GIDC: controversy and solution
Perhaps the government underestimated the potential of the controversy the GIDC carried. While the government withdrew the GIDC ordinance within days of its promulgation, the hurried manner in which it…
A directionless budget
The budget is built on expectations and assumptions (prayers) of global commodities to move out of the super cycle in the next few months. The government built the budgetary framework…
Early signs of recovery
Many economists and analysts have claimed gloom and doom in the aftermath of Covid-19 and exchange rate rates adjustments. The policy of targeted subsidies over blanket is reaping fruits, and…
Emerging risks
The prospects for the economy of Pakistan are shrouded by growing uncertainty and risk factors, due to developments both on the external and domestic fronts. The pre-dominant concern currently is…
The MPC projections
The last meeting of the Monetary Policy Committee (MPC) of the SBP was held on the 14th of December 2021, after the meeting on the 17th of November 2021. Combined,…
Inflated electricity bills
For a good 68 percent of the population that has access to electricity in Pakistan, the monthly electricity bill has been full of surprises. They find it difficult to comprehend…
North-South pipeline: some proposals
A new gas transmission pipeline to transmit imported RLNG from Port Qasim to Lahore is under active discussion; it is even implementation for the last six months. The project was…
A stronger trade policy
The first four months of 2017-18 have witnessed a further deterioration in the balance of payments position. The trade deficit has risen by 41 percent to $ 9.7 billion. Exports…
A new window of opportunity?
Pakistan's exports in fiscal year 2012-13 were $24.5 billion, including $12.8 billion textile exports. However, exports saw a drastic decline in fiscal year 2015-16 after coming down to $20.8 billion,…
The crash and its consequences
International oil prices (Brent crude) have come down to 36.79 USD/bbl (Monday, March 9). By the time, readers read these lines, Brent crude may go down further. At its highest…
