There is a saying that the energy conserved is better and cheaper than the energy produced or purchased. It is truer today than earlier times due to rising energy prices, supply uncertainties and climate effects. In the West, the movement for energy conservation, efficiency, self-reliance and renewable energy started in the backdrop of the 1973 oil crisis. Since then remarkable changes have tak
The print and electronic media is highlighting the upward revision in prices of petroleum products by mentioning that the current level of prices has set a record. Some commentators are of the opinion that the prices may cross Rs200 per litre in the days to come, which implies that many people are bullish about them. When prices are going up, the people tend to think that they will increase fur
My previous article, titled “Need for export-oriented strategies”, highlighted the low level of exports as a percentage of GDP in Pakistan and the importance of improving global and regional integration. Pakistani producers must become more productive to achieve sustainable growth in exports. This will help address the external account challenges and escape from the vicious cycle involving a ba
My previous article, titled “Need for export-oriented strategies”, highlighted the low level of exports as a percentage of GDP in Pakistan and the importance of improving global and regional integration. Pakistani producers must become more productive to achieve sustainable growth in exports. This will help address the external account challenges and escape from the vicious cycle involving a ba
The robust increase in exports is often regarded as one of the biggest achievements of the government by different ministers, and rightly so. But the positive impact of double-digit increase in exports is being offset by the surge in imports. In fiscal year 2018-19, when the current PTI government came to power, Pakistan recorded exports of $22.96 billion, as per data of the Pakistan Bureau of