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Fixing energy to fix growth

Pakistan is stuck in a low-growth trap. Consumption makes up almost 100 per cent of GDP, largely financed by imports, while the investment-to-GDP ratio continues to hover around 12 per…

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and inefficiencies, and the government’s social obligations. Power tariffs in Pakistan…

The energy quagmire

When something sounds too good to be true, it usually is. ‘Increase electricity consumption to lower the electricity bills,’ is one in a long line of such mantras. Other top…

Renewable energy: solution to energy crisis

The power sector of Pakistan has remained under severe stress for more than two decades. To fill the gap between supply and demand the government introduced three Power Polices in…

Exports collapsing under power sector burden

The fundamental premise upon which the foundations of modern-day economics stand is that resources are finite and therefore must be allocated to their most productive use. However, our policymakers’ erroneous…

Faltering exports

The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we have now come to a barrier to further growth. While…