Category: Recent Post

Natural gas markets have initially fallen during the trading session on Monday, but then turned around to show signs of life again. By doing so, it looks like we are simply hanging around in the same range that we have been in for a while and therefore I am not expecting much at this point in time. On signs of exhaustion are more than willing to start selling, but quite frankly this week is probably going to be more micro movements than anything else. I do not anticipate that this…

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When the first wave of the pandemic hit Pakistan, the economic policymakers were worried about the contraction in economic activities and uncertainties accompanying the closures and lockdowns announced by the government. Various incentives were provided to different sectors in order to ensure that the impact of the Covid-19 shock was minimised. Economic indicators turned favourable after the initial shock. The economic growth recovered to levels above those reported before the pandemic and industrial as well as business activities were at the highest levels in recent years. The large-scale manufacturing (LSM)…

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Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam said the European Union (EU) had agreed to provide 250 million euros to Pakistan for assisting its clean energy transition and nature-based ecosystem solution project. Speaking at the inaugural ceremony of a solar-based water filtration plant and later addressing a public meeting in Manoonnagar area of Hassanabdal, Mr Aslam said Pakistan would get global funding in lieu of billions of trees planted across the country through the World Bank assisted Green Bond. He said the billion tree tsunami…

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Russia’s Yekaterinburg hosted the 7th meeting of the Russian-Pakistani Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation on November 24–26, 2021. Chaired by Omar Ayub Khan, Pakistan’s Minister for Economic Affairs, and Nikolai Shulginov, Russia’s Minister of Energy, the meeting was attended by around 70 policy makers, heads of key industrial companies and businessmen from both sides, marking a significant change in the bilateral relations between Moscow and Islamabad. Three pillars of bilateral relations Among the most important questions raised by the Commission were collaboration in trade, investment and the…

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Pakistan is energy insecure. Our national security and our energy security are linked – deeply linked. To be certain, energy security continues to be the most neglected dimension of our national security. For the record, the energy sector will make or break Pakistan’s economy. For the record, the energy sector’s management, particularly the sector’s exploding circular debt, will make or break Pakistan’s energy sector. For Pakistan, energy security means three things: adequate supply of energy; reliable supply of energy and a reasonable price. The four As of energy security are:…

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