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Environmental sustainability under EU’s GSP+ — II

Pakistan has ratified all conventions related to climate change and ozone depleting substances (ODSs). The global GHG emissions data indicates that Pakistan contributes to around 1% to these emissions (UNEP…

Sustainable livestock

As the 2022 United Nations Climate Change Conference (COP27) proceeds in Egypt, few seem to be acknowledging that the elephant in the room is actually a cow. The livestock sector…

Textile sector: sustainable business practices

One of the most important industrial sectors, the textiles industry contributes significantly to national economies, job creation, and exports in developing nations such as Pakistan. The size of the global…

‘Environmentally sustainable’ bonds

Pakistan faces a significant challenge to finance its large trade deficits and external debt repayments. This is reflected in the sharp drawdown of the SBP (State Bank of Pakistan) foreign…

IMF’s questionable approach to govts

Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, while addressing an event at the Lahore Chamber of Commerce and Industry this week, made some honest disclosures, notably: “We…

Unsustainable BoP

The State Bank of Pakistan (SBP) has just released the numbers on the external balance of payments (BoP) position for 2021-22. The current account deficit for the year has closed…

An unsustainable development model

Far be it from me to add to the reams of newsprint and hours of air time devoted to the federal budget 2022-23 presented by Finance Minister Miftah Ismail in…