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Tuesday April 23, 2024
Ammar Habib Khan
Ammar Habib Khan

  • April 14, 2024

    The future is electric

    Public transportation options exclusively relying on electric

  • March 31, 2024

    Capitalizing on coal

    This representational image shows the Coalmine. — PixabayThe government has been the biggest borrower from banks over the last decade, making up...

  • March 17, 2024

    A plan for electricity prices

    The government is yet to present any plan that breaks the cycle

  • March 16, 2024

    News Analysis: Reform now to break IMF cycle

    As new government takes shape, first order of business is to accelerate closure of fresh IMF programme

  • March 03, 2024

    Energy fallacies

    Pricing of both sources of energy is controlled by sovereign, creating distortion, and misalignment of incentives

  • February 23, 2024

    Why getting IMF involved in polls is a bad idea

    Question is why IMF is being asked to look into Pakistani elections — and what lender of last resort can even do about this

  • February 18, 2024

    Fixing energy to fix growth

    Inability to produce at competitive prices to either consume locally or export results in greater reliance on imports which necessitates...

  • February 04, 2024

    The promise of free electricity

    Political manifestos are often wish lists that rarely come true. Free or cheap electricity is one such promise that may never materialize. Over the...

  • January 21, 2024

    Lazy manifestos

    Abject refusal of successive governments and tax bodies to actually undergo necessary reforms has led to a scenario where our tax collections remain...

  • January 07, 2024

    The (informal) wedding economy

    It is estimated that more than Rs110 billion is spent on weddings on an annual basis

  • December 24, 2023

    A new year to fix the economy

    Hundreds of thousands of words have been written about the economy, and how to fix it over the last many years, but not much is done, and the...

  • December 10, 2023

    More money, more problems

    The government continues to run its fiscal affairs with an increasing reliance on debt to fund its expenditures. The reliance on debt to fund fiscal...

  • November 26, 2023

    A coherent energy plan

    Detractors will say that the existing legal and governance framework makes it difficult to move towards a more competitive market

  • November 12, 2023

    The privilege of identity

    Afghan refugees wait near the United Nations High Commissioner for Refugees Azakhel Voluntary Repatriation Centre in Nowshera on October 30, 2023....

  • October 29, 2023

    Higher for longer

    This picture shows a general view of the Karachi sea port. — AFP/File Since 2010, the global economy has been on a spending spree, with close to...

  • October 15, 2023

    Capital market death

    Capital markets in any economy characterize the nature of that economy. The depth of such markets refers to how much capital exists in such a...

  • October 01, 2023

    It’s over

    An unhealthy obsession with the rupee-dollar exchange rate has been driving the economic discourse and policy actions in the country, such that...

  • September 17, 2023

    Escaping the low-growth trap

    Pakistan’s economy is now effectively stuck in a low-growth trap. The composition of the economy is heavily tilted towards consumption, with...

  • September 03, 2023

    Need for radical ideas

    The economy has been in a tailspin for the last few years, and the way everything is being managed , it is only going to get worse. High...

  • August 27, 2023

    News Analysis: How to make electricity affordable

    Inflation that continues to remain in excess of 25% has further eroded real incomes, as households scramble to balance their budgets

  • August 20, 2023

    Is copper the new oil?

    An energy transition is happening. Moving to a target of net-zero global emissions requires a steady move from fossil fuels to renewable energy, or...

  • August 06, 2023

    Transportation puzzle

    More than one-third of all energy consumption in Pakistan can be attributed to the transportation segment, covering motorcycles, automobiles,...

  • July 29, 2023

    Situationer: Refinery project is much needed but MoUs are dime a dozen

    PAKISTAN has a crude oil refining capacity of roughly 400,000 barrels per day, and this has stayed at the same level for more than a decade now,...

  • July 23, 2023

    Electrocuting the consumer

    The government recently announced a hike in electricity tariff complying with requirements of the fresh funding unlocked from the IMF. Successive...

  • July 14, 2023

    News Analysis: No check on rogue loan apps preying on the poor

    Digital loan sharks advertise heavily on social media and other platforms on the internet, targeting the most vulnerable segments of society

  • July 09, 2023

    News Analysis: Protecting their TERF

    There has been a lot of noise regarding the Temporary Economic Refinance Facility which was initiated by the State Bank of Pakistan in the first...

