economic shock

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    Tax Evasion in Tobacco Sector Impacts Pakistan's Finances

    New Delhi, April 7 – Large-scale tax evasion in Pakistan's tobacco sector, resulting in estimated annual losses of over Rs 300 billion, has emerged as a major concern amid the country's worsening fiscal stress, according to a local media report.The report by The Express Tribune highlighted...
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    Regional Resilience: ASEAN Addresses Global Challenges

    March 13, New Delhi – Philippine Trade Secretary Cristina Roque highlighted on Friday that the conflict in West Asia demonstrates the deep interconnectedness of the global economy, with geopolitical tensions causing immediate economic shocks.Speaking at an ASEAN economic ministers' meeting in...
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