As the sun rises in 2024, Pakistan’s economic horizon paints a picture of mixed signals and a slow, bumpy climb towards recovery. For entrepreneurs, both corporate veterans and aspiring startups, this presents a landscape brimming with both potential and pitfalls. Understanding the current economic terrain and its nuances is crucial to navigating this path and seizing the opportunities that lie ahead. Navigating the mixed signals Pakistan’s GDP contracted by 0.6% in FY2023, leaving scars on the economy. However, there are early signs of a rebound, with Q1 of FY2024 witnessing a 2.1% growth. While forecasts remain cautious, with the World…
Author: Kapeel Kumar
Need to change infrastructure, governance and adopt new technologies Govt must implement the policies outlined in NSP-2022-2026 Pakistan has a long history of providing healthcare through the public sector. However, in recent years, the state of health in Pakistan has been declining. This is due to a number of factors, including the poor infrastructure and governance of the public healthcare system, the increasing cost of healthcare, and the growing burden of chronic diseases. A healthcare system is one of the most essential pillars of any country. Two parallel systems exist in the healthcare system of Pakistan. One consists of public hospitals…
“The tech industry is constantly evolving, and it’s important for businesses and individuals to stay up-to-date on tech news and the latest trends. By doing so, they can position themselves to succeed in the years to come.” The world of work is changing rapidly, and Pakistan is no exception. In recent years, the gig economy has grown significantly in Pakistan, with an increasing number of people choosing to work as freelancers or contractors. This trend is driven by several factors, including the rise of technology and the challenges posed by the country’s education system and limited job opportunities. The gig…