Commercializing Pakistan Railways — I
Pakistan Railways (PR), a State-Owned Enterprise (SOE) under the Ministry of Railways (MoR), which has been working as a natural monopoly has not been able to pay adequate attention to…
Commercializing Pakistan Railways — II
A ‘line-of-business’ structure is generally adopted by commercial railways to align markets in the rail industry towards achieving utmost customer- both passenger and freight related- satisfaction. Under this structure, while…
A regulatory framework for Pakistan Railways – III
Regulation is basically done through tools called ‘regulatory instruments' where it is essential that proper mandate in this regard is provided in the underlying legislation that establishes the regulator of…
A regulatory framework for Pakistan Railways — I
Pakistan Railways (PR) is a state-owned enterprise (SOE) under the Ministry of Railways (MoR). While up till the 1970s it operated as the main mode of transportation, both in terms…
Political will for reform
The video footage of the police investigation, and the subsequent custodial death of Salahuddin, a mentally challenged person, has emotionally affected many Pakistanis. In the past one year, from the…
Reality of reform
“THE definition of insanity is doing the same thing over and over again but expecting different results.” The prime minister’s taskforce on civil service reforms seems to be an effort…
Economic reforms: Part – XXXIV
Fiscal federalism in Pakistan was conditioned on the pattern of the Government of India Act 1935 as the act was adopted as the country’s interim constitution. A considerable delay and…
Economic reforms: Part – XXXIII
The primary instrument of fiscal federalism is provided in Article 160 of the 1973 constitution. This deals with the National Finance Commission, the body responsible for formulating recommendations with respect…
Economic reforms
At the outset of this series, we had explained that economic reform essentially means bringing the values of economic variables to a well-established notion of ‘natural state’. Ideally, this natural…
Economic reforms
We return to our series on economic reforms. An area that is truly the most intractable problem of fiscal finances is public expenditures. While a great deal of attention is…
