025 – Dr Farrukh Saleem

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Interest payments as a percentage of FBR taxes: In 2017, a mere four years ago, Pakistan’s total debt payment amounted to 39 percent...