“There is no such thing as a strategic SOE.” This statement by Finance Minister Aurangzeb is spot on. However, bureaucracy influences the leadership by suggesting numerous SOEs (State-Owned Enterprises) as…
Power regulator Nepra’s recent approval of a Rs 7.1308/unit tariff hike under Fuel Adjustment Charges (FCA) has sent shockwaves across consumer sections in the country. The Feb-23rd hearing on the…
In Thailand, elephants are extensively trained to fulfill various roles. Traditionally, they have been trained to aid in logging operations, maneuvering through forests to haul felled trees. Additionally, elephants serve…
The government has been the biggest borrower from banks over the last decade, making up more than 70 per cent of banking assets. This has effectively crowded out private sector…
The nature of documentation of Pakistan’s economic environment can be classified into three broad segments as under: 1. Transactions undertaken by the documented sector which are also reflected in ‘tax…
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…
The world energy landscape is transitioning from fossil fuels to renewables to address energy and environmental challenges. The 2021 energy crisis triggered by the Russian-Ukraine war has accelerated this transition.…
A momentous milestone is being commemorated this month as Pakistan and China celebrate a remarkable decade of the China-Pakistan Economic Corridor (CPEC) – the flagship project of China’s Belt and…
There are plans to retire 19 power plants of an aggregate capacity of 7339 MW as per IGCEP (Integrated Generation Capacity Expansion Plan) in the period 2021-2031. Due to the…
Three months ago, in a major attempt to generate affordable electricity, the new government unveiled its policy for fast-track development of solar photovoltaics (PV) projects at an investors’ conference with…
