He was transferred to a military ambulance that broke down after running a few paces. It took two hours to replace it and by this time the oppressive heat and swarm flies had exhausted Jinnah (Father of the Nation). He passed away in dignity after reaching his official residence. His absence left an agonizing imprint on the future course of Pakistan, something that he, himself feared but could do little to prevent. …
Read More »Core-inflation, direct cash subsidy to exporters need to be focused
Interview with Mr Ashfaq Yousuf Tola – President, TOLA ASSOCIATES Pakistan & Gulf Economist had an exclusive conversation with Mr Ashfaq Yousuf Tola regarding inflation. Excerpts of the conversation are as follows: According to the Pakistan Bureau of Statistics, the Consumer Price Index Inflation, on a year-on-year basis, has increased by 12.40% in Feb 2020 against an increase of 6.80% over a year ago. On a month-on-month basis, the CPI inflation …
Read More »SAARC
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, …
Read More »SAARC region needs inclusive economic growth
Pakistan keen to build TAPI for the benefit of the region The Prime Minister of Nepal Mr. Sushil Koirala has rightly pin pointed with a wake up call that despite remaining in proximity, the countries in the South Asian Association of Regional Cooperation (SAARC) region did less than 5 percent trade among them as lack of physical connectivity; political will and long list of products under sensitive list have …
Read More »Tense Pakistan-India relations hampering South Asian economic integration
Strained ties between India and Pakistan have been a major obstacle to make SAARC an effective platform Pakistan making all-out efforts to increase exports to India Pakistan believes in transforming ties with India under the tense developing relations between both the neighboring countries and as Pakistan is making steady progress towards economic front, taking it a priority of foreign policy, to have good economic relations among South Asian peers. …
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