The current government has completed hundred days milestone with mixed performance. Most of the economic indicators are not very encouraging and no significant improvement in any area in the macro-economy was witnessed despite sincere efforts by the new government. Pakistan’s …
Read More »Prioritising in times of Crisis (Facts & Figures)
Pakistan’s external debt servicing (Principal + Interest) (Million US$) Description FY – 17 FY – 18 Principal Interest Total Principal Interest Total A. Public debt (1+2+3) 5,127 1,400 6,526 4,191 1,787 5,977 1. Government debt 5,127 1,227 6,354 4,105 1,555 …
Read More »Turkey’s lira crisis: ‘economic war’ sees Erdoğan look east for new allies
Global markets are on edge once again, this time thanks to the Turkish lira. It crashed more than 15% against the US dollar, euro and pound sterling on August 10 and continued to fall when markets reopened after the weekend …
Read More »The world’s economic crisis-fighting mechanisms are dangerously inadequate
It was only in January that the International Monetary Fund (IMF) was celebrating the strength of the global economy, heralding “the broadest synchronised global growth upsurge since 2010”. How quickly things have changed. Argentina has since sought a bailout from the IMF, Turkey is …
Read More »Hard time to meet water requirement in Pakistan
Statistics show that water crisis is not just an issue in Pakistan but it is also becoming a worldwide issue. According to the statistics published in the United Nations World Water Development Report 2018, the worldwide demand for water has …
Read More »5 ways the Fourth Industrial Revolution could end water insecurity
The global water and sanitation crisis is not a new story. Each World Water Day we review the sobering statistics with which we are becoming all too familiar: the expected 40% gap in global water supply and demand by 2050. …
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