Structural reforms in IMF programme
The Staff Report on the new 37-month Extended Fund Facility by the IMF of $7 billion contains a number of structural benchmarks, along with their rationale and the date by…
Salvation lies in structural reforms
Pakistan’s persistent economic failures, amongst other factors, are the result of constant disregard of the Constitution by the powerful elites, who are not ready to give up unprecedented benefits, enjoyed…
Structural reforms
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the…
Pursuing power sector transformation through structural reforms
As anticipated, implementation of key structural reforms in local power sector was one of the core recommendations made by the International Monetary Fund (IMF) during Article IV consultations with Finance…
Structural reforms
As the general elections of 2018 draw closer, there has been much talk on how they can be made more inclusive and acceptable to all political players – the mother…
Capital inflows and structural reforms
A couple of years back, the World Bank Group hailed Pakistan in its annual report — Doing Business in 2006 — as “the top reformer in the (South Asian) region…
Energy sector reforms: Earnest intentions for structural changes necessary – V
Expanding the thought process 1. Proven integrated model of K-Electric needs to be replicated in other power DISCOs and also in GAS DISCOs instead of repeating unsuccessful concept of privatizing…
Railways not on the reforms track
At the World Economic Forum, the Prime Minister of Pakistan expressed deep concerns over the country’s deteriorating energy landscape, lamenting that the power sector had turned Pakistan into a “begging…
Why civil service reforms keep stalling?
Singapore has secured the top spot in the 2024 Blavatnik Index of Public Administration, followed by Norway, while Canada and Denmark share third place and Finland ranks fifth. These countries…
Pakistan in dire need of reforms
The economic situation in Pakistan remains complex, with fluctuating growth rates, high prices of commodities, and economic disparities shaping the financial framework. The persistent fiscal deficit, compounded by heavy reliance…
