Socio Economic Effects of Money Laundering on December 16, 2019Money laundering as a process ‘to make the ill-gotten money look clean’ has turned out to be a monstrous global problem. International economy sustains an annual loss of billions of dollars through money laundering practices of corruption, structuring, trade-based laundering, gambling, smuggling, human trafficking, terrorist financing, off-shore banking and tax evasion etc.In a report by […]
Taming down energy crisis on August 10, 2019Energy requirements of Pakistan have been historically characterized by insufficient power generation. Emerging economy and ever increasing masses have faced a demand supply gap of power sector. Rupee devaluation has serious implications for electricity system, since the fossil fuel imports are a key economic drain. Fossil-fuel based power generation in Pakistan accounts for 60% of […]
Fending FATF fangs on June 24, 2019The official statement at the end of the plenary session in Florida, USA, says that Pakistan would continue to fend off FATF fangs. The Financial Action Task Force has asked Pakistan to implement a 27-points action plan by October. The country has failed to make two previous deadlines in January and May to avoid figuring […]
Fight against Climate Change: ‘Plant for Pakistan’ on February 24, 2019Pakistan has been named by UNO among the top six countries that are most affected by the climate change. Besides having one of the highest deforestation in Asia, Pakistan is 7th country of the world likely to face most adverse effects of global warming. That is why; extreme weather conditions like high temperature, irregular rainfalls, […]
Significance of financing start-up entrepreneurs in Pakistan on February 16, 2019The rationale of including Pakistan among the emerging markets of the world is that 64 percent of its population is under 30 years-old. The young masses of the country can develop into a real economic strength, if engaged productively. In business terms, a start-up is an individual, entity or a concern that has recently started […]
Pakistan Banao Certificate: A Win-Win Option of Diaspora Bond on February 8, 2019Recently launched “Pakistan Banao Certificate” by the government of Pakistan is, in fact, diaspora bond. Diaspora denotes expatriates living out of their native country. Diaspora bond is issued by a country to its non-residents overseas citizens with the purpose to raise inexpensive money to support the mother country in bad times. Since 1951, Israel tapped […]
Developing tourism industry of Pakistan on February 3, 2019World Tourism and Travel Council predicts that Pakistan’s tourism industry has the potential to grow to around US$ 39.8 billion within a decade. The present government has already vowed in its election campaign that it would promote Pakistan as “Asia’s Best Kept Secret” in global tourism market. The government is confident that tourism would be […]
Investment in Emerging Pakistan on January 24, 2019According to IMF analysis, the emerging markets like Pakistan are expected to achieve 2 to 3 times faster economic growth than the developed countries. Mature Western economies of the developed countries are facing long term economic woes; therefore, emerging markets with robust growth potential are new horizons for foreign direct investment. All economists are of […]
IMF Impasse on December 7, 2018It may appear to the many that yet another farewell to IMF is around the corner. But this time, it is unprecedented situation, as the decision makers are straining every nerve to seek some benign remedy before taking the ‘bitter pill’ with side effects. The PTI government has been greeted with adverse economic indicators like […]
Sino-solution to poverty alleviation on November 27, 2018It is global fascination to emulate China in lifting about 700 million people out of abject poverty, in a period of three decades. This is miraculous and countries like India, Turkey, Ethiopia, and Nigeria etc. have already achieved outstanding results by learning various Chinese lessons of poverty reduction. Poverty can be defined as a condition […]