INFONALYSIS

KCCI Research offers a holistic view of the economy, and its different facets like taxation, budget, manufacturing sectors, social issues etc. It serves to apprise its readers with insightful analyses, in-depth information and statistics of several areas like trade, manufacturing (leather, textile, food and plastics etc.), services (franchising, SMEs), energy, financial sector (IMF, debt profiling), transport and infrastructure development (CPEC), bilateral relations (with China, Turkey etc.) and commodities.

EODB 2020 – Need for Maintaining an Upward Trajectory

EODB 2020-Need for Maintaining an Upward Trajectory

Published in: February 2020

In this report, we have attempted to shed some light on the status of Ease of Doing Business in Pakistan as studied by the World Bank (WB) in its yearly publication. The improvement in business reforms brought throughout FY19 was recognized by the World Bank (WB) in its Ease of Doing Business report 2020. After climbing 11 places in the 2019 version of the report, Pakistan jumped further 28 places to now be ranked at 108th in a list of 190 economies. Subsequently, the WB has also included Pakistan in its list of most improving economies of 2020. After carefully studying the WB’s model, we have worked out that by improving the overall business environment in the country, Pakistan can establish itself as a top performer in the rankings. In fact, given the present state of business reforms, aiming for a target range of between 84th – 22nd is fairly achievable; provided that relevant reforms are introduced and are made sure to be effective once in place.

Sindh Budget 2019-20- The Story Continues

SINDH BUDGET 2019-20- THE STORY CONTINUES 

Published in: June 2019

The Sindh assembly has adopted a zero deficit budget PKR 1.22Tn deficit-free budget for 2019-20. The budget has been developed on a tight-pocketed theme. First priority in terms of budgetary allocations has been given to education followed by health and law and order. SRB has been given a challenging target of PKR 145Bn for the year. Many services sectors that were hitherto out of the tax net (including ride hailing services) have brought into it while rates of CVT applicable on immovable properties has been increased. Unfortunately, the budget has again ignored infrastructural development in Karachi as only a small number of development projects have been announced.

KCCI Post Budget Analysis – A Stranglehold on the Economy

KCCI POST BUDGET ANALYSIS - A STRANGLEHOLD ON THE ECONOMY 

Published in: June 2019

Budget FY19-20 has been, as expected, an IMF budget. It has been developed on a documentation and revenue generation theme, with total disregard to how it would affect the common man, and how it would wreak havoc with the industries and businesses across the country and across different sectors. In the first 8 months of its rule, the govt. had been making intent discussions with all industry stakeholders for making improvements in ease of doing business and removing tax anomalies affecting businesses. Now it appears that all good work done earlier had been put on the back burner and the only thing of importance is what IMF had to say.

KCCI Pre-Budget Report 2019-20 An IMF Budget in the Making

KCCI PRE-BUDGET REPORT 2019-20 AN IMF BUDGET IN THE MAKING 

Published in: June 2019

Federal Budget FY20 is due to be announced on June 11, 2019 and is likely to revolve around incessant increase in tax collection, removal of tax exemptions broadening of tax base, improvement in tax infrastructure, removal of anomalies, debt repayments, and implementation of measures to resolve long lingering problems like energy shortages. The forthcoming budget is expected to substantially stifle national GDP growth, suppress most form of development activity, hamper agricultural sector and unleash an unbearable wave of inflation across all income levels. The budget appears to have all the hallmarks of a typical IMF budget, In other words, budget FY20 is undisputedly an “IMF budget”.