At present 50 percent of world’s electricity is being generated from coal and it is the one largest contributor to world electricity generation. By looking at the electricity generation mix of the countries that are blessed with coal, it is evident that coal is the largest contributor. It has been estimated that there are above 847 billion tonnes of proven coal reserves throughout the world. It is anticipated that …

  Pakistan’s major imports from China are machinery, chemicals, garments and other textile products, construction material, tiles, sanitary wares and crockery. Pakistan enjoys huge export potential to China due to its advantages in agriculture, minerals, chemical, textile and leather products. Besides Pakistan has comparative advantage of oil seeds, fruits, base metals, plastic goods and perfumery etc. A large number of Chinese companies are working in Pakistan in oil and gas, …

  A kind of service, providing persons with the needed finance to make personal purchases varying from buying a car to a house is identified as consumer financing. It is arranged into different types of products. Personal loans are provided for the payment of goods, services and expenses and comprise running finance and revolving credit to individuals. The idea of consumer financing is to provide consumers with financing support to …

  The monetary policy has been misused to a large extent. There was exploitation of the depositors’ money by the rich and powerful class in the absence of an effective central bank. The government enacted laws to give autonomy to the SBP in conducting an independent monetary policy in coordination with, rather than in subordination to fiscal policy, and to make the SBP the exclusive regulatory authority over the banking …

  A newly-formed commission set to undertake key mandates for long-term solution Despite being world’s eighth largest food producing country, Pakistan’s 50 percent of population is remained food insecure. Due to this, Pakistan is really facing a problem of hunger. Food insecurity is at present in many parts of the country and affecting almost of half of the population. This is evidenced from the fact that several children are digging …

  The future of Pakistan Steel Mills (PSM) remain undecided as the situation seems not willing to revamp industry, which was build and become much stronger for economic development of a country. PSM is one of several firms Pakistan put up for sale to revive loss-making entities that cost the government $5 billion a year. There are no successful plans observed to set this national institution on the revival path. …

  Handicraft sector of Pakistan has the prospective to bring in huge foreign exchange provided it is promoted through logistic support by the government. Through fairs and exhibitions, handicraft can play pivotal role in economic turnaround of the country. It can help attract foreign buyers and bring in much needed foreign exchange to the country. Germany and China economies are prospering today because of their own trade fairs and exhibitions …

  More people now die from air pollution than malaria and HIV combined: study More people now die from air pollution than malaria and HIV combined. According to recent statistics from the World Health Organization (WHO), compiled from more than 1,600 cities, three Pakistani cities are amongst the 10 most polluted cities of the world. The WHO surveyed the concentration of fine particles suspended in the atmosphere. It advises that …

  Pakistan is among the most densely populated countries of the world. Currently, over 200 million people reside here making it the 6th most populous country of the world. People belonging to various casts, culture and color can be found. The overall literacy rate has always been a huge concern here. Pakistan has one of the lowest literacy rates in the world and according to the United Nations Educational, Scientific …

  In Pakistan education is particularly for those who can pay millions of rupees in a year and who can have enough money for high quality tuition facility otherwise. Schools prefer those parents’ children who can afford exorbitant fees like extra-curricular fees, sports fees and a sufficient amount in the bank account. Poor talented students of our beloved country have no basic facilities and are obliged to work as a …