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3 policy decisions in the dock

Three news items this week past should be a source of serious concern to the country’s stakeholders: SBP’s decision to purchase USD 8 billion from the open market to shore…

Power sector sitting on ticking time bomb

“The off-grid solar revolution” and “the surplus-grid capacity crisis” constitute a ticking time bomb for Pakistan’s power sector. Pakistan is witnessing a silent but powerful transformation in its energy consumption…

A case for Rano

A BEAR cub ambles along an alpine meadow dotted with blue forget-me-nots. Her mother keeps a watchful eye on her not far behind. The autumn air is crisp and the…

Rethinking energy sector reforms

Recently, eight multilateral development finance institutions, including the Asian Development Bank and International Finance Corporation, wrote to key economic and energy ministers, warning that unilateral renegotiations of renewable energy Independent…

Power sector on the brink

Pakistan’s state-owned power companies are trapped in a cycle of mounting debt, persistent inefficiencies and constant government bailouts, with no signs of relief. The sector faces high operational costs, staggering…

IMF review: challenges, and uncertainties

The IMF review mission is expected to arrive by the end of February to conduct the first semi-annual review of the ongoing programme. While the programme remains largely on track,…

A tale of literary events

Hardly a month passed since the World Cultural Festival enthralled the denizens of Karachi when the Arts Council offered another fairly successful ‘Aalmi Urdu Conference’ coupled with ‘Jashn-e-Karachi’ from December…

Who truly own the IPPs?

The Pakistan power system is ever in the news – unfortunately, always in the negative sense. The power tariffs are backbreaking while the service to the power consumers has plummeted…

The tallest nail

Decades ago, when this scribe was a student of Botany, at the Government College, his ecology professor had noted “they imposed an engineering solution onto a biological/ecological problem”. He was…