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Advantage & disadvantage of online banking

  Worldwide, governments transfer trillions in cash for salaries, pensions and welfare payments to persons, Pakistan is no exemption. Automating government to Person (G2P) presents tremendous merits. Firstly, the government can save great sums of amount. Secondly, recipients will have advantage from rapid payments with few leakages in the system. Most significantly, a growing body of evidence explains that with suitable delivery replicas, (G2P) payments recipients can be simply brought …

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Investment opportunities, challenges and threats

  Size of Pakistan’s GDP and its growth rate is dismal when compared with the potential. While it is true that smaller size of GDP is due to lack of documentation, the most disappointing fact is that the successive elected governments have opted for policies that could help them in attain ‘political mileage’ rather than introducing policies that could ensure sustained development. These governments have been following policies dictated by …

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Reasons behind Pakistan’s lower GDP

  For the fiscal year 2014, the United Nations Economic and Social Commission for Asia and the Pacific have projected the country’s GDP to pick up to 4.1 percent. A report launched by UNESCAP stated that in the recent months, positive changes had been experienced in the economy of the country which included an improvement in the growth of large scale manufacturing industries; appreciation of the local currency; increase in …

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Pakistan enjoys unique position among South Asian countries

  The term South Asia commonly refers to seven countries namely: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. These countries are also part of South Asian Association for Regional Cooperation (SAARC), a bloc established in 1985. Afghanistan has been included as 8th member of SAARC in 2006 and China, Iran and Myanmar are also seeking full member status of the bloc. According to various reports SAARC member countries …

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Balochistan can become center of branded fruit products

  Known as the country’s fruit basket with having ideal environment of producing huge quality products of fruit with different varieties, we can add value of Balochistan’s fruit exports by taking brand name in jelly, juices and other fruit-related products worldwide if the proper guidance and policies be implement for economic development of the province which would give further boost to the country’s exchequer. By promoting brand culture, we can …

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Brands had a great influence on the mind of people

  Today the people are becoming highly brand conscious and as per increase in social mobility the concept of buying branded products gaining its roots to every walks of living beings as these available trade names had a great influence on the mind of people despite inflation, high tariff of utilities and host of other reasons hinder these branded products to get due share in the market. Renowned brand labels …

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Why breakthrough drugs are not encouraged in Pakistan?

  11 million suffer from hepatitis, 120,000 die of diabetes every year in Pakistan It is shocking to note that over 11 million people suffer from deadly disease of Hepatitis-C while average deaths number are due to diabetes affecting around 120,000 in Pakistan. Globally, new drugs are coming down the pipeline promising help to patients with serious medical conditions but unfortunately Pakistan is a unique case where several issues put …

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How to triumph over problem of poverty in Pakistan?

  Considering dollar 2 a day be the minimum daily wage, then a majority of the population of Pakistan is unfortunately living below the poverty line as these daily earning amount is not enough to meet the expenses of a family and not even fulfilling the need of a individual of this country. The poverty line is the distinction which separates those in the country who are poor from those …

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Economic progress of Pakistan since 1947

  Pakistan has witnessed progress since independence when it comes to development of infrastructure and industries. Pakistan is recognized as a major textile exporter. Being an agrarian economy, the country is self-sufficient when it comes to food requirement, which is a plus factor. Through progress is seen with setting up of industries, infrastructure, commercial and residential properties, corruption and mis-management has made the progress slow. Political unrest and blame game …

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SMEs An effective tool for poverty alleviation

  The Small & Medium Enterprises (SMEs) considered as backbone of large scale industries and in fact can play an effective role in reducing poverty, which is increasing to an alarming scale in Pakistan. It is painful to see that even after 68 years of creation of Pakistan the dream of a peaceful, prosperous life with equal opportunities to every Pakistanis still seems to be a distant dream. It is …

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