Riaz Haq's Blog – January 2022 Archive (8)

NY Times: Modi Bought Israeli Pegasus Spyware as Part of $2 Billion Deal

In a long investigative report titled "The Battle for the World’s Most Powerful Cyberweapon" published today, the New York Times has revealed that the Indian Prime Minister Narendra Modi bought the Pegasus spyware as part of a 2017 $2 billion deal he signed with then Israeli Prime Minister Benjamin Netanyahu. …

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Added by Riaz Haq on January 28, 2022 at 8:00pm — 6 Comments

Pakistan Cut Public Debt in Half On Musharraf's Watch in 1999-2008

In 1999, President Pervez Musharraf inherited a massive debt of over 100% of GDP run up by the Pakistan Peoples Party and the Pakistan Muslim League (Nawaz) governments in 1990s. Musharraf's policies not only revived the bankrupt economy but also brought down debt to 52% of GDP by 2007. …

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Added by Riaz Haq on January 24, 2022 at 5:00pm — 1 Comment

Pakistan Nuclear Power Generation Soared 66% in 2021

Nuclear power plants in Pakistan generated 15,540 GWH of electricity in 2021, a jump of 66% over 2020. Overall, Pakistan's power plants produced 136,572 GWH of power, an increase of 10.6% over 2020, indicating robust economic recovery amid the COVID19 pandemic. …

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Added by Riaz Haq on January 21, 2022 at 8:30pm — 50 Comments

Pakistan Economy "Not in a Good Place"? Atif Mian's Gloom Justified?

Pakistani-American economist Atif Mian has recently analyzed Pakistan's economy in a series of tweets. He has said "Pakistan's economy is not in a good place", adding that the nation's "per capita income has not risen in 3 years (in fact down slightly)". He has particularly mentioned the country's "exaggerated external demand driven by its rentier economy", "flawed energy policy" and "a broken…

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Added by Riaz Haq on January 18, 2022 at 7:00pm — 41 Comments

Pakistan Pursuing Ambitious Program to Build Social Safety Net

Pakistan's PTI government has built South Asia’s first digital National Socio-Economic Registry (NSER) as a part of its ambitious effort to build a basic social safety net. The Ehsaas (also known as BISP- Benazir Income Support)) program's socio-economic registry includes household information by  geography, age, income, education, health, disability, employment, energy consumption, land and livestock holdings etc. …

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Added by Riaz Haq on January 14, 2022 at 9:00am — 20 Comments

Pakistani-American Surgeon Transplants Pig Heart into A Human Patient

Pakistani-American heart surgeon Dr. Mohammad Mansoor Mohiuddin and Dr. Bartley Griffith performed the first successful genetically-modified pig heart transplant into a human patient today at University of Maryland School of Medicine (UMSOM) hospital in Baltimore, according to the University's press release. Considered one of the world’s foremost experts on transplanting animal organs, known as…

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Added by Riaz Haq on January 10, 2022 at 6:30pm — 2 Comments

Pakistan Gets First Woman Supreme Court Judge Despite Top Judges' Opposition

Judge Ayesha Malik has been confirmed as Pakistan's first woman Supreme Court judge in the face of strong opposition by the majority of sitting judges of the top court and Pakistan Bar Council. It was two  affirmative votes by the PTI government representatives that helped her win 5-4 confirmation in the Supreme Judicial Council (SJC). Only two of the five sitting Supreme Court judges who are members of the SJC supported her confirmation. …

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Added by Riaz Haq on January 9, 2022 at 11:00am — 5 Comments

Double Digit Rise in Energy Consumption Confirms Pakistan's Economic Recovery in 2021

Oil consumption in Pakistan jumped 19% to 20.8 million tons in 2021, a strong indication of the country's economic recovery from the COVID-impacted 2020. In addition to oil, Pakistanis also consumed nearly 4 billion cubic foot of natural gas every day. Energy is fundamental to the functioning of any economy. …

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Added by Riaz Haq on January 5, 2022 at 9:00pm — 19 Comments

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    Blog Posts

    Pakistan Household Survey HIES 2024-25 Raises More Questions Than It Answers

    Recently released