Economic volume of superfluous consumption on September 4, 2019A meticulous cross-comparison with various countries in the region shows that the total unnecessary consumption in Pakistan accounts for 22 percent of its overall GDP. This is based on high volume of superfluous buying. Consumers of Pakistan are more likely to buy goods they do not need. Gross Domestic Product is the summation of investment, […]
Stuck in 1947 India on August 29, 2019Chanting the song of being the biggest democracy of the world, India is making developments in science and technology. Yet, it seems to be stuck in 1947 when it comes to peace and progression in the region as well as its relationship with Pakistan. A country that has completed its pursuit of space has closed […]
Private schools are making piles of money on August 19, 2019Misinterpreting the Supreme Court of Pakistan’s ruling of December 2018, the private schools are still charging higher fees by proving the essence of SC’s original orders in a treacherous way. They insist that a 20 per cent reduction in school fees is applicable on the tuition fees only, which is already below the threshold of […]
Respecting the national flag on August 15, 2019Pakistanis are gallant nationalists, and they do a great deal to give a special protocol to the national flag. In 20014, in the National Stadium of Karachi, the people of Pakistan unfurled the world’s largest flag. In February 2014, a crowd of 29,040 patriots gathered in Lahore, and registered a world record by forming the […]
Failure of the lending machinery on August 5, 2019Being an important player of the national economy, the financial inclusion envisages equal access to fund based and non-fund based banking services by masses and businesses at the most feasible rates. It particularly includes the extension of different sized loans and advances to the low-income segment of the economy. Thousands of branches of these banks […]
Authoring the authors’ economy on August 1, 2019Imperative steps are required to help authors achieve their individual economic goals and contribute to the national economy. Famous French author Elisabeth Badinter’s net worth, as of June 2019, amounts to $1.3 billion; making her the world’s richest author. First published in 1997, J K Rowling’s Harry Potter recorded an aggregate sale of 107 million […]
Speaking of economic virtues on July 29, 2019The world has witnessed indescribable scenes of ruthlessness twice during the last century. These were the World Wars which concluded great havoc. Great Britain scattered into pieces. Germany and Japan lost their economic stability. The natives of these countries did everything to protect their sovereignty later on. These were the economic virtues – honesty, responsibility, […]
GDP is the quantitative measure of hard work on July 27, 2019GDP seems to be misleading due to its computational intricacies and has failed in establishing a positive correlation with the level of happiness. Hard work is the key to success. Hard work sure has its rewards. Hard work has no substitute. These widely uttered epigrams reserve great value. Active hard work appears in the form […]
Economic constitution could serve the purpose on July 24, 2019For opposition parties and technocrats, it has been a political ritual to chant about government’s erroneous decision of funding Pakistan’s economy from IMF packagesconformedtoinsupportableterms and conditions. The people of Pakistan keep on raising their voice against inflation,unemployment, poverty, external debt, fiscal deficit, sinking growth of GDP and deteriorated balance of payment. The solution of all […]
Pakistan’s economic burden of disease on July 14, 2019Closely related to the country’s economy, the aggregate impact of the burden of disease is horrible. According to US National Library of Medicine statistics for 2018, based on data from Agha Khan University Hospital, the annual economic burden of disease in Pakistan is more than Rs 250 billion, which is enormously higher than total health […]