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This is a budget for the rich

The major issue with the federal government’s recently announced budget is its failure to convince anyone outside the government’s core supporters that it can achieve its intended results. Another significant…

Thoughts on the provincial budgets

Khyber Pakhtunkhwa (KPK) budget was announced on 25 May, two and a half weeks before the federal budget was announced on 12 June, the Punjab budget was announced a day…

Outlook for 2024-25

The last week’s article on outlook for 2024-25 by this writer in Business Recorder had focused on the projections for the year of the GDP growth rate, level of investment…

Provincial budgets for FY2024-25

The provincial budgets for 2024-25 have all been presented last month in the respective Provincial Assemblies. However, they have not received much attention in the media because of the exclusive…

Smoke and mirrors

Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy cost compared to the past. However, the total power purchase price…

Moving beyond the IMF

Prime Minister Shehbaz Sharif seems to have a dogged determination to get rid of external loans and the programmes of the International Monetary Fund. The prime minister doesn’t want the…

Economic policy, federal budget and role of opposition

‘…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary democracies, since government and parliamentary majorities often coincide, the opposition is expected to function as…

Consumer end tariff design and National Electricity Plan 2023

Utilities consider investments in generation, transmission, and distribution infrastructure as fixed costs because these investments are not influenced by individual customer energy consumption. Traditionally, these costs are covered by variable…

Data in the digital age

From the moment an individual wakes up in the morning to the time s/he sets the alarm for the following day -- and even while sleeping – his/her life is…

A nation adrift

Budget 2024-25 plans an increase of Rs5,563 billion or 45.4 per cent in the total revenues, representing the highest-ever increase in the overall burden of taxes and levies on the…