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 […]
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SepMinistry 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[…]
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AugInflation and devaluation
By Khurram Husain Published in Dawn on August 31, 2023 FOR more than two and a half years now, at least, the country has been seeing relentless and unending pressure on the exchange rate and the price level. The present bout of exchange rate volatility began in May 2021 and[…]
High living cost pushing more people into poverty: ADB
By Amin Ahmed Published in Dawn on August 28, 2023 ISLAMABAD: The increased cost-of-living crisis sparked by surging inflation last year, combined with the lingering effects of the Covid-19 pandemic, is continuing to push people in Asia and the Pacific into extreme poverty, according to a new report released by[…]
