Deregulating oil or price ceiling?
New and higher oil prices have been announced after fixing very low prices on 1st June. June prices were extraordinarily low in the company of 15 lowest price oil producing…
New and higher oil prices have been announced after fixing very low prices on 1st June. June prices were extraordinarily low in the company of 15 lowest price oil producing…
Questions are being raised as to when the 6 billion dollar International Monetary Fund’s (IMF) Extended Fund Facility programme will resume, suspended post-March 2020 to enable the administration to deal…
Pakistan’s power sector seems to be a victim of déjà vu. Last year, the nation was gripped by a fuel shortage which hindered electricity production and saw long queues of…
Special Assistant to the Prime Minister (SAPM) on power and petroleum Tabish Gauhar once again resigned from his post which the Prime Minister this time readily accepted it. Earlier, SAPM on…
Last week, the media was abuzz about SAPM on power and petroleum Tabish Gauhar’s letter that he addressed to his minister Hammad Azhar. The gist of the ‘leaked’ letter and…
Uncertainty is a killer. Whether economic conditions are upbeat or otherwise, investors always seek opportunities. However, if there is confusion in the decision making and the pendulum swings too abruptly,…
The incumbent government, in its third year in office, appears to have concluded that restructuring and turnaround of loss making Public Sector Enterprises (PSEs) is an exercise in futility and…
EVEN when the opposition PDM alliance, in the form we have known it, is collapsing, the question being asked is if the governing PTI really needs enemies given its incredible propensity…
‘The change at the finance ministry’ – this was the title of my last article printed in these pages on April 6. Little did I know at the time that…
The decision of the prime minister to remove SAPM for Petroleum Nadeem Babar and Secretary Petroleum Asad Hayauddin from their posts for losses caused to the exchequer in the petrol…