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Financial sector trends

According to a research report prepared by the State Bank, the penetration of bank credit in the country's economy is quite low compared to the regional and emerging economies and…

SDG 16 & financial crimes: challenges

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable, and inclusive institutions at all levels— Sustainable Development Goal 16, United Nations…

Navigating FDI challenges in power sector

The latest investment setback suffered by the renewable energy sector in Pakistan is the unsuccessful endeavour to attract investors for a 600-megawatt solar power initiative in Muzaffargarh. Despite the provision…

What ails public-sector education?

I asked 12 year-old Sultan (pseudonym) to read from his Urdu textbook. He struggled to read a simple sentence (“more sher ki tarha jungle kaa badshah hai”). While he eventually…

Power sector reforms

Russia’s invasion of Ukraine in February 2022 has had a profound effect on global energy markets. Price volatility, supply shortages, security issues, and economic uncertainty have contributed to what the…

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are under great debate. Many people argue that these are unfair and unjust. Take-or-pay…