Protesting the criminal step of the outgoing rulers to stash away billions of rupees, the business community has asked the Supreme Court of Pakistan to probe a financial scam, involving advances made on political consideration just before the assembly was dissolved to end the five-year term of the PPP-led coalition govt.
“How much advances were made..... Read more
Pakistan’s economy witnessed an episode of high inflation between 2008 and 2011, after a period of exciting economic growth. What is interesting is that this boom-bust is not new, and high inflation after high growth is a phenomenon the economy has been witnessing for the past two decades.
Interestingly, what we consider as primary reasons behind in..... Read more
Owing to continued electricity crisis coupled with hike in power rates with each passing day, the government has decided to introduce amendments in the Power Policy 2002, which, however, will be implemented after the approval of Council of Common Interests (CCI) in the country.
In an apparent bid to control billion rupees worth subsidy in the power ..... Read more