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Introduction In a recent Senate Standing Committee on Energy meeting, Energy Minister Awais Leghari highlighted a dramatic increase in electricity costs from Independent Power Producers (IPPs), with unit prices soaring from Rs. 3 in 2016 to Rs. 285, marking a staggering 9600% rise over eight years. This revelation underscores significant concerns about the current structure and agreements with IPPs. Concerns …

Introduction On Monday, the Pakistani government decided to defer the privatisation of the National Bank of Pakistan (NBP) due to legal hurdles, contradicting a prior commitment made to the International Monetary Fund (IMF). This decision highlights ongoing challenges in Pakistan’s efforts to reform state-owned enterprises (SOEs) and align with international agreements. Legal and Policy Challenges Last month, Pakistan assured the …

Introduction to AI’s Pervasive Influence Artificial Intelligence (AI) has rapidly transitioned from a niche technology to a fundamental component of our daily lives. Its applications span various sectors, from healthcare and finance to entertainment and transportation. As AI continues to evolve, its influence is reshaping industries and driving innovation, making it crucial to understand its impact on both our personal …