Lifting of sanctions to formalize $3-4 billion informal trade between Pakistan and Iran The historic deal between Iran and P5+1 promises an end to multiplier sanctions imposed by USA, UN and EU since the start of Iran’s nuclear program, likely to bring manifold impact on Pakistan’s overall economy. This historic development, which is most important for Pakistan and other countries in the region will have a positive impact on …
Read More »Pakistan among highest charity giving nations
Muslims give more money to charity than people of other religions. More than three in 10 Muslims, Catholics and Jews donated money during 2012, ICM Research found. Followers of Islam gave an average of $567 compared to Jewish givers who donated around $412; according to the survey of just over 4,000 people in the UK Christians gave considerably less. Protestants donated an average of $308, while Roman Catholics gave …
Read More »Overview of Pakistan federal budget 2015-16
The latest federal budget for the fiscal year 2015-2016 has been recently revealed out of which the outlay is 91 per cent higher than what was revised earlier in the fiscal year. The Finance Minister, Mr. Ishaq Dar presenting the budget 2015-16 to the National Assembly claimed that the budget does include measures with respect to employment, improving the exports of the country as well as focusing on helping …
Read More »Pakistan has become an attractive telecom market for foreign and local firms
Pakistan is rapidly evolving as one of the telecom sector’s key investment prospects. The telecom sector has witnessed a significant year-to-year growth in the country. About 90 percent of Pakistanis live within areas that have cell phone coverage and more than half of the total population has access to a cell phone. The country’s telecom infrastructure is improving dramatically with foreign and domestic investments into fixed-line and mobile networks; …
Read More »Industrial development in Pakistan: issues and challenges
With a population of 180 million, a geo-strategic location, the required human resources and natural endowments, Pakistan has all the potential to grow as a developed industrial national. Unfortunately, it is still a developing nation even after lapse of more than six decades since it appeared on the world map as a sovereign and independent nation. Having rich in natural resources, the country has been going through major challenges …
Read More »Pakistan broadcasting corporation keeping country’s history and novelty intact
In Pakistan, Pakistan Broadcasting Corporation (PBC) or Radio Pakistan is a public radio broadcasting network and is also a mass-media state-owned huge corporation. PBC offers a broad range of news and radio services which are broadcast in Internet, TV and radio, outside the country in ten dissimilar languages. Pakistan broadcasting’s programs served as mission idea to entertain citizens by cultural features, music, and plays, while educating the international spectators …
Read More »Concern behind China-Pakistan economic corridor
The People’s Republic of China has reaffirmed its commitment for the multi-billion dollar project of China-Pakistan Economic Corridor (CPEC), in a letter from the Chinese President to the Pakistan premier, which further reinforce the friendship between the “iron brothers”. On the other hand, Prime Minister of Pakistan ordered Cabinet minister to remove all the “irritants” as described by Minister for Planning and Development and take them into confidence, in …
Read More »Education holds the key to human development
Pakistan is rich in natural resources and to make the best use of the enormous natural resources, the country not only needs skilled and healthy people but educated person get much appreciation as the better human capital equipped with education in science and technology can be instrumental in increased productivity with brining in modern technology in all economic sectors. This will together enhance industrial productivity and increase exportable output …
Read More »Vision of federation in Pakistan resolution
Today, Pakistan is beset by multi-dimensional challenges. The nationalism must replace sectarianism and parochialism and similarly, peace and tolerance should replace terrorism and extremism. These miracles are possible if all segments and institutions of society stand unanimous and united on one national agenda of strengthening Pakistan. The country needs to activate the forces of national cohesion and weaken the forces of national disintegration. Today, when the nation is celebrating …
Read More »Solution to Pakistan’s energy crisis
Pakistan a nation with sized land area, population and economy. The country has lots of sun with density higher than many of the Asian countries. The country is facing a huge problem of energy, which has affected both the agriculture and the industry. With shortage of funds and lack of knowledge in the energy sector, too much of the bureaucratic thinking has caused lots of frustration among the people …
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