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Cover Stories

Energy Sector Victim Of Inconsistent Policies

ENERGY SECTOR VICTIM OF INCONSISTENT POLICIES

Analysts had termed creations of independent power plants (IPPs) as putting the cart before the horse. It was true that power generation plants were not very efficient, but real losses were due to highly inefficient distribution companies. There was rampant …

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Twin Deficits: Skeletons In The Closet

Twin Deficits Skeletons In The Closet

With the affairs of Ministry of Finance now an open secret, the cat is finally out of the bag. The fresh statistics have exposed the cosmetic touches done to the economy causing concerns about long-term sustainability of the external sector. …

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Jcc Of CPEC Approved Long Term Plan

The Joint Cooperation Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) approved the Long-Term Plan (LTP 2017-30) envisaging broad parameters for future cooperation. However, it could not conclude agreements on development projects and special economic/industrial zones. Informed sources said the …

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Higher Oil Prices And Implications For Pakistan

HIGHER OIL PRICES AND IMPLICATIONS FOR PAKISTAN

Pakistan’s economy has routinely oscillated between periods of relative stability and busts brought about by external payments crises. Failure of successive governments to push through structural reforms when the economy is stable typically drives this volatility. In the last few …

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