Restructuring electricity tariffs
The power value chain is a labyrinth, where an intervention at one end can result in a mix of intended and unintended consequences at the other. Electricity tariffs at the…
Planning educational emergency
‘What the best and wisest parents wants for his own child, that must the community want for all of its children. Any other ideal for our schools is narrow and…
Full reserve banking: Part – III
Instead of keeping cash, depositors prefer to continue storing their money in banks despite nominal associated fees, if any. This trend has been evident over the last 20-30 years in…
Wheat: the solution
There is a clear, lasting, and simple solution to Pakistan’s Rs300 billion recurring wheat powder keg. The Intelligence Bureau (IB) has no solution. Seventy-six years of paralysis, a living testament.…
Full reserve banking: Part – I
Pakistan’s significant debt servicing problem can be resolved through full reserve banking, eliminating high inflation, huge government domestic government debt, and interest costs. Full reserve banking represents a transformative shift…
Redemption of the power sector
A host of sectoral lacunas prevailing in the energy sector have yet to be tackled leave alone overcome and the question that is being asked by the public is whether…
The future of the dollar
The prolonged Russia-Ukraine conflict and the Middle East crisis have resulted in a radical shift in the global landscape, one that is resonating across economic, geopolitical, and cultural realms. Among…
Political stability critical to attaining sustainable external account stability
The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing payments. This indicates that the SBP has been actively purchasing dollars from the…
SOEs: performance & accountability
The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned Enterprises’, highlights a significant improvement in our economy, attributed mainly to enhanced and better management strategies,…
In sickness and in debt: right to health
Muhammad Boota, a domestic worker in Lahore, requires an insulin injection every 10 days to help manage his diabetes. But just one of these injections costs about one-third of his…
