The SIFC wild card

By Hassan Baig Published in The News on August 22, 2023 Since Pakistan’s economy is in deep trouble, the government has taken various steps to help improve it. But so far, most measures have proved to be a total waste except for one initiative: the decision to form the Special Investment Facilitation Council (SIFC) headed by the […]

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Interim setup picks pro-liberal policies duo

By Shahbaz Rana Published in The Express Tribune on August 18, 2023 ISLAMABAD: The interim government has picked an experienced duo of Dr Shamshad Akhtar and Dr Waqar Masood Khan to steer the country out of a prolonged economic crisis. The two new wizards are known for their pro-International Monetary Fund (IMF) stances and liberal policies. The[…]

Power sector debt

Published in Dawn on August 16, 2023 PAKISTAN’S moribund power sector has become the Achilles heel of its faltering economy. The losses suffered by a frail economy in the last two decades due to power sector failures are perhaps surpassed only by the damages inflicted by terrorism. The accumulation of massive circular debt — the cash shortfall[…]