Pakistan has everything that is needed for the modern agriculture –from all 4 seasons (which serve to provide plenty of farming opportunities) to 47.79% of agricultural land, abundant water and hardworking labour force. It is one of the world’s top …
Read More »Pakistan has sizeable growth in many sectors amid world economic limbo in 2020
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 …
Read More »Year 2021 will replace negative expectations with positive ones
Interview with Mr Barkatullah Lone – Chairman, GB International Economic Forum PAKISTAN & GULF ECONOMIST had an exclusive conversation with Mr. Barkatullah Lone about the impact of coronavirus on the economic growth as well as the current state of the economy …
Read More »Digital payment services changing the way economy works
A recent report of World Bank titled Digital Pakistan in Covid-19 Environment advocates for IT and IT enabled services, automation and artificial intelligence, which can play a more prominent role to put the economy of Pakistan back on track. In …
Read More »Green Banking – a new frontier for the banks in Pakistan
State Bank of Pakistan (SBP) through its recent initiatives and actions has focused its attention on finance-deficient areas such as financial inclusion, low cost housing facility, agricultural credit, SME finance and most importantly, the Green Banking phenomenon. In accordance with …
Read More »Tight economic situation
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 …
Read More »Review on the growth of small and medium enterprises
Analysis of Economic Survey of Pakistan released during FY2019-20 recorded that the Small and Medium Enterprises Development Authority (SMEDA), the apex SME development organization of the government, has an all-encompassing mandate of fostering growth of the SME sector in Pakistan. …
Read More »What you need to know about economic growth, revival and transformation
COVID-19 has had a severe impact on the global economy, and the business community is most concerned about the impact of a prolonged recession. By focusing on the direction and speed of economic growth – and the impact on people …
Read More »Banking on remittances in the wake of deteriorating macroeconomic indicators
As the economy moves towards the end of FY20, it continues to face high uncertainty owing to the challenges posed by the COVID-19 pandemic on several economic fronts. High levels of uncertainty are also reflected in recent State Bank of …
Read More »Digital and legally vibrant model of remittance need of the hour
Interview with Agha Shahab Ahmed Khan – President, Karachi Chamber of Commerce & Industry PAKISTAN & GULF ECONOMIST had an exclusive conversation with Agha Shahab Ahmed Khan vis-à-vis foreign remittances. Following are the excerpts of the conversation: Remittances play a key …
Read More »High time to involve women in entrepreneurship for a sustainable economy
Speaking at the recent launch of a new financing programme titled “Women Ventures” (WV) by Karandaaz Pakistan, in collaboration with the UK Department for International Development (DFID), aimed at improving access to finance for women-led businesses, former State Bank Governor …
Read More »Banks post mixed results
During 2020 State Bank of Pakistan (SBP) has reduced interest rate, which is likely to impact earnings of commercial banks. Banks were also stopped from disbursing dividend and issuing Bonus Share to facilitate ample liquidity is the system. Over the …
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