Pakistan’s textile sector has seen to go through different challenges in the time of Covid-19 pandemic shocks. During this period sector though witnessed recovery and have been growing but overall industry seemed to fluctuate significantly over the period. In terms of export, sector witnessed a significant shift. According to the statistics given by State Bank […]
Development of Gilgit-Baltistan, the way forward
Gilgit Baltistan which was formerly known as the Federally Administered Northern Areas or FANA is the northmost political entity of Pakistan. As per the constitution of Pakistan, Gilgit-Baltistan is a self-governing region and it is a home to some of the world’s highest mountains, including five of those mountains ranging over eight-thousand heights and number […]
Trade facilitation in Pandemics
Exports is considered as one of the key and important indicators for economic growth in any economic system. More the exports more is the industry growing and economic system keeps its pace in the world. Over the period exports do play a significant role and bring in the revenue. In comparison to Pakistan’s export in […]
Will budget 2020-21 promote investment and help local business?
During the fiscal periods of 2018-20, outward investment declined from 36.1 per cent to 17 per cent. This declining percentage can be looked into while taking into account the investment from China, Switzerland and the Netherlands. In the fiscal year 2019-20, it was noted that in this period, Chinese investment increased from $ 130.8 million […]
Priorities and Missing Targets
For any political party to come into power, economy is the key area where majority of the focus lies. Political party comes up with its own economic team to manages the system and bring most of the welfare concepts in line with the policy framework. Pakistan Tehreek-e-Insaf (PTI) led government while coming into the power […]
Covidonomics and Pakistan: Economy in and after Covid-19
Pandemics are the large-scale outbreaks of infectious disease that can greatly influence the economy, society and political decision making. Studies have suggested that the likelihood of pandemics has increased over the past century because of increased global travel and integration, urbanization, changes in land use, and greater exploitation of the natural environment. This thus has […]
Agenda 2030 — where does Pakistan stand?
For any country to develop and have sustained life there is need to have sustained health, life, education, access to justice and clean environment. This is the reason and purpose for which countries came under one umbrella to lift people out of poverty. Such type of efforts resulted in Sustainable Development Goals (SDGs). Being one […]
Human development in Pakistan: challenges and way forward
Development is far a broader concept in comparison to growth. It reflects social and economic progress which are being defined as a vital and necessary condition. These conditions are not sufficient as such conditions cannot only guarantee the development. In the words of Amritya Sen, development is about creating freedom for people and removing hurdles […]
Cashless economy for Pakistan: challenges and way forward
Cashless economic system describes an economic state where financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information between the parties. Societies of such form have existed from the time when human society came into existence, based on barter and other methods […]
A teacher is not like a parent; he is a parent!
This article is dedicated to Professor Dr Abdul Qayyum who held the hands of many students in pain and those going down. He was always there for students in need. In this world, when a child starts the learning phase, parents become teachers and a child becomes a student. The very first thing, which as […]