Trouble at the power plants
In the last few weeks, there have been a slew of reports about plant failures and power assets going offline one after the other...
The problem of revenue is bad tax policy, not cheating
Revenue generation is important but not top priority as in last 3 decades. Much effort and money has been spent in collecting taxes and...
Pizza and perfect competition in Pakistan
The pizza market in Pakistan has maybe attained almost perfect competition
Think about energy security
Energy price volatility has shocked and awed the world, unleashing a wave of inflation and pain on hundreds of millions of citizens. While much...
Can RAAST usher in the promised fintech revolution?
On Thursday, February 3, the State Bank of Pakistan instructed banks to provide free person-to-person (P2P) payments services under Raast, the country’s digital payments...
Why Fauji Meat is the smartest decision made by the Fauji group in decades
The worst way to think about a profitable investment strategy – whether it be as an individual investor or as a CEO thinking about...
The smog will worsen. It doesn’t have to
We are not condemned to live in this hell forever. Measures can and must be taken
A primer on refinery margins
To a casual observer, refining is a boring and largely commoditized business often exposed to volatility in commodity prices. During the last few months,...
The need for farmer cooperatives in Pakistan
As the economy goes through a structural transformation, farmer cooperatives are more important than ever before
Fixing pay and pensions
250 million people exist to pay the salaries of government employees
Time to think
Pakistan is celebrating 75 years of independence. A country made free not by revolution but by reason is undergoing one of the worst crises...
The case against sovereign default
Groundhog Day is now a preferred reference point for the economic cycle in Pakistan, with each crisis largely resembling the previous crisis, and a...
Bond spreads rise with political risk
Pakistan has a long history in global capital markets. The country’s first international bond dates to late 1994 when $150mn was raised at a...
Stocktaking of power sector challenges in NEPRA State of Industry Report
NEPRA released its State of Industry Report 2022 (SIR) on 30th September, 2022. This year's addition is particularly significant due to multiple key events...
Here’s how we fix Pakistan’s SOE problem
Privatization or legislation, we must address the root of the problem
