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Hold on tight

AS one with vivid memories of Pakistan of the 1960s, one is nervous about today’s Pakistan. While ‘development and progress’ have been our leaders’ buzzwords, their definition and implementation have…

Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent. Pakistan faces a situation akin to the “boiling frog” metaphor, where the gradual increase in energy tariffs…

Govt’s quest for FDI: the way forward

Foreign direct investment (FDI) has been crucial in supporting developing economies to participate in global trade by facilitating the flow of capital, talents, and knowledge. The flow of foreign capital…

Circular debt once again in focus

Circular debt in the energy sector is a mystery which no government could so far unfold. Over the last two decades it has rolled over from one government to the…

Our energy future: party manifestos

In the democratic landscape, party manifestos serve as compasses guiding voters through the intricate web of promises and policy directions. This article delves into the multifaceted significance of party manifestos…

Reko Diq

In the early 1990s, Pakistan’s biggest gold and copper reserve was discovered at Reko Diq in Chaghai District of Balochistan. Two international world-class mining companies - Barrick Gold Company and…

No more business as usual—II

Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution. Structural changes need to be made to existing layers of governance of local governments,…

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy supplies for decades. According to the Energy Year Book for 2022, Pakistan’s…

This crisis is a moment: Part – IV

The federation needs to ensure policy continuity, transparent bidding, honouring of agreements and contracts, obligations being timely honoured and regulator interfering only when self-monitoring fails. For now, shifting peak demand…

This crisis is a moment; Part – III

The current business-as-usual model continues to delay deregulation by repeated extensions, issuance of new/amended refinery policies. It will one day improve competitiveness, reduce demurrages and build our strategic and commercial…