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Rising energy prices: adverse impact on masses

In Pakistan, 64 percent of total energy demand is met by fossil fuels, while hydropower’s and renewables’ share remained at 27 percent and 9 percent, respectively, in 2022-23. The fossil…

Possible need for price controls

‘The Reagan-era policies also paved the way for China’s rise. As Weber’s scholarly work shows, China’s economic strategy in the 1980s relied on price controls with slow adjustments, similar to…

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any breakthrough for any significant period of time. In…

The tsunami of price hikes

The coalition government led by Prime Minister Shehbaz Sharif is struggling at multiple fronts. Leaving aside the challenges it faces on the political front, I just want to concentrate on…

Crisis of food prices

‘Food prices have surged more than 20% this year, according to the UN Food and Agriculture Organisation. About 345 million people are experiencing acute food insecurity, according to the World Food Programme,…

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…