Faraz Hayat

Faraz is an Economics PhD Student at the University of Chicago.

Content by Faraz Hayat
  • Project

    Supporting Pakistan’s power sector reforms

    Pakistan's power sector is in deep need of reform. It suffers from chronic shortages, not due to a lack of supply, but because of the financial woes of the public distribution companies operating throughout Pakistan. Only 71% of the electricity sold for use across the country is recovered through bills. The total ‘circular debt’ of the electricity sector amounts to...

    10 Oct 2019 | Robin Burgess, Michael Greenstone, Tim Dobermann, Faraz Hayat, Usman Naeem

  • Project

    Rapid response to Pakistan’s Task Force on Energy Reforms

    Pakistan’s power sector is in deep need of reform. The sector suffers from chronic shortages not because of a lack of supply but due to the financial woes of the distribution companies operating throughout Pakistan. Of the electricity sold for use across the country, only 71% is recovered through bills. Such large losses risk collapsing the sector if left...

    17 Apr 2019 | Robin Burgess, Tim Dobermann, Michael Greenstone, Faraz Hayat, Usman Naeem