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Time to negotiate IPP contracts

The report on Power Sector by M. Ali and team touched the IPPs where it hurts the most. The reaction of Independent Power Producer Association (IPPA) and a letter by…

Investigate the petroleum losses

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…

Weapons of ‘mass contraction’

The United States has been the global economic leader since early 19th Century but global economic epicenter has shifted to Asia led by China. Today China is the largest economy…

Petroleum And Products: The Economics Behind Taxes

Petroleum and products: The economics behind taxes

It is extremely unfortunate that government after government endorses the seriously flawed tax system in the country irrespective of its commitments when in opposition; and cites higher tax collections as…

Iran Resumes Global Oil Game? – II

Iran resumes global oil game? – II

The addition of more oil from Iran sent a shock through oil markets with US crude benchmark WTI shedding 7.5 percent of its value as concerns of the global glut…

‘It is a tale told by an idiot…’

Data collection and its dissemination is an exercise impacting on politics the world over; however, the capacity of any administration to manipulate data is a function of the system of…

Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects laissez-faire on account of man’s fallibility and moral weakness, one must, for the same…

Charter of economy: a non-starter

The concept of all political parties signing off on a charter of the economy has been consistently raised by the Pakistan Muslim League-Nawaz (PML-N) leadership with the stated objective of…