Recent Posts

Pakistan’s Energy Ministry Advances Reforms Amidst High Electricity Prices and Circular Debt

Energy Minister Awais Leghari announced significant reforms aimed at modernizing Pakistan’s energy sector, including the operationalization of an energy exchange platform. This move is designed to allow power plants to sell electricity directly to buyers, potentially reducing reliance on the national grid and addressing current challenges like high electricity prices and extensive circular debt. Speaking to the Senate Standing Committee …

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BOJ Deputy Governor Signals Caution on Interest Rate Hikes Amid Market Volatility

Shinichi Uchida, Deputy Governor of the Bank of Japan (BOJ), has signaled that the central bank will refrain from increasing interest rates while market conditions remain unstable. Uchida’s comments, made on Wednesday, contrast with the recent hawkish stance of BOJ Governor Kazuo Ueda, who last week surprised markets with an unexpected interest rate hike. Uchida’s remarks came amid sharp market …

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PRAC Chairman Urges Lower Policy Rate to Stimulate Economic Growth

Mohammad Younas Dagha, Chairman of the Policy Research and Advisory Council (PRAC), has called on the State Bank of Pakistan (SBP) to reduce its policy rate from 19.5% to 17.5%. This proposed adjustment aims to keep the real interest rate positive, aligning with the International Monetary Fund’s (IMF) requirements and fostering economic growth. In a press release issued by PRAC, …

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