PAGE Blog Business Weekly Magazine
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 …
Read More »Pakistan in a unique position to catch up and overtake other economies in South Asia
Pakistan economy has suffered on various accounts such as war on terror, law and order and even US sanctions on Iran which is a major impediment between bilateral trade between two natural allies in the region. As a result of US sanctions, the business communities of the two countries are forced to indulge in illegal cross border trade, which is estimated to the tune exceeding to $4 billion, while …
Read More »Pakistan has lower education spending rate in South Asia
Education condition is despicable with literacy rate of 58pc and gender disparity With a literacy rate of 58 percent, Pakistan’s current expenditure on education is the lowest in South Asia. Pakistan has a literacy rate of 58 percent, which has improved from 35 percent in 1990-91, but still way behind the Millennium Development Goals (MDG) target of 88 percent, which we fail to achieve by the end of 2015. …
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