Tag Archives: economic stability

The Necessity of Taxes for Economic Stability Finance Minister Muhammad Aurangzeb recently emphasized a critical point: “The country cannot be run through charity; everyone must pay taxes.” This statement highlights a fundamental truth about economic management and national development. Taxes are essential for funding government functions and ensuring economic stability. Current Economic Performance According to the Finance Minister, the country’s …

The Pakistani rupee maintained its positive momentum against the US dollar in the open market, narrowing the gap with the inter-bank rate. This convergence is considered a significant benchmark of the International Monetary Fund’s (IMF) Stand-By Arrangement (SBA). According to reports from currency dealers, the rupee was being quoted at 305 for selling and 302 for buying in the open …

The persistent and damaging debt problems affecting a number of developing nations will be a central topic during the upcoming G20 summit in Delhi. These countries are grappling with mounting debt, posing significant challenges to their economic stability. Let’s take a closer look at some of the nations currently facing debt-related issues. Pakistan: Pakistan requires over $22 billion to service …

Introduction: In a bold and visionary move, the administration of President Kennedy has unveiled a plan to reimagine the U.S. financial system by embracing the concept of a hard currency standard, with Bitcoin playing a central role. This potential policy envisions a future where the U.S. dollar’s eroding position as the world reserve currency is reinforced by the absolute scarcity …