Pakistan amidst a polycrisis

By Dr Abid Qaiyum Suleri Published in The News on September 05, 2023 The caretaker government has made a sensible decision to link any possible relief in electricity bills to the consent of the IMF in order not to jeopardize the ongoing standby agreement. Pakistan needs to stay under the IMF umbrella for at least the next […]

Price of electricity is price of misgovernance

By Dr Sania Nishtar Published in The News on September 03, 2023 In July this year, the outgoing federal cabinet approved a 25.5 per cent increase in the base electricity tariff. The decision’s impact resulted in a hike in the August bills for millions of consumers, sparking country-wide demonstrations. The high prices of electricity can be attributed[…]

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Ministry identifies 10 key risks to economy

By Mehtab Haider Published in The News on September 02, 2023 ISLAMABAD: A finance ministry report has painted a dismal economic picture, showing total public debt has gone up from Rs23.02 trillion in 2017-18 to Rs54.39 trillion till March 2023, and external debt and liabilities went up from $95 billion in 2017-18 to $126.1 billion till end[…]