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The LSM sector

Large scale manufacturing (LSM) registered negative 0.52 (cumulative) July-January 2024 against negative 2.67 percent in the comparable period the year before though inexplicably LSM grew positively during the pandemic years…

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by the Pakistan Bureau of Statistics. There has been a decline of…

Navigating FDI challenges in power sector

The latest investment setback suffered by the renewable energy sector in Pakistan is the unsuccessful endeavour to attract investors for a 600-megawatt solar power initiative in Muzaffargarh. Despite the provision…

Heavy indebtedness & power sector crisis

In terms of new commitments, the Government of Pakistan signed new agreements, worth USD 7,228 million, during the period under review. These commitments comprised financing agreements signed with foreign commercial…

The power sector woes

Presently, the power sector has become an existential threat for Pakistan. The situation has been further exacerbated by the falling rupee and the ever-strengthening dollar. We have ended-up with spare…

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political context, international spot-market under which Pakistan functioned over the last 4 years and the much…