Energy and the Pakistani Economy: An Exploratory Analysis to 2035

Abstract

With rapid economic growth in recent years, Pakistan ’s demand for energy has been increasing at the rate of 10-12 percent per annum. However, the country ’s rather static oil, hydroelectric power and gas reserves have raised serious concerns as to the sustainability of the current economic expansion, as well as future economic growth. The gap between Pakistan ’s energy use and the country ’s ability to produce energy has widened in an alarming way in recent years (Figure 1)...