Tag Archives: development

  The National Economic Council has approved National Development Program for FY2015 at Rs1,175 billion, which is larger by 1.7 percent when compared to budget predicted in FY2014. Total National Public Sector Development Program (PSDP) for FY2015 is 4 percent of GDP. The development program of FY2015 comprises of Rs525 billion as federal PSDP counting international aid of Rs102 billion and Rs650 billion for provincial ADPs counting Rs90 billion international …

  Education is a basic right for every human being and the social progress is now measured with the help of educational standards of any nation. It is surely a key to the political, social and economic development. Education is most essential element of life. Now education is considered as a first step for every human activity. It plays an important role in the development of human capital and is …

  The general perception in the country is that Punjab is a better managed province, its economy is robust and provincial government headed by PML-N being in power for over two decades has been performing better. However, some cynics say it is only propaganda because except a few mega cities rest of the areas continues to suffer from contentious issues plaguing economy. There is also apperception that mega projects are …

  The importance of Pak-China cooperation in infrastructure development can be best understood if one goes through the Indian opposition of Chinese support for Gwadar port. Although, India itself is helping Iran in construction of Chabahar port, located at a distance of around 70 kilometers from Gwadar. It seems that India is fully aware of the fact that Pakistan offers the shortest and cost effective route to Central Asia via …

  An efficient and cost-effective logistics and infrastructure system not only generates economies of scale, but also creates a favorable global image of an economy. And a favorable image means more global linkages, more international business and more foreign direct investment. On domestic side too, sound logistics and infrastructure mean enhanced mobility of goods and services, which is so important for the marketing system to operate efficiently. Logistics and infrastructure …

  No doubt, literacy rate is one of the significant indicators of education as its development is probable to have a long run impact on other significant indicators of nationwide welfare. Punjab, Pakistan’s greatest province, has taken various education reform measures to enhance outcomes. However, about a quarter of school age children are still not attending school either because they never enrolled or because they dropped out early. Low transition …

  The development of small and medium-size enterprises plays a pivotal role in the growth and prosperity of nation. Although, the large-scale corporations mainly industrial concerns contribute sizably to the GDP and other economic variables of prosperity but the significance of SMEs is widely recognized around the world. In any economy, SMEs make a substantial contribution towards GDP, revenue collection in the form of taxes, fostering entrepreneurship income generation, skills …

  Pakistan’s port city of Gwadar having special significance, with reference to its geography and potential for development of trade links with Central Asian Republics (CARs), Persian Gulf, East Africa, United Arab Emirates and North Western India and by virtue of its important location and development projects is poised to turn into cities like Singapore, Hong Kong, Colombo and Dubai. This seaport project has entered the second phase of development …

  Year 2015 saw major developments in Pakistan’s energy sector when investors found more opportunities and the country emerged as a potential buyer of gas on the world energy map. Oil consumers got a big relief as global crude prices plunged more than 50 percent, but there was no end to the sufferings of gas consumers who continued to face load-shedding in winter. In an effort to meet growing demand, …

  Balochistan is a strategically located province. The ongoing mega development projects like Gwadar deep-sea port would make the province a hub for regional transport more effectively for land locked Afghanistan and Central Asian states. This would accentuate the existing road network in Balochistan. Therefore Balochistan urgently needs a mega road sector development project to cope with the new circumstances after the completion of mega projects in the province and …