Three Sectors, Trillions At Risk: The Case For Permanent Enforcement

Pakistan’s illegal economy is not a collection of isolated market violations. It is a system that rewards tax evasion, weakens lawful businesses, diverts capital into cash-based networks, and reduces the state’s capacity to finance development.The Pakistan Business Council estimated in 2023 that smuggling, under-invoicing, misdeclaration, counterfeiting, and adulteration together amount to about US$68 billion a year, roughly 20 percent of the formal economy, with...

Smuggled Electronics: A Silent Drain On Pakistan’s Economy

Pakistan’s electronics market has long been split between formal and grey channels, with smuggled goods occupying a significant share of retail shelves. Mobile phones,...

Three Sectors, Trillions At Risk: The Case For Permanent Enforcement

Pakistan’s illegal economy is not a collection of isolated market violations. It is a system that rewards tax evasion, weakens lawful businesses, diverts capital into cash-based networks, and reduces the state’s...
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Illegal Cigarette Trade, Tax Losses, And Investor Confidence In Pakistan

Pakistan is working hard to stabilize its economy and attract higher levels of foreign direct investment. At the same time, the state is confronting...

Tobacco Shadow Economy Requires Permanent Enforcement Model: ACT Alliance

Islamabad - Speaking at a session hosted by a private university in Islamabad, Mubashir Akram, Country Director, ACT Alliance Pakistan, said that illegal trade...