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The power sector

Fact 1: Pakistan’s installed electricity generation capacity has gone up from 20,774 MW in 2013 to 33,801 MW in 2018 – an increase of 13,027 MW. This is an increase…

Pakistan – supply and demand of power

Pakistan's power sector is in crisis and if not quickly fixed could bring the whole system down with it. This article presents a view on the important aspect of supply/demand…

Action And Solution

Action and solution

From choosing between approaching and not approaching IMF, the discussion now focuses on the nitty-gritty of Pakistan’s home-grown solution that it will present to the IMF for its forthcoming arrangement.…

Economic Reforms

Economic reforms

We have argued that circular debt (CD), paid (Rs400 billion but requiring inter-DISCO adjustment) and un-paid (Rs400 billion), is posing a threat to the power sector and fiscal finances. Much…

Long Regulatory Rigmarole

Long regulatory rigmarole

Two actions have been taken by the Ministry of Water and Power of late, causing quite some stir among the stakeholders. First, Nepra has been put under direct administrative relationship…

The Power Albatross

The power albatross

In April 2008 as the world oil prices crossed the $140 per bbl mark the oil-based high priced Independent Power Producer (IPP) model came home to roost. The model protected…

Uncompetitive

Uncompetitive

Decades of corruption – plus incompetence – has made Pakistani products noncompetitive in the world market. Our sugar mills now produce the most expensive sugar in the region. Our wheat…

‘Misperceptions Of IMF’: MoF’s Response

‘Misperceptions of IMF’: MoF’s response

Dr Hafeez A Pasha has written an article: "Misperceptions of IMF" published in Business Recorder October 5th 2015. It stated that the executive board of the IMF must be thanked once again…

Budget Buzz

Budget buzz

By most accounts, this year’s budget is promising to be a bit of a non-event, even though some rather extraordinary things are happening in the run-up. The main reason for…