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Zafar Khan, the CEO of Sofizar, along with others from the Massachusetts Institute of Technology (MIT) and the Organization of Pakistani Entrepreneurs of North America (OPEN) will speak at an event on “Pakistan: The Untold Story of Entrepreneurship and Technology” on February 2 at MIT in Cambridge, Massachusetts; the event is co-sponsored by the New England Chapter of OPEN.
The contest, which its organizers hope will become a yearly event, focuses on existing Pakistani technology companies (instead of start-ups) who are asked to prepare plans for how they intend for their business to “accelerate” towards future growth and expansion. The idea for the contest came from OPEN and the MIT Club of Pakistan Enterprise Forum (MITCEF) and was co-sponsored by P@SHA (PASHA: The Pakistan Software Houses Association) and the Pakistan Software Export Board (PESB). The MIT Entrepreneurship Development Progra was actively involved in the contest including in the judging.
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The United Nations World Food Program has ranked Pakistan fourth among donor countries and sixth overall in 2024. Among the largest 15 donors worldwide, the United States topped the list with $4.45 billion, followed by Germany ($995 million), the United Kingdom ($610 million), European Union ($593 million), private donors ($335 million), Pakistan ($228 million), South Korea ($203 million), France ($196 million), Sweden ($183 million), Canada ($166 million), Norway ($158 million),…
ContinuePosted by Riaz Haq on August 2, 2025 at 10:00am
Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard. Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP…
ContinuePosted by Riaz Haq on July 22, 2025 at 6:30pm — 4 Comments
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