The Executive Board of the International Monetary Fund (IMF) on 19th December 2019 completed the first review of Pakistan’s economic performance under the Extended Fund Facility (EFF). The completion of the review allowed Pakistan to draw SDR 328 million or US$ 452.4 million, taking total disbursements to SDR 1,044 million …

Pakistan’s economy in 2019 faced many challenges like trade, current account and budget deficits, increase in electricity and gas prices, high inflation and political situation of the country. Trade deficit is continuously increasing; government is trying to control this as well by taking various measures. In 2019, government took various …

The economy of Pakistan experienced adjustments during fiscal year 2019, which includes — the exchange rate was realigned with the market fundamentals; interest rates were sharply increased; Public Sector Development Expenditure was significantly curtailed and energy prices were raised. These measures were taken to manage the twin deficit crisis, caused …

Every year the new year resolutions are being made, only to be broken especially weight loss, diet control. As a nation we need to make long lasting and out of box resolutions for the coming year but vow not to lose sight of the achievements we need to make for …

“Every Political Struggle has economic roots- Universal principles of Scarcity of Resources and struggle for Economic Interests govern the outcome of Conflicts” Adam Smith Research is creating new knowledge by seeing what everyone else has seen but deducing results and lessons by construing what no one else has thought. An …

The Gwadar port in Balochistan ultimately went operational for export this month. This was the great news for the country’s economic jubilation in the year-end bearing future prospect. With a functional Gwadar port, the burden on the Karachi port will reduce. Gwadar port is the essential part of the China-Pakistan …

The degree of income inequality is taken as one of the parameters to determine level of poverty in a country, but while probing into the causes of income inequalities one comes to know of factors totally out of control of individuals and nations as a whole responsible for reproducing inequality …

The year 2019 witnessed a mix of some predictable events—such as Organization of Petroleum Exporting Countries (OPEC) and Russia extending their cooperation pact, but a few unpredictable i.e. attacks on Saudi oil facilities and ships carrying oil. Many of the geopolitical issues lingering on in year 2020 could take unpredictable …

At the conclusion of the Islamic summit in Malaysia, Prime Minister Mahathir Mohamad praised Iran and Qatar for withstanding economic embargoes and said it was important for the Muslim world to be self-reliant to face future threats. He said “With the world witnessing nations making unilateral decisions to impose such …

“A hero is a selfless generous spirit who just tries to give back as much as possible, saves people and deeply cares” C. S. Lewis The 26th Day of November marks the death anniversary of a gallant leader Mr Rafi Butt who dedicated all his wealth and faculties for furtherance …

In its first full year of rule, PTI government lead by Imran Khan introduced a number of regulatory actions in CY19, mostly to comply with the conditions imposed by International Monetary Fund (IMF) to remove macro imbalances and structural issues in the energy chain. Major regulatory actions include: 1) adoption …

Pakistan faces new challenges and emerging issues in the highly competitive world of consumer products, which is more complex, well-connected and fast-moving than ever. Whereas, it creates enormous opportunities, it also enhances risk factors. The products and services actually constitute the consumer sector. The products sold directly to consumers are …