The petroleum levy burden
The Pakistani government’s decision to raise the petroleum levy to Rs80 per litre – via amendments to the Petroleum Products (Petroleum Levy) Ordinance, 1961 – has dashed public expectations of…
Turkiye-Pakistan energy ties
For years on end, Turkiye and Pakistan have enjoyed the agency of brotherly relations. Not only have we been historically bound, but we have also streamed rivers into seas with…
Can Pakistan live beyond bailouts?
Pakistan’s reliance on the International Monetary Fund (IMF) has become a recurring necessity, with the country seeking a bailout from the global lender of last resort every three years. Currently…
Tariffs, trade and Pakistan
Less than two weeks into his second term, US President Donald Trump followed through on his promise to use tariffs as an instrument of American economic policy. On February 1,…
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,…
Pakistan’s energy revolution: 35% gas reserve for private firms
Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize its gas exploration and production sector, thanks to the strategic efforts of the Special…
Social protection in Pakistan
In Pakistan poverty levels have reached a high of 40 percent, equivalent to those in Sub Sahara Africa, and hence there is a compelling need for domestic and international stakeholders…
‘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…
Pakistan’s intractable budget deficit?
Pakistan’s unsustainable budget deficits can be sourced to the never to be satisfied thirst of all administrations, past and present - civilian, military, hybrid, caretaker - to borrow to fund…
Pakistan’s Aramco deal
Pakistan’s economy is on an upward trajectory, capturing the attention of the global community. This positive momentum can be credited to the successful military diplomacy led by army chief General…
