Year: 2021

To appreciate the significance of a nuclear deal revival for Iran, one need only cast a cursory glance at the grave economic, foreign-policy, security, and environmental crises plaguing the country today. Without a functioning deal that keeps U.S. sanctions lifted, if only for a few years, no Iranian government can hope to adequately respond to most—if not all—of these challenges. Consider first Iranian President Ebrahim Raisi’s ambitious economic promises. They include constructing 1 million housing units per year; taming runaway inflation, which he has described as his government’s “redline”; resolving…

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Power Division has assigned look after charge of CEO, CPPA-G to Chief Financial Officer (CFO) Rihan Akhtar, till the joining of acting CEO, who is on medical leave. The Central Power Purchasing Agency (Guarantee) Limited is a Public Sector Company, working under the administrative control of the Division and registered as the Market Operator in terms of rule 5 of the NEPRA (Market Operator Registration, Standards and Procedure) Rules, 2015. In pursuance of the decision of the Federal Cabinet of June 02, 2020, Power Division was in process of hiring…

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Amid continued promises and claims for good omen, foreign direct investment landscape in Pakistan has been lackluster. While net FDI in 5MFY22 has increased by 12 percent year-on-year, the total tally of around $800 million is trivial. Total FDI inflows in 5MFY22 as per SBP’s recent data is actually down by over 9 percent year-on-year. Though FDI in Nov-21 turned positive from a negative net tally in Nov-20, it wasn’t anything inspiring. And FDI inflows in Nov-21 were down by 30 percent year-on-year. Lower inflows and higher outflows describe the…

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