Based on the recent PIDE publication, authors argue that market reform and reducing the government’s footprint are crucial for sustainable growth, particularly given the constraints faced by the private sector due to an unfavorable business climate in Pakistan.
It is high time for the government to put its foot down and move away from the current 'Take or Pay' policies, which force it to pay capacity payments to IPPs, and move towards market liberalization of the electricity market, which happened in most countries of the world over 2 decades ago!
GVS looks at where the Ravi front project stands, what it intends to do, why it was needed, the history of development behind it, and what it means for the country's future.
Head of Secured Lending in J.S. bank elucidates on the scope of the mortgage market in Pakistan versus internationally, and the role J.S. bank plays in supporting the housing and construction sector.