ISLAMABAD: Pakistan is heading toward a major political and constitutional confrontation as the federal government and provinces clash over control of the country’s vast rare earth mineral reserves—strategic resources now seen as more valuable than oil and gas. Senior analyst Najam Sethi recently spotlighted the brewing conflict on his television show, highlighting disputes over ownership, control, and revenue-sharing from rare earth mining projects. With estimated reserves valued at an astonishing US$8 trillion—nearly 20 times Pakistan’s current GDP—the stakes are monumental. Provinces assert their constitutional right to up to 90% of…
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Govt Moves to Save Rs1.6tr Through Revised Power Plant Agreements
ISLAMABAD: In a major cost-cutting initiative, the federal government has formally approached the National Electric Power Regulatory Authority (Nepra) seeking approval to revise power purchase agreements with four public sector power plants, aiming to save approximately Rs1.58 trillion over their remaining operational lifespans. The proposed revisions include transitioning from the current ‘take-or-pay’ model to a ‘hybrid take-and-pay’ structure, lowering the return on equity (RoE), and capping dollar indexation at Rs168. Nepra has scheduled a public hearing for April 24 to assess the proposal jointly submitted by the Central Power Purchasing…
Read MoreK-Electric Faces Scrutiny Over Rs76 Billion Write-Offs
K-Electric, the power distribution company serving Karachi, is facing criticism for writing off Rs76 billion in receivables. The move has raised concerns about the company’s financial management and accountability. Key Concerns: Possible Implications:
Read MorePetroleum Supply Hit as Refineries Face Crisis
The petroleum supply in Pakistan is facing a significant setback as refineries are grappling with a severe crisis. This development is likely to exacerbate the country’s energy woes and impact various sectors. Key Issues: Potential Consequences: Way Forward:
Read MoreLIIBS 2025 Concludes – Powerful Commitments to Innovation, Inclusion & Economic Resilience
Islamabad, April 17, 2025- LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS) 2025, themed Navigating the Unknown, came to a powerful close with globally recognized leaders, policy makers, experts, and thousand plus delegates, deliberating on unified approach, consistency of reform, technology and investment landscape, for Pakistan. Shahid Khaqan Abbasi, former Prime Minister of Pakistan, reinforced the need for stability and continuity of policies, with a focus on the need for privatization. “Weak regulation has massively contributed to increasing circular debt, and loss of investments. Stability and rule of law are a must to…
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