Fixing energy to fix growth
Pakistan is stuck in a low-growth trap. Consumption makes up almost 100 per cent of GDP, largely financed by imports, while the investment-to-GDP ratio continues to hover around 12 per…
Pakistan is stuck in a low-growth trap. Consumption makes up almost 100 per cent of GDP, largely financed by imports, while the investment-to-GDP ratio continues to hover around 12 per…
Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy landscape is plagued by inefficiencies and distorted consumption pattern. This complex issue is multifaceted…
Karachi is seeing a surging energy demand due to its rapid expansion. Diverse industries and commercial activities serve as major employment hubs and propel the national economy and attract job…
The government recently increased prices – across the board – of gas that is supplied through the country’s distribution network. The increase in prices, although justified and which may bode…
The relentless rise in electricity prices in Pakistan has taken a severe toll on domestic consumers, large-scale manufacturing, traders, and small and medium-sized enterprises (SMEs). The situation has reached a…
Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign exchange reserves. As of April 2023, Pakistan’s total net reserves were US$…
When something sounds too good to be true, it usually is. ‘Increase electricity consumption to lower the electricity bills,’ is one in a long line of such mantras. Other top…
During the last week of August 2023, people were taken aback when they received their electricity bills. Even those consuming an average of 200 units per month were shocked by the increased amounts on their bills.…
Pakistani citizens are grappling with the alarming reality of their energy expenses. The range is noted to hover between 30% and 40% of their incomes for the recent fiscal year.…
Pakistan has been facing an ongoing Balance of payment crisis, which can primarily be attributed to the substantial import bill incurred for fossil fuels used in power generation. The country…