  • July 09, 2023

    Solarizing household energy

    Electricity tariffs for lifeline customers have increased by 70 percent over the last five years. During the same period, electricity consumption...

  • June 25, 2023

    A generational exodus

    A mass exodus of people, capital, and knowledge is in process. Deteriorating economic circumstances and largely flat incomes in real terms during...

  • June 11, 2023

    A bleak future

    No matter how much one tries to be optimistic, policymakers continue to make decisions that only push the country and its people to an uncertain...

  • June 10, 2023

    Budget 2023-24: more debt for the people

    THE outlay for Budget 2023-24 is estimated to be Rs14.46tr, of which almost half will be allocated towards servicing of debt. What else does Budget...

  • June 09, 2023

    A fiscal disaster

    The National Economic Council has set an economic growth target of 3.5 per cent for the upcoming fiscal year, while also acknowledging a population...

  • May 31, 2023

    News Analysis: Budget 2023-24: Why not to tax reserves of listed, unlisted firms

    Such a tax would further increase the effective tax on companies that are operating in the formal space

  • May 28, 2023

    A nutrition disaster

    One-third of the total children's population in Pakistan, or 34 million children, is deemed as malnourished. This number is bigger than most...

  • May 26, 2023

    News Analysis: The curious case of GDP growth

    Pakistan’s GDP contracted to 0.29pc in FY23

  • May 14, 2023

    The digital iron curtain

    Whenever one feels that it cannot get any worse, it does get worse. It's a race to the bottom, and we clearly aren't stopping anytime soon. The...

  • April 30, 2023

    Demonetization and capital

    There is more than Rs8.5 trillion of currency in circulation sloshing around in the economy. This is capital, or funds that stay outside the formal...

  • April 16, 2023

    News Analysis: Is IMF really moving the goalposts?

    "It’s very important for the Pakistani economy to address the imbalances and to maintain macroeconomic stability," Jihad Azour says

  • April 16, 2023

    Case for climate-debt swaps

    Pakistan has a debt problem. It also has an energy problem. Without solving the debt and energy problem, it is not possible to get on a sustainable...

  • April 08, 2023

    Situationer: Did TERF benefit only the rich?

    Standing Committee on Finance was told that $3 billion was given out as interest-free loans in the last government’s tenure, which was essentially...

  • April 02, 2023

    Governance failure and inflation

    The famed American artist, The Notorious B.I.G, exclaimed that "the more money we come across, the more problems we see".This also resonates with...

  • March 21, 2023

    News Analysis: Funding fuel subsidy

    There are more than 25 million two-wheelers and three-wheelers officially plying the country’s roads

  • March 20, 2023

    Shortistan

    The journey from plotistan to shortistan in a brief period has been incredible. Unintended consequences of myopic decisions continue to haunt the...

  • March 05, 2023

    Gaming out a default

    Pakistan has been in a precipice of default for the last few months, desperately seeking external help, enacting draconian policies, while refusing...

  • March 03, 2023

    News Analysis: SBP’s sins

    What’s even worse is that there seems to be no plan, as a profligate sovereign, and an equally aloof central bank push a population of more than...

  • February 19, 2023

    The depositor’s interest

    Inflation is at its highest ever level, a mix of a global commodity super cycle, a never ending series of bad policy decisions, and the inability to...

  • February 05, 2023

    Stuck in the middle

    Clowns to the left of me, jokers to the right, here I am stuck in the middle with you. These are lines from a seminal song by Stealers Wheel, from...

  • January 22, 2023

    Burning down the house

    A stitch in time saves nine. In the case of our economy, we do not like stitches. We deliberate whether a stitch is even required, or what if we...

  • January 08, 2023

    The worst is yet to come

    The incessant desire to control or fix prices has rarely ever yielded a positive outcome. The obsession to maintain an arbitrary exchange rate has...

  • December 25, 2022

    Energy for the future

    Pakistan has a perennial energy deficit, and that deficit keeps on growing. The growth in energy deficit is both a function of underinvestment in...