Fertilizer: a subsidy for dealers?
For a very long time, the government has been supplying gas at a subsidized rate to fertilizer companies (mainly to urea manufacturing plants where natural gas is the chief raw…
Fertilizer industry of Pakistan
he fertilizer industry of Pakistan has enormous potential and is well on its way to becoming one of the biggest fertilizer exporters in the region in the coming years. Factors…
Restore macroeconomic stability to revive private sector credit
Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced in large part public sector projects and CPEC (China Pakistan Economic Corridor). This has…
Budget: an analysis
Flanked by the Deputy Prime Minister, Muhammad Ishaq Dar, once hailed as the PM-N’s (Pakistan Muslim League-Nawaz’s) strategic brain, and Defense Minister Khawaja Muhammad Asif, the finance minister delivered his…
Balancing policies for private sector growth
In the medium term, addressing Pakistan’s balance of payment problem requires a policy framework centered on facilitating private sector investment, both domestic and international. A stable political and economic environment…
Gas tariffs and reforms—II
However, some increase in small and medium category tariff will have to be, willy-nilly, done to cover the costs. In Bangladesh, minimum monthly charge is PkRs 1380-1500 per MMBtu for…
New gas tariff and circular debt
Finally, much-awaited new gas tariff has been announced by government under negotiations with the International Monetary Fund (IMF). The increase is up to 12-112% in various gas tariff slabs. Earlier,…
The LSM sector
The Khan administration has taken several fiscal and monetary measures during its less than eight month tenure, at an estimated cost of over 150 billion rupees to the treasury as…
PTI’s second innings: overcast conditions?
Prime minister Imran Khan has started the second innings of his 5-year term with a new zest. A clear message has been sent to the new economic team in the…
Glasgow agreement and Pakistan—II
Major energy source remains to be Thar coal. Thar coal can be liquefied to produce gas (SNG). It is a tried and tested technology. There are more than 125 coal…
