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Shahid Sattar Absar Ali

Shahid Sattar Absar Ali

Business Recorder

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Rising energy tariffs, sinking economy

Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent. Pakistan faces a situation akin to the...

thursday 100

Business Recorder

Shahid Sattar Absar Ali

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an import-based-consumption-driven...

14.03.2024 100

Business Recorder

Shahid Sattar Absar Ali

Wheeling charges: do or die

On Tuesday 28th November, power regulator Nepra will hold a public hearing on the Discos’ petitions to determine a ‘Use of System Charge’ for...

27.11.2023 10

Business Recorder

Shahid Sattar Absar Ali

Export or perish

The fundamental problem of our economy is that balance of payments crises and a perpetual risk of default have become the status quo. This is because...

20.11.2023 60

Business Recorder

Shahid Sattar Absar Ali

We just can’t compete

Distortions caused by a distraught policy landscape — from high energy costs to an industry-wide liquidity crisis — have made it next to...

14.11.2023 20

Business Recorder

Shahid Sattar Absar Ali

On the edge of a precipice

The World Bank recently warned that Pakistan’s economy is on the edge of a precipice. Any more of the same will take it to a point of no return. ...

16.10.2023 30

Business Recorder

Shahid Sattar Absar Ali

Export sector: prohibitive energy costs

If the economy is to be stabilized, exports can no longer afford to pay for the energy sector’s failures and inefficiencies, and the government’s...

03.10.2023 20

Business Recorder

Shahid Sattar Absar Ali

Sales tax blues

Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its revenue targets for FY24. This means...

11.09.2023 10

Business Recorder

Shahid Sattar Absar Ali

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