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![]() Ali KhizarBusiness Recorder |
Recently, eight multilateral development finance institutions, including the Asian Development Bank and International Finance Corporation, wrote to...
The State Bank of Pakistan’s (SBP’s) foreign exchange reserves have dropped by nearly a billion dollars in just eight weeks, from December 13 to...
Lately, there has been a surge of excitement in the real estate market, particularly in upscale urban areas. The initial wave of optimism stems from...
The IMF review mission is expected to arrive by the end of February to conduct the first semi-annual review of the ongoing programme. While the...
With economic stabilization on the horizon, pressure from employers, particularly from white-collar urban workers, is mounting for wage increases. ...
The monetary policy is due next Monday. The committee, chaired by the SBP Governor, has already eased the policy rate by 900 bps (or 41 percent) over...
The PIA privatisation efforts are back, and the chances of the deal moving forward this time are high. The previous round was spearheaded by the...
The Uraan Pakistan seems more like a wish list than a practical roadmap, listing ambitious growth targets without detailing how to achieve them....
I joined Business Recorder as Head of Research back in 2009, perceiving the position to be a stepping stone to a potential “better opportunity”. I...
2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal improvement, and interest rates were...
A key ingredient in attaining external account stability is inward remittances, often hailed as the star performer. Policymakers and analysts have...
The government and other key actors are grappling with conflicting objectives in addressing Pakistan’s economic challenges. On the one hand, they...
In the energy sector, nothing seems to be working to increase consumption on the grid. The concept of full cost recovery from the consumer is...
One of the key reasons for macroeconomic stability is the decline in commodity prices, driven by both global and domestic factors. However, this...
No doubt, macroeconomic indicators are improving. The current account is stable, with a surplus expected in FY25. Inflation has fallen to single...
Six months ago, the buzz in Islamabad was that foreign airline giants were lining up to acquire a seemingly beleaguered Pakistan International...
The more one writes about Pakistan’s energy sector mess, the less it seems to cover. The latest issue involves the government’s commitment to the...
Despite ostensibly achieving some macroeconomic stability—as evidenced by falling inflation, a stable exchange rate, and an improved fiscal...
One of the more short-sighted fiscal measures recently introduced is the higher tax on banking income from government securities. This tax is...
The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic inefficiencies. This is glaringly...
The first round of IPP negotiations has concluded, resulting in the termination of five contracts through coercive measures—though labeled as...
Inflation is falling rapidly, nearing a four-year low, with FY25 (July 2024–June 2025) average inflation expected to fall within the SBP’s...
The IMF board has finally approved a $7 billion package, with the first tranche already disbursed. Economic stabilization appears to be secured....
There is some semblance of macroeconomic stability in Pakistan as inflation decreases, interest rates fall, and the currency stabilizes, primarily...
The 2024 Independent Power Producers (IPPs) negotiations are entering their second round. The authorities are employing game theory strategies, but...
The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to single digits for the first time...
Negotiations with Independent Power Producers (IPPs), particularly those involving local owners under the 1994 and 2002 power policies, have entered...
There is growing unease due to delays in the IMF board approval. The Staff-Level Agreement (SLA) was reached in mid-July, with earlier expectations...
In today’s world, internet connectivity is as essential as electricity or running water. Remarkably, it remains one of the few services in Pakistan...
The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the real issues plaguing the energy...
The FY25 budget presents challenges for everyone, with few economic actors benefiting. Despite compromises due to pressures from political...
Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced in large part public sector...
Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy cost compared to the past....
The IMF Staff-Level Agreement (SLA) for $7 billion programme is done. However, that does not ensure revival of the economic growth which is...