FINANCIAL INCLUSION In recent years, financial inclusion is one area where stakeholders of the financial ecosystem have been focusing lately as part of a broader strategy to reduce poverty, encourage economic development and promote stability and security. The term ‘financial …
Read More »Yearly Archives: 2017
A widening economic divide: What are the remedies?
Pakistan is a country where up to 40 percent of its over 207 million population lives below poverty line — less than $1 a day or less. Despite tall claims by the officials about putting the economy on the progressing …
Read More »Reviewing economic stability of Pakistan
Pakistan got independence from the British Raj in 1947, but a review of the economic progress of over 70 years reveals some very disappointing facts. The worst has been the conversion of East Pakistan into Bangladesh, the biggest dent to …
Read More »Surging macroeconomic risks—A hindrance in Pakistan’s reserve course
CPEC related projects can help bring sluggish economy back to life World Bank has recently alerted that macroeconomic risks in Pakistan have increased considerably during the fiscal year 2017 while the external balance is specifically not safe given the continuous …
Read More »Deficits threaten Pakistan’s financial outlook in 2018
According to World Bank’s forecasts, owing to improved security and energy supply situation, economic growth in Pakistan is expected to increase from 5.2 percent in FY2017 to 5.5 percent in FY2018. This is contingent on the fact that growth among …
Read More »Paltry spending on health and education
If anyone visits hospitals and educational institutions operating in the public sector in Pakistan, highly depleted conditions establish two points: 1) paltry allocations for health and education confirm that the two sectors have remained on the lowest priority of the …
Read More »Dim expectation of meeting next export target
The persistent downward trend of the exports was substantially short of imports. This is something that needs urgent attention. Pakistan’s exports are on a decline, continuously for last three fiscal years. After achieving the record figure of $25.1 billion in …
Read More »Trends in Balochistan’s real estate – Gwadar developments stand the test of time
Constituting merely 2 percent of the country’s GDP, the real estate sector can still grow and account for 5 percent of GDP. Efforts should be made by the government to revive the real estate sector. The government spends more than …
Read More »Standstill textile industry need remedial measures
Pakistan is the world’s fourth largest cotton producing country but power and gas cuts have stopped exporters from producing their orders on time. Pakistan is the eighth largest exporter of textile products in Asia and employs 30 percent of the …
Read More »Pakistan-Indonesia political and economic relations
Pakistan and Indonesia are two friendly, brotherly countries enjoying historical deep rooted, time tested and all weathered friendship. Both countries are knotted with Islamic brotherhood striving for global peace, promoting tolerance, fighting to eliminate terrorism, extremism, intolerance and endeavoring to …
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