News

Adapting economically

The dialogue between PML-N, its coalition allies, and the main opposition party, PTI, has been fortunately initiated at a time when Pakistan is threatened by a surge in global uncertainties while it is still struggling to achieve durable macroeconomic stability. The dialogue is supported by a strong countrywide consensus to rethink our strategy on revamping and restructuring the economy to open

Tariff wars on the horizon

The US President-elect Donald Trump is taking an aggressive foreign policy and trading posture. And the approach is beginning to yield results, not only from Rawalpindi but also from its major trading and political allies. The countries are taking the threats seriously and are scurrying to meet the demands of the incoming US administration. To ‘Make America Great Again,’ the US President-elect

Shaping the future with Five Es

The government projected optimism as Prime Minister Shehbaz Sharif launched the 13th Five-Year Plan (2024-2029) on New Year’s Eve, joined by all four chief ministers representing the major political parties. While the track record of similar past plans tempers confidence, stakeholders have generally not dismissed it as political posturing and appear willing to support the government in delivering

Oil industry seeks role in framing of deregulation policy

The oil industry has expressed concerns about its exclusion from an official working group tasked with developing a roadmap for deregulating the downstream oil sector. In a letter to the Petroleum Division and Ogra, the Oil Companies Advisory Council (OCAC) — an association of over three dozen oil companies and refineries — has said it had requested the government in November last to include ma

Blocked US Steel deal could hit investments, warns Japanese PM

Japan’s prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel’s takeover of US Steel could impact future investments. The US president’s announcement last week cited a strategic need to protect domestic industry, a move that drew sharp criticism from both companies and Tokyo. A US government panel had failed to reach consensus on whet