Four reasons why devaluation will hurt the economy

There is a distinct sense of déjà vu regarding the current economic situation, calls for devaluation and new import tariffs. There were similar calls in 2007-08, when the economy was in serious difficulty and our foreign reserves plunged to $3.4 billion (enough to cover just one month’s imports). At the time the government obliged by devaluing the currency by 28 per cent […]

Time to establish ministry of private sector facilitation

By Mr Naveed Iftikhar Cheema Originally published in the Express Tribune 9th of October 2017 Pakistan exported goods and services worth $25 billion in the fiscal year 2011 and in FY17 exports stood down at around $21 billion. Exports-to-gross domestic product (GDP) ratio is also low if parallels are drawn with comparable countries. Investment-to-GDP ratio has hovered around 15% over […]

LNG Revolutionising Pakistan’s energy sector

ISLAMABAD: Some four centuries ago, French philosopher Jean de La Bruyère remarked: “The pleasure of criticism takes away from us the pleasure of being deeply moved by very fine things.” If one looks at Pakistan’s print and electronic media, it would appear that nothing has gone right for the liquefied natural gas (LNG) projects in the country. However, the rest of the […]

Job Posting: Field Research Officer

JOB DESCRIPTION   Job Title:  Field Research Officer   Duration: 3 months Experience: 3 years in relevant field Office Location: Islamabad, Fieldwork: Layyah Position Summary Policy Research Institute of Market Economy (PRIME) in an Islamabad based independent public policy think tank striving for economic freedom in Pakistan. PRIME has partnered with BARGAD to work on a project which aims to […]

Agenda: 4th National Debt Conference (2017)

PRIME INSTITUTE is pleased to invite you to the National Conference on Debt, Spending and Resource Allocation on Thursday, October 26th, 2017, at the Islamabad Marriott Hotel. In addition to being the 4th National Debt Conference, this year’s event will also discuss issues relating to the National Finance Commission Award and Spending. Each session will be followed by a question […]

Press Release: Economic Freedom of the World Index 2017

ISLAMABAD, PAKISTAN —Pakistan ranks 127 out of 159 countries and territories included in the Economic Freedom of the World: 2017 Annual Report, released by Policy Research Institute of Market Economy – PRIME, in conjunction with Canada’s Fraser Institute. Last year, Pakistan ranked 137. Pakistan has improved its global ranking on economic freedom, climbing up 10 places since the last year. […]

Consultative Session: Contract Enforcement in the KPK

PRIME Institute organized a consultative session on contract enforcement at the Planning and Development Department of the Khyber Pakhtunkhwa on Tuesday (28th of September 2017). Scholar and Corporate Lawyer Ahmed Bashir gave a detailed presentation of the current dismal state of contract enforcement in Pakistan. He highlighted that the laws dealing with commercial disputes have become outdated. He added that […]

Meeting: KPK Establishment Department

PRIME Chief Operating Officer Ms. Ayesha Bilal held a meeting at the Establishment Department, KP, with the Deputy Secretary Policy, Ms. Naghmana on September 28th, 2017. Ms. Naghmana lauded the initiative of PRIME and gave certain recommendations as well to improve the impact of the manifesto tracking report. She suggested that the report findings should also be shared with the Chief Secretary […]

3rd Meeting of the Working Group on Contract Enforcement

Date: 14th September, 2017 Venue: PRIME Office Agenda: Review the progress of the project since last working group meeting Experiences from the Lahore FPCCI session Update about the case studies Upcoming project activities Further two case studies on contract enforcement litigation Session on Contract Enforcement at FPCCI Peshawar Discuss the progress on the draft proposal for contract enforcement reforms Participants: […]