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Petroleum price conundrum

A visibly agitated Finance Minister Miftah Ismail gave one press conference, addressed the All Parties Economic Recovery Conference and was a guest in at least five talk shows on Tuesday…

Petroleum prices: an analysis

From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre. However, diesel’s price been increased by Rs 8.95/litre with the new price…

Unconstitutional levy

The PTI government on June 26, 2020 to the utter surprise and dismay of all increased the prices of all petroleum products substantially; it is usually done on the first…

Unjust Fixation Of Petroleum Prices

Unjust fixation of petroleum prices

On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the…

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…

Design flaws in IMF programme

The International Monetary Fund (IMF) programmes are regarded as well designed by other multilaterals (with routine consultation amongst themselves on not only synchronizing their policies but also ensuring that there…

‘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…

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…

Mixed economic trends

The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was earlier some evidence that the world economy was on the recovery path,…

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…