Whenever thinking about investing, one thing that pops up in most people’s minds is real estate. Even in the time of recessions, real estate can offer some great investment potential. While most people think that real estate investment is solely about buying homes, apartments and flats, or commercial property, there is another side of real estate that the investor can take advantage of, even with a small investment– plots and …
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Pakistan is one of the major beneficiaries of foreign remittances, whereas the volume of foreign remittances to Pakistan has also increased in recent past. The growth of these flows has outpaced Foreign Direct Investment (FDI) and official development assistance to the country. Pakistan started to export manpower abroad particularly in the Middle East countries following oil price boom in the early 1970s. Because of labor shortage in the Middle East, …
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These are extraordinary days where extraordinary steps and out of box solutions are required. Budget deficit was estimated around 7.2 percent in fiscal year 2019-20 which is around 8.9 percent; likewise budget deficit is being estimated at around 9.1 percent which will cross 10 percent when the actual numbers will be calculated in 2021. Pakistan’s public debt has risen by almost 40 percent in the past two years; from Rs. …
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For the first time in the history of National Electric Power Regulatory Authority (NEPRA), Pakistan’s power sector regulator organized the Energy Week from 24-28 February 2020 in Islamabad. Five full days were dedicated to discuss various aspects of the power sector with the objective to listen to the views of sector experts; to figure out the most suitable and efficient solution of various challenges currently Pakistan’s power sector is facing …
Read More »Pakistan’s achievements in income, consumption, agriculture and industrial production are extremely impressive and have lifted millions of people out of poverty levels. However, the achievements do pale when looked against the missed opportunities. Pakistan faced numerous economic issues in 1947 because India refused to give Pakistan its share of sterling reserves. The situation was so bad that Pakistani government couldn’t pay salaries to its employees. Pakistan was way behind …
Read More »Pakistan economic growth might be slow but Pakistan’s retail market is one of the fastest growing economies in the world. Pakistan presents a huge opportunity to the world, to use as a hub provided it provides a few basic facilities. Pakistan’s retail market has experienced enormous growth in last decade. The most significant period of growth for the sector was between year 2004 to 2008, when the sector revenues …
Read More »Agriculture is the backbone of Pakistan’s economy. Pakistan is one of the largest producers of fruits and vegetables in the world besides being the largest overseas exporter of cotton and other agri products. It accounts for around 21.4 percent of GDP and about 45 percent of Pakistan’s population depends directly on agriculture. It is claimed that Pakistan is always governed by big landlords yet agriculture sector remained worst hit …
Read More »Microfinance in Pakistan has had a significant shift from the days when microfinance was being discussed as the next big innovation to address the poverty issues in Pakistan to being discussed in terms of the next big investment opportunity. The perception of microfinance in Pakistan has undergone a fundamental change in more than a decade of its evolution. The microfinance sector in Pakistan has developed a successful and sustainable …
Read More »Pakistan is one of the countries, where there is corruption, poor control of public funds, lack of accountability, abuses of human rights and excessive military influence and consequently public development inevitably suffers. The biggest problem is bad governance, which is creating all sorts of issues the masses are facing today. Issues of energy, education, health and law and order can be solved easily if Pakistan has good governance in …
Read More »Stable foreign currency exchange rate and foreign currency reserves are one of the critical aspects for Pakistan’s ability to engage in commerce with other countries. Volatility in the exchange rate is increasingly being recognized as a concern for Pakistan’s economy. The Pak rupee has depreciated significantly against the US dollar marking a new risk for Pakistan’s economy. After maintaining a range bound movement from 2009 to 2011, the rupee …
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