Author: admin

Pakistan is clearly ill-prepared to deal with the possible impact of the epidemic crisis in China that may take time to subside. It can lead to supply chain disruptions, amplify the inflation and suppress consumer and business confidence, rattling the fragile economy and dragging the low GDP growth rate further down. There is an uneasy […]

Pakistan cannot survive without increasing exports exponentially. Sadly, it was only recently that the country’s policymakers realised the importance of exports for the country to break out of periodic boom-and-bust cycles responsible for leading us to the International Monetary Fund (IMF) for the fourth bailout in less than two decades. The consumption-driven growth strategy pursued […]

Last week, Lums hosted Dr Salman Shah, adviser to the Punjab chief minister on economic affairs, for a presentation of the freshly minted “Business Plan of Punjab”. Though Dr Shah delivered the message with candour and conviction, the plan came across as nothing but a skilful patchwork of past consultancy reports devoid of a pragmatic […]

ISLAMABAD: Amid delays in K-Electric takeover by the Shanghai Electric Limited (SEL) of China, the government has decided in principle to facilitate the Karachi-based power utility to increase its own generation capacity by 1,600MW and enhance supply from the national grid to 1,400MW on an urgent basis. For this to deliver, the government would immediately […]

Stocks began the new week on a free fall, with the benchmark KSE-100 index losing over 1,105 points – down 2.82 per cent – to close at 39, 143, well below the 40,000 barrier. Today’s losses followed a lacklustre last week during which the market remained largely flat as bulls and bears managed to secure an […]