This Week – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 24 Sep 2018 12:05:30 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Regulating the unregulated real estate sector http://www.pakistaneconomist.com/2018/09/24/regulating-the-unregulated-real-estate-sector/ http://www.pakistaneconomist.com/2018/09/24/regulating-the-unregulated-real-estate-sector/#respond Sun, 23 Sep 2018 20:00:25 +0000 http://www.pakistaneconomist.com/?p=20725 With around 220 million people, Pakistan is amongst the most populous countries in the world where millions of people are still living without basic necessities including proper accommodation. Pakistan’s real estate sector is traditionally unorganized and is characterized by various factors that hinder its growth such as lack of uniform laws, non-availability of bank financing, …

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Role of migrants, remittances good chance in scaling up the housing sector http://www.pakistaneconomist.com/2018/09/24/role-of-migrants-remittances-good-chance-in-scaling-up-the-housing-sector/ http://www.pakistaneconomist.com/2018/09/24/role-of-migrants-remittances-good-chance-in-scaling-up-the-housing-sector/#respond Sun, 23 Sep 2018 19:59:00 +0000 http://www.pakistaneconomist.com/?p=20690 Pakistan’s housing backlog has reached almost 11 million units. Only one percent of the housing units developed annually cater to 68 percent of Pakistan’s total population, comprising people who earn a maximum monthly income of Rs30,000. On the other hand, almost 56 percent of housing units target 12 percent of the population, comprising individuals with …

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Pakistan sees huge expansion in cement industry http://www.pakistaneconomist.com/2018/09/24/pakistan-sees-huge-expansion-in-cement-industry/ http://www.pakistaneconomist.com/2018/09/24/pakistan-sees-huge-expansion-in-cement-industry/#respond Sun, 23 Sep 2018 19:58:42 +0000 http://www.pakistaneconomist.com/?p=20762 PSDP, CPEC with private housing schemes likely to push and growth and development of the sector Huge rising demand encouraged cement manufacturers to invest Rs254 billion for expansion of their production capacities from 49.4 million tons to 72.8 million tons in the next few years. Investment in various infrastructure projects under Public Sector Development Program …

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Affordable housing dilemma http://www.pakistaneconomist.com/2018/09/24/affordable-housing-dilemma/ http://www.pakistaneconomist.com/2018/09/24/affordable-housing-dilemma/#respond Sun, 23 Sep 2018 19:57:20 +0000 http://www.pakistaneconomist.com/?p=20764 Prime Minister Imran Khan has announced 5 million affordable housing program for the welfare of poor, low income families. Affordable Housing Act should include the promotion of general welfare of the poor and low income families by providing fund and credits to all 4 provinces to alleviate present and recurring unemployment. This program may have …

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Low cost housing solution: a distant dream or reality? http://www.pakistaneconomist.com/2018/09/24/low-cost-housing-solution-a-distant-dream-or-reality/ http://www.pakistaneconomist.com/2018/09/24/low-cost-housing-solution-a-distant-dream-or-reality/#respond Sun, 23 Sep 2018 19:56:37 +0000 http://www.pakistaneconomist.com/?p=20688 Low cost housing for a vast majority of the people poses an enormous challenge in terms of availability of affordable land and finances. The problem is rooted in socio-economic conditions and the solutions are handicapped by obstacles in the lending environment, made worse by speculative investments in real estate and lack of an ‘integrated, broader …

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Need of handy move for real estate and housing sector revival http://www.pakistaneconomist.com/2018/09/24/need-of-handy-move-for-real-estate-and-housing-sector-revival/ http://www.pakistaneconomist.com/2018/09/24/need-of-handy-move-for-real-estate-and-housing-sector-revival/#respond Sun, 23 Sep 2018 19:55:07 +0000 http://www.pakistaneconomist.com/?p=20692 The successive governments in Pakistan could not launch the housing schemes for the complex and time-consuming process the housing sector development involves. The country spends more than US$5 billion on construction from its annual development budget. The housing sector, however, gets less than half of the amount allocated for construction each year. Housing In view …

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Revised fy19 budget: can these measures turnaround the economy? http://www.pakistaneconomist.com/2018/09/24/revised-fy19-budget-can-these-measures-turnaround-the-economy/ http://www.pakistaneconomist.com/2018/09/24/revised-fy19-budget-can-these-measures-turnaround-the-economy/#respond Sun, 23 Sep 2018 19:54:41 +0000 http://www.pakistaneconomist.com/?p=20712 In an attempt to usher change in the way economy of Pakistan is managed, the incumbent government headed by Imran Khan has submitted some proposals to make some ‘desirable and people friendly changes in the budget 2018-19’ before the parliament for its formal approval. One must accept with open heart the effort being made by …

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Non tariff barriers in trade for protectionism http://www.pakistaneconomist.com/2018/09/24/non-tariff-barriers-in-trade-for-protectionism/ http://www.pakistaneconomist.com/2018/09/24/non-tariff-barriers-in-trade-for-protectionism/#respond Sun, 23 Sep 2018 19:53:12 +0000 http://www.pakistaneconomist.com/?p=20727 Exports compose ample role in liberalized economies. But Pakistan export growth has performed unimpressively over the last years, following the similar global trade patterns. Pakistan succeeded World Trade Organization in 1995 after GATT (general agreement on tariff and trade) ends; but country has been bearing continues trade deficit by importing manufactured and secondary goods since …

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Improvement in railways system in near future http://www.pakistaneconomist.com/2018/09/24/improvement-in-railways-system-in-near-future/ http://www.pakistaneconomist.com/2018/09/24/improvement-in-railways-system-in-near-future/#respond Sun, 23 Sep 2018 19:52:55 +0000 http://www.pakistaneconomist.com/?p=20760 Revamp of the Pakistan railways would be completed within the next 120 days. The proposal to introduce standard-gauge rail track in the country under the China Pakistan Economic Corridor (CPEC) projects is duly considered. Steps are under way to provide more facilities to rail passengers. In order to facilitate passengers with disabilities and the elderly, …

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To make Pakistan human capital equipped – education is a key http://www.pakistaneconomist.com/2018/09/24/to-make-pakistan-human-capital-equipped-education-is-a-key/ http://www.pakistaneconomist.com/2018/09/24/to-make-pakistan-human-capital-equipped-education-is-a-key/#respond Sun, 23 Sep 2018 19:51:27 +0000 http://www.pakistaneconomist.com/?p=20694 Pakistan is rich in natural resources. Only the educated, skilled and healthy people can make the best use of the enormous natural resources of the country. The better human capital equipped with education in science and technology can be instrumental in increased productively with modern technology in all economic sectors. This will enhance industrial productivity …

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