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The New Energy Vehicle Policy 2025-2030 is an ambitious road map to transform the whole transportation sector from fossil fuel to electrification in Pakistan. It was designed by the Ministry of Industries and Production in order to curtail dangerous greenhouse gas emissions,…
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This Policy Brief examines the role of regulators in the economic well-being of Pakistan. It highlights that discussions in Pakistan often advocate for more regulations. However, these arguments lack clear empirical evidence. This Brief investigates whether regulations improve economic well-being in Pakistan…
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Pakistan’s efforts to reduce poverty over the years have been reversed by COVID-19, introducing a new group of impoverished individuals classified as “New Poor, the segment of the population expected to become non-poor before COVID-19”. These individuals or households who previously maintained…
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Narcotics trafficking and drug abuse have been eroding Pakistan’s economy and society for a long time and have become a growing concern. Despite maintaining a zero-tolerance policy against all types and forms of drugs, Pakistan has not been able to eliminate the…
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Pakistan and Russia have made significant progress in defence, economic, and geopolitical cooperation since the early 2000s. The bilateral relations have improved ever since Pakistan’s active commitment to fight terrorism. The key developments include foreign ministers' meetings, defence collaborations, and Russia's support…
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The notion that the United States of America (U.S.A.) is a self-proclaimed superpower is complex and multifaceted. While the U.S. has undeniable strengths, various factors, including military ambiguities that have influenced globalisation in the post-9/11 era - particularly its unilateralism in an…
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The Investment Facilitation for Development Agreement (IFDA) holds significant potential for enhancing Pakistan's investment climate and attracting greater Foreign Direct Investment (FDI). This agreement, encompassing nearly 130 WTO members, seeks to simplify administrative procedures, strengthen anti-corruption measures, and promote responsible business conduct,…
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This study critically examines the development of Special Economic Zones (SEZs) in Pakistan, with a focus on those established under the China-Pakistan Economic Corridor (CPEC). It identifies key challenges including attracting Foreign Direct Investment (FDI), promoting export diversification, and enhancing employment opportunities.…
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This economic brief outlines a cautiously optimistic recovery for Pakistan’s economy following a contraction in FY23. The GDP growth rate rebounded to 2.4% from -0.2%, driven predominantly by a robust agricultural sector which expanded by 6.25%. This resurgence highlights Pakistan’s reliance on…
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A blackout is defined as a complete loss of electrical power to an area and represents the most extreme form of power outage that can occur in a power system . This paper investigates the technical aspects of blackouts in Pakistan, meticulously…