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    Going In Circles

    Suleri, Dr. Abid Qaiyum | June 2017
    Abstract
    There are certain misconceptions about the power sector’s circular debt, which has generated controversy in the country. Contrary to various official claims, circular debt in power sector cannot be resolved on a permanent basis unless we take some radical measures. Initially, we need to change our energy mix to reduce dependency on oil-based electricity, and take stern actions to stop electricity theft. Pakistan’s energy mix of electricity is highly skewed and dependent on thermal generation (oil and gas). According to official estimates, 36 per cent of our electricity is produced from oil, another 36pc from hydel, around 25pc from gas and only 3pc from nuclear. This reflects that the cost of electricity would increase with an increase in global oil prices.
    Citation
    Suleri, Dr. Abid Qaiyum. 2017. Going In Circles. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/7114.
    Keywords
    Social condition
    Economic dependence
    Economic assistance
    International monetary relations
    International monetary relations
    International trade
    National accounting
    Market
    Petroleum Refineries
    Petroleum Products
    Petroleum Prices
    Petroleum
    Crude Oil
    Petrochemical Industry
    Export Oriented Industries
    Macroeconomic
    Macroeconomic Analysis
    Macroeconomic Framework
    Macroeconomic Models
    Macroeconomic Performance
    Macroeconomic Planning
    Macroeconomic
    Policies
    Macroeconomic Reform
    Macroeconomic Stabilization
    Oil and Gas Industry
    Development cooperation
    Petroleum Industry
    Transport Industry
    Exchange
    Comparative economics
    Index number
    Monetary policy
    Value analysis
    Adjustment cost
    Transaction cost
    Conditionality
    International relations
    Oil refineries
    Gasoline
    Oil
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    Citable URI
    http://hdl.handle.net/11540/7114
    Metadata
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    going-in-circles-2017.pdf (320.5Kb)
    Author
    Suleri, Dr. Abid Qaiyum
    Theme
    Economics
    Industry
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise