Yearly Archives: 2017

Quaid’s vision of federation

Quaid’s vision of federation

This year, Pakistan is celebrating 141st birth anniversary of Quaid-e-Azam Muhammad Ali Jinnah from 20th December to 31st December as part of 70 years celebrations of Independence of Pakistan with national zeal under the theme “Hamara Quaid and Main Hun Quaid Ka Pakistan”. This is the right time to highlight …

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A great leader of a great nation

A great leader of a great nation

On 28th November, 2017, the mayor London, Sadiq Khan, unveiled a bronze statue of Quaid-e-Azam in the British Museum. The statue was unveiled to commemorate the 70th Independence year of Pakistan and the tremendous personality that was Muhammad Ali Jinnah on the occasion of 25th of December, his date of …

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Prospective avenues for investment in 2018

Prospective avenues for investment in 2018

In the wake of widening external deficits, dwindling reserves and uncompetitive exports in the back drop of political uncertainty, the million-dollar question that arises is where to invest in 2018? Well, definitely not the Bitcoins, at least till the time it is recognized as a currency. While the economic managers …

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Key events in 2017 around the world

Key events in 2017 around the world

PARIS: From the inauguration of US President Donald Trump, to record hurricanes, here are the 12 key events which marked 2017: A year of Trump On January 20, Republican billionaire Donald Trump, 70, is inaugurated as the 45th US president, vowing to follow a policy based on “America first”. Suspicions …

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Review of key sectors of Pakistan economy

Review of key sectors of Pakistan economy

A quick review of the regulatory developments during 2017 suggests that these played a key role in shaping the performance of Pakistan’s economy. The key sectors benefitting from various policy actions taken during the year under review included: 1) Textile — benefiting from export package offering various incentives to the …

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Crests and troughs in the banking sector during 2017

Crests and troughs in the banking sector during 2017

Review of banking industry In order to propel economic growth, the State Bank of Pakistan has recently identified three priority areas for extending loans — agriculture, SMEs and low-cost housing finance with focus on financial inclusion and Islamic banking. Right mix of agriculture sector policies can give an immediate push …

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Impact of rising oil prices on Pakistan

Impact of rising oil prices on Pakistan

Historically Pakistan has remained a net importer of crude oil and petroleum products. The rising trend in international oil prices is likely to erode country’s paltry foreign exchange reserves. The depreciating local currency offers an opportunity to the government to increase petroleum prices, which will also increase collection of levies …

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Energy situation – The way forward

Energy situation – The way forward

The present government is talking much for the energy crisis. Their statements look more like political slogans and nothing are passed to the customers yet. Despite of many announcements, the public is still facing the electricity load shedding problem. The government policies are not consistent, one day; one department announced …

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Commemoration of a visionary Mr. Rafi Butt

Commemoration of a visionary Mr. Rafi Butt

As the year 2017 comes to an end, Pakistan remains inflicted with dire prospects. Political instability, unemployment, economic degradation, terrorism, illiteracy and corruption are among the major challenges posing grave threats to progress and prosperity. The whole nation is in a reactive and fire-fighting mode. In such times, it is …

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Banking sector in a healthier position

Banking sector in a healthier position

Although the banks have made less profit than last year even then they are healthier in all respects. The balance sheets have built up, except for, the lone HBL affair that led to some weakness in solid indicators and equity base. Less than normal seasonal fall in advances along with …

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CPEC carries growth and future of industrialization in Balochistan

Industrialization in Balochistan on the cards

Balochistan is a strategically located province. The ongoing mega development projects like Gwadar deep-sea port would make the province a hub for regional transport and more effectively for land locked Afghanistan and Central Asian states. This would accentuate the existing road network in Balochistan. Therefore Balochistan urgently needs a mega …

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