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World Bank Revised Estimates Show Sharp Reduction in Pakistan Poverty

Oops! The World Bank made a big mistake. The number of Pakistanis living below the 2005 $1.25 poverty line (set at $1.44 for 2011) is 4.8 million, less than one-seventh of the 35.1 million reported earlier.  It is a huge drop from about 20% of the population to 3% of the population living below the international poverty line.…
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Added by Riaz Haq on June 13, 2014 at 8:00pm — 2 Comments

Check out this video on YouTube: http://www.youtube.com/watch?v=yzXcQnpuzi4&feature=youtube_gdata_player

Check out this video on YouTube:

http://www.youtube.com/watch?v=yzXcQnpuzi4&feature=youtube_gdata_player Continue

Added by salim mastan on June 7, 2014 at 2:04pm — No Comments

Pakistan is a Rising Star Among Frontier Markets For Multinational Corporations

#Pakistan is a rising star for multi-nationals in frontier markets along with #Nigeria, #Argentina, #Vietnam http://on.wsj.com/1p2g16O

After a recent survey by Japan External Trade Organization (JETRO) showing…

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Added by Riaz Haq on June 7, 2014 at 9:00am — 1 Comment

Yet Another Lost Decade Under Democracy in Pakistan?

Meager 4.1% GDP growth reported by Pakistan for 2013-14 caps sixth consecutive year of disappointing economic performance under "democratic" governments in the country. This slow growth brings back bitter memories of the last lost decade of 1990s when economic growth plummeted to between 3% and 4%, poverty rose to 33%, inflation was in double digits and the foreign debt mounted to nearly the entire GDP of…

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Added by Riaz Haq on June 2, 2014 at 11:57pm — 1 Comment

Pakistan's Jang Group Suffers Major Losses of Viewers and Advertisers

Geo TV has lost 80% of its viewers and billions of rupees in advertising revenue since it accused Pakistan's ISI of attempting to assassinate its anchor Hamid Mir last April, according to credible reports in the mainstream media.

Pakistan's once…

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Added by Riaz Haq on May 31, 2014 at 7:30pm — No Comments

Pakistan's Shadow Entrepreneurs

Pakistan has 109 informal entrepreneurs for every formally documented entrepreneur, ranking the country 4th in the world for the size of its shadow economy, according to a study published by Professor Erkko Autio and Dr. Kun Fu of the Business School of London's Imperial College.

Pakistan's 109 shadow entrepreneurs for every officially registered one rank it 4th…

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Added by Riaz Haq on May 27, 2014 at 11:00pm — 5 Comments

Impact of Modi's Rise on India-Pakistan Relations

BJP leader Narendra Modi has made history as the first low-caste Hindu to be elected prime minister of India. Modi's spectacular rise from being a chai-walla to a major world leader is sure to inspire the world's largest population of poor who call India home.  Before discussing how Modi's rise will impact India-Pakistan ties, let's briefly examine the new man at the helm of affairs of the world's second most… Continue

Added by Riaz Haq on May 21, 2014 at 1:30pm — 9 Comments

Ex Attorney General of Pakistan Munir Malik Vs Riaz Haq Debate in Silicon Valley

Viewpoint From Overseas team invited former Chief Justice of Pakistan Mr. Iftikhar Mohammad Chaudhry and former Attorney General of Pakistan Mr.… Continue

Added by Riaz Haq on May 20, 2014 at 8:45am — 2 Comments

Pakistani Steel Mill Engineer-Turned-Oligarch Shapes Ukrainian Politics

Oligarchs have shaped politics in post-Soviet Russia and other former Soviet republics including The Ukraine since the breakup of the Soviet Union in 1991. One such oligarch is Karachi-born Pakistani Ukrainian Mohammad Zahoor, a member of growing Pakistani diaspora which is already the world's 7th largest. He owns Kyiv Post… Continue

Added by Riaz Haq on May 18, 2014 at 10:29pm — 4 Comments

Pakistan Economy Ranks 23rd in the World

With an estimated $788 billion PPP GDP for 2011, Pakistan's economy is the 23rd largest in the world, according to the World Bank's International Comparison Program (ICP) 2011. Other surprises in the report include the…
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Added by Riaz Haq on May 14, 2014 at 9:00pm — 3 Comments

Pakistani Economy Suffers From Sharp Decline in FDI and Savings Rate

Pakistan needs investment of 20% of GDP to achieve 5% economic growth, a capital-to-output ratio (COR) of four, according to Mohsin Mushtaq Chandna, economic minister at the Pakistan Embassy in Washington, DC.



Major Issues:



In a wide-ranging presentation to the Pakistan Club at the University of Chicago Booth School of Business, Mr. Chandna,… Continue

Added by Riaz Haq on May 13, 2014 at 10:00am — 7 Comments

Pakistanis Enabling 2nd Machine Age in Silicon Valley

Silicon Valley is home to 12,000 to 15,000 Pakistani Americans. Thousands of them are working at Apple, Cisco, Google, Intel, Oracle and hundreds of other high-tech companies from small start-ups to large Fortune 500 corporations. Pakistani-Americans are contributing to what Erik Brynjolfsson and Andrew McAfee describe as… Continue

Added by Riaz Haq on May 4, 2014 at 12:00pm — 1 Comment

Pakistan Second Lowest Cost Country With $877 Billion PPP GDP and $4,450 Per Capita GDP

Pakistan is the second least expensive country in the world. Pakistan's GDP is $788 billion as of 2011 based on purchasing power parity (PPP), according to International Comparisons Program (ICP) findings 2011 released yesterday by the World Bank.



World Bank's International Comparison Program (ICP) does a detailed study of a list of… Continue

Added by Riaz Haq on April 30, 2014 at 11:30pm — 2 Comments

OPEN Forum 2014: Question Iftikhar Chaudhry About His Adverse Impact on Pakistan Economy

Organization of Pakistani-American Entrepreneurs (OPEN) Silicon Valley has just announced a panel discussion featuring Pakistan's former Chief Justice Iftikhar Chaudhry and former attorney general Munir Malik.…



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Added by Riaz Haq on April 29, 2014 at 11:30pm — 5 Comments

Does GeoTV's Hamid Mir Have Links With Taliban and Intelligence Agencies?

Attempt on Hamid Mir's life has rightly drawn widespread outrage in Pakistan and around the world. It has to be condemned without reservations. Hamid Mir is reported have suspected that he was on Pakistani intelligence agency ISI's "hit list".…
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Added by Riaz Haq on April 28, 2014 at 4:20pm — 4 Comments

Pakistan Economy Better Than 27 Countries including India and Iran

Pakistan (score 21.9) at 28 ranks below Iran (score 61.6) at 2 and India (score 25.6) at 19 on world misery index rankings for 2013 compiled by Washington's Cato Institute. Other nations worse off than Pakistan on the list include Serbia, Argentina, Jamaica, Egypt, Spain, South Africa, Brazil, Greece, Macedonia, Palestine,… Continue

Added by Riaz Haq on April 26, 2014 at 7:41pm — No Comments

Pakistani-Americans Release 1700 Urdu Videos on Khan Academy

Guest Post by Ali H. Cemendtaur



Koshish Foundation, a Silicon-Valley based non-profit corporation (Chairman, Suhail Akbar) with a strong presence in Pakistan where it works on education-related projects, has announced the completion of over 1700 math and basic science videos that are Urdu translations of the… Continue

Added by Riaz Haq on April 25, 2014 at 11:30am — 5 Comments

Oscar-winning Pakistan Techie Shines in Hollywood

Academy Award winning Hollywood hits Frozen, Life of Pi and The Golden Compass have one thing in common:  Each used extensive computer-generated imagery (CGI) created by Pakistani-American Mir Zafar Ali who won Oscar statuettes for "Best Visual Effects" in each of them.…



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Added by Riaz Haq on April 23, 2014 at 10:30am — 1 Comment

Pakistani-American Dr. Asad Qamar of APPNA Among Highest Paid Doctors in America

Dr. Asad Qamar, a graduate of Lahore's King Edwards Medical College, received $18.2 million in payments from US Medicare program in 2012, making him the second highest billing doctor in America. Dr. Qamar is a member of APPNA, Association of Physicians of Pakistani Descent in North America. He was a candidate for the presidency of APPNA in… Continue

Added by Riaz Haq on April 11, 2014 at 10:37am — No Comments

Pakistan's Umar Saif in Silicon Valley

Umar Saif was invited by Organization of Pakistani-American Entrepreneurs (OPEN) to an event yesterday at the Palo Alto offices of Pillsbury Winthrop Shaw Pitman Law Firm  in Silicon Valley to talk about the state of technology in Pakistan. The event was appropriately titled: "Presenting Umar-The Force Behind Plan 09- Pakistan's Leading Incubator For… Continue

Added by Riaz Haq on April 8, 2014 at 10:30am — 4 Comments

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    Blog Posts

    Modi's Hindutva: Has BJP's Politics Hurt India's International Image?

    The Indian cricket team's crass behavior after defeating the Pakistani team at the Asia Cup 2025 group encounter has raised eyebrows among sports fans around the world. Not only did Suryakumar Yadav, the Indian team captain, refuse to do the customary handshake before and after the match in Dubai but he also made controversial statements linking the match with the recent India-Pakistan conflict. “A few things in life are above sportsman’s spirit ......We stand with all the victims of the …

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    Posted by Riaz Haq on September 15, 2025 at 7:00pm

    Trump's Tariffs on India: Can China or Russia Make Up For Lost Exports to US?

    The United States is the biggest export market for India. Among its top 5 trading partners, the US is also the only country with which India runs a trade surplus. This surplus is now at risk with the 50% tariff recently imposed by President Donald Trump on imports from India. Can Prime Minister Narendra make up for it by cozying up to China and Russia? Recent trade data shows he…

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    Posted by Riaz Haq on September 8, 2025 at 7:00pm

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