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
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
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
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
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
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
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
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…
Pakistan power sector agenda: Issues and solutions of T&D sub-sector – I
Pakistan has been faced with power crises and its multiplier effect on the economy for decades. This issue has been reviewed extensively and many options have been debated by experts…
Flawed interpretation
Dar has been particularly insistent in proclaiming that his skills on the negotiating table with particular reference to the International Monetary Fund (IMF) got Pakistan a particularly favourable deal with…
