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On the path of stabilization

Pakistan’s economy, long buffeted by structural flaws, cyclical shocks and political instability, is presently showing signs of cautious revival following a period of extraordinary difficulty. The currency has regained marginal…

2024: A scorecard for Pakistan’s E & P sector

The Exploration and Production (E&P) sector is the foundation of Pakistan’s oil and gas value chain, driving the performance of midstream refineries and downstream distribution networks. However, for several years,…

Mining dynamics

PAKISTAN and the Kingdom of Saudi Arabia stand at a pivotal crossroads, with both countries aiming to build their respective mineral economies. One seeks economic revival, while the other aims…

Breaking the status quo

CIVIL servants are the backbone of any state structure. They enforce the rules, provide services, and set governance standards. In Pakistan, commissions have repeatedly been formed to enact civil services…

Trickle-down trouble

There is no mystery why the prime minister showed scant interest in the report to reform our economy by Mr Stefan Dercon – the latest in the long line of…

Hooked on hopium

Though commonly used by stock traders to describe the tendency to keep holding a stock as it plummets in value, the word ‘hopium’, a portmanteau of hope and opium, nicely…

‘Do more’, IMF asks Pakistan

The Pakistan budget 2024-25 appears to have largely satisfied the IMF (International Monetary Fund), prompting it to move on with the 25th IMF programme, to once again bail the country…

PML-N’s volte face

It is great to see the pragmatism shown by Mr Ishaq Dar earlier this month in the matter of state-owned enterprises (SOEs). Taking out – or trying to take out…

Keeping children in school

Prime Minister Shehbaz Sharif’s education emergency declaration is laudable. But declarations are not results. And for millions of poor illiterate people, the emergency means educational opportunities not in the long…

Partner with Riyadh

Ah, what a delight it is to live in the past. Saudi Arabia exports oil worth $240 billion a year. All we want from the Saudis is to give us…