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Illegal Trade Will Derail Pakistan’s Trillion-Dollar Economic Ambition

A Year That Exposed the Scale of the ProblemDuring FY2025–26, Pakistan’s illegal trade problem became harder to dismiss as a collection of isolated smuggling...

Pakistan Needs Permanent Enforcement Against Illegal Trade

Pakistan’s fight against illegal trade should not be treated as a temporary campaign, a revenue stunt, or a seasonal administrative drive. It should become...

Pakistan’s Smallest Businesses Carry The Heaviest Burden

Pakistan’s micro businesses are easy to overlook because most do not appear in corporate surveys, stock-market reports, or investment announcements. Yet they are everywhere:...

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...

Illegal Trade in Petroleum, Real Estate, And Tobacco Requires Sustained Enforcement

Islamabad - Mubashir Akram, Country Director, ACT Alliance Pakistan, has called for stronger, sustained, and better-resourced enforcement against Pakistan’s illegal economy, saying that illegal...

FDI Follows Compliance: How Illegal Markets In Tobacco, Tea, And Consumer Goods Damage Pakistan’s Investment Case

Pakistan’s ability to attract sustained foreign direct investment depends less on headline incentives and more on whether investors believe the rules will be applied...

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...

Pakistan’s Shadow Tobacco Economy: The Rs. 400 Billion Tax Gap That Keeps Growing

Pakistan’s tobacco sector has become one of the most frequently cited examples of a shadow economy that has grown large enough to distort fiscal...

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