Tag Archives: development

  For the purpose of development, education is a factor which must be given importance. It plays a vital role and combats factors, which have a negative impact on society and which prevent it from flourishing. The provision of education not only helps to combat unemployment but it ensures a solid foundation within society, ensuring social equity, promoting tolerance and awareness along with building up self esteem. Unfortunately for Pakistan, …

  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 …

  The South Asian Association for Regional Cooperation (SAARC) is an organization of South Asian nations, providing for the promotion of economic and social progress, cultural development within the South Asia region and also for friendship and cooperation with other developing countries. It is dedicated to economic, technological, social, and cultural development emphasizing collective self-reliance. SAARC was established on December 8, 1985 and its seven founding members are Sri Lanka, …

  Construction industry is one of the largest sectors having a large number of sub-sectors which provide a massive support to the economic development of any country. A vibrant construction industry is bound to create millions of job opportunities in view of its alliance with a large number of sub sectors like cement, steel, woodworks, tiles, glass fixtures and a variety of other industries. In this backdrop an active construction …

  The underdeveloped province, Balochistan, has tremendous prospective for the growth of the economy as it’s economy is largely based on natural resources like production of Sui gas (a biggest gas field in Pakistan), coal and other marketable minerals, while fisheries, mining, manufacturing industries, trade through public and private organizations are the other possessions of this province making it rich in offering investment and can become a healthy marketplace provided …

  An educated middle class can play an important role in the development of Balochistan which is the largest but least developed province of the country. It still lacks a middle and urbanized class. Absence of middle class and urbanized leadership has provided rich grounds for growth and prevalence of tribalism and weak civil community promoted tribalism and feudalism. The government is not taking measures to encourage the growth of …

  If one looks at the composition of annual budget, one point is very clear that revenue collection is barely enough to meet the current expenditure. Often, amounts are borrowed to meet the shortfall and almost the entire developmental expenditures are financed through aid, grants and softer loans acquired from multilateral financial institutions. The budget for next financial year is not likely to be very different from the previous budgets. …

  The State Bank of Pakistan (SBP) has taken various measures to manage inflation and interest rate. In September 2013, SBP linked minimum rate of return on average balances held in saving deposits with the floor of the interest rate corridor, which means return on saving deposits cannot be more than 50 bps lower than the floor of the interest rate corridor, which is currently at 7.5 percent. This measure …

  If one looks at the composition of annual budget, one point is very clear that revenue collection is barely enough to meet the current expenditure. Often, amounts are borrowed to meet the shortfall and almost the entire developmental expenditures are financed through aid, grants and softer loans acquired from multilateral financial institutions. The budget for next financial year is not likely to be very different from the previous budgets. …

  The State Bank of Pakistan (SBP) has taken various measures to manage inflation and interest rate. In September 2013, SBP linked minimum rate of return on average balances held in saving deposits with the floor of the interest rate corridor, which means return on saving deposits cannot be more than 50 bps lower than the floor of the interest rate corridor, which is currently at 7.5 percent. This measure …