Pakistan’s Fiscal Crossroads

Pakistan’s Federal Budget for fiscal year 2025-26, coupled with the Finance Act 2025, marks a critical juncture in the nation’s economic and strategic trajectory. This article provides a comprehensive commentary on the budget’s fiscal policy stance, its projected multifaceted impact across key economic sectors, and the substantial allocation towards defense. A particular focus is placed…

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Measured Restraint and Credible Deterrence

An analytical exploration of strategic defense, deterrence theory, and regional stability in South Asia’s enduring conflict. Introduction When two nuclear-armed neighbors come to the brink of war, the world watches with bated breath. The 2025 confrontation between Pakistan and India was no exception ignited by the tragic killing of 26 tourists in Pahalgam, Kashmir, it…

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