Tag Archives: Economic

Interview with Muhammad Farooq Afzal — President/CEO, ITN Group of Companies PAGE: How would you comment on the socio-economic development in Pakistan over the period of last 7 decades? Muhammad Farooq Afzal: Pakistan has progressed from a low-income to a lower middle-income …

Interview with Mr Ashfaq Yousuf Tola – President, Tola Associates PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr Ashfaq Yousuf Tola regarding Workers’ Remittances, Tax Revenue Collection, Foreign Direct Investment, Balance of Trade in Goods and Balance of Payment. …

Lower interest rate, resolution of circular debt, enhancing exports, and spotlighting on digitalization the positive steps for progress Need for improvement in agriculture research to compete advanced marketplace Government and private sector must stay on same page to achieve demand …

Prime Minister claims that the government has created financial discipline for the first time in the history of the country whereas current account is in surplus for the first time in last 17 years. International media is praising Pakistan on …

Various studies identify that women’s empowerment is a procedure of social and personal change, taking place over interlinked and mutually reinforcing political, psychological, social and economic domains, and by which women individually and collectively gain power, meaningful selections and control …

As private capital flows have fallen, the International economists reveal that workers’ remittances have become an increasingly prominent source of external funding for various developing states. They have also revealed that international migrants contribute positively to economic growth in their …

The studies identified that countries should strive to promote a wider use of bank deposits not only to aid economic development and poverty alleviation but good to complement the mainstream macro prudential strategies to improve financial stability in a country. …

Economic structures Agriculture accounts for 25% of the country’s total economy. The main crops are cotton, rice, wheat, sugarcane and corn. Pakistan is also an exporter of fruits and aquatic products; industry accounts for 24% of the total economy, textiles …

During the recent past season of monsoon, which saw record-breaking rainfall in Pakistan, it saw people indulging and focusing on hurdles in the big cities with facilities and luxuries. Mass debates were held to discuss the facts of life and …

Freedom is a feeling, a way of expression, an act of doing something with certain limitations or is it scope beyond these words? The Constitution of Pakistan provides for fundamental rights, which include freedom of speech, freedom of thought, freedom …

The disposal of plastics is a global problem. They are nearly indestructible in natural conditions but are discarded worldwide on a large scale. The world produces around 359 million metric tons of plastics each year. Nature cannot address the amount …

According to World Bank data published in 2019, global remittances totalled $689 billion in 2018, up from $633 billion in 2017. Of that total, $529 billion flowed into low and middle-income countries. The upsurge in remittances was driven by increasing oil prices …