As the year ended amidst political uncertainties and disruption in financial management due to the absence of a full-fledged Finance Minister the challenges ahead for Pakistan’s economy has touched unprecedented height and therefore, requires a very careful planning and cautious …

Highlights of 2017 8.5% growth in Large-Scale Manufacturing (LSM) Inflation rate of 3.9% Super strong growth in lending to the private sector 74.4% growth in Foreign Direct Investment (FDI) worth $939.7 million 19.5% growth in the Federal Board of Revenue …

Once upon a time, Pakistan Muslim League headed by Mian Mohammad Nawaz Sharif raised the slogan of ‘breaking the begging bowl’. However, after creating history and becoming Prime Minister of Pakistan for the third time, his sole objective seems be …

Microfinance Microfinance is just one tool in the war against poverty. For microfinance to be successful at poverty reduction, it must be used in conjunction with education, health and other social interventions. Microfinance becomes a multiplier force in such a …

One completely fails to understand the reasons behind Government of Pakistan’s reluctance in approaching the lender of last resort International Monetary Fund (IMF). It goes without saying that borrowing from any source, other than IMF, is highly expensive. However, it …

Pakistan is, and has been, a highly consumption-oriented society. The much lower level of investment in Pakistan reflects, in large part, a much lower level of national savings. The ratio of gross investment to GDP has averaged 15percent since 2010 …

Almost two years earlier Brent crude oil prices were at low $27.88 a barrel in January 2016 and 11 months down the lane prices are hovering around $55 and throughout 2017 prices of Brent crude oil spot prices is at …

China-Pakistan Economic Corridor (CPEC) has the potential to usher in a new era of economic progress and prosperity for both countries benefiting the whole region as well. Work on $47 billion CPEC is currently underway. Gwadar Port in Balochistan is …

The number of patients suffering from Hepatitis C virus (HCV) disease continues to rise and the disease is becoming a major health hazard. Pakistan has the world’s second highest prevalence of Hepatitis C while Egypt occupies the first position in …

Pakistan’s wheat production can be increased by expanding wheat cropping area in Balochistan, which is the country’s largest province with respect to its landmass. According to one estimate, out of the total geographical area of 34.719 million hectares, the province …

The International Labor Organization (ILO) has warned that the growth rate of the available work force shall exceed the rate of job creation. Million more people will become unemployed in 2018. A further increase to the figures carried over from …

New Mobile-Wallet Scheme facilitates Pakistanis abroad in swift, convenient and cost effective manner Interview with Mr Tariq Malik – President, Korangi Association of Trade & Industry (KATI) PAGE: What are your views on the economy of Pakistan? TARIQ MALIK: The economy …