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 …

  Pakistan is facing lot of problems, like unemployment and slow growth in agriculture sector, etc. At this critical time we have to look seriously at different sectors of the economy that have the viability to provide employment to the million of unemployed. The higher employment growth possibility lies in the modern high technology industries but it is also present in the labor-intensive industries of the traditional small enterprise sector …

  Economic analysts are clearly divided into two distinct groups, one that believes small and medium enterprises (SMEs) are the real driver of economy and another that believes that conglomerates are the real creators of value. Some management gurus believe it is only the perception but both are so minutely intermingled that one just can’t survive without other. They also believe that better these enterprises understand needs of each other …

  Pakistan has come a long way in the past decade in terms of higher education than any other era in its history. The growing population and a large, emerging block of youth made it imperative to bring educational reforms. New universities throughout the country have greatly helped in shouldering the responsibility of educating young minds and bring a relief in the highly competitive admission process. TPS has had a …

  The successive governments in Pakistan have been focusing on industrial sector and ignoring agriculture. The focus remained on import substitution rather than exploiting comparative advantage. This is evident from the fact that crop yields in Pakistan are lowest, even below those achieved in India. Both the countries enjoy similar land and climatic conditions but India has been focusing more on improving yield and has been successful to a large …

  The current financial year (2012-13) is likely to close on a pessimistic note with: 1) looming balance of payments crisis, high budget deficit, exports proving dismal for financing imports but above all country continue to suffer from ‘trust deficit’. The conditions are marred by general elections for the time being because the caretaker government has no mandate to take some crucial decisions, including finalizing terms and conditions for the …

  New leadership is expected to bring change, a shift from the existing position of Pakistan. Each government must put people first where politicians make every effort to promote law and order issues, social justice and equality among the people. What the country needs is governance, which so far is only practiced in organizations rather than the government. Governance incorporates the sense that needs of the people are met including …

  Pakistan is not likely to achieve more than 3 percent GDP growth during the current financial year. Economic growth of next financial year is also be marred because of formation of the new elected government and coming up with appropriate policies to turn around the economy. The issue of potential default has been overcome with the commitment of the IMF to provide US$5 billion under Extended Financial facility (EFF). …

  There is no doubt that Pakistan suffers from cost pushed inflation. Any hike in the global prices of crude oil, crude-based raw materials and edible oil push inflation. The impact becomes even more pinching when Pak Rupee faces erosion in value against other major currencies. At present Rupee value is on the decline due to erosion of Pakistan’s foreign exchange reserves. Though, the central bank has been intervening regularly …

  Tea was discovered around 5,000 years back and is considered to be the oldest prepared beverage. The tea plant originated from South East China and slowly spread to Indo-Pak subcontinent, Sri Lanka and further into tropical and sub tropical countries. Tea is available in black, green, yellow and in white colors. The tea tree, under raw conditions, can reach up to 10 to 15 meters. Tea trees are grown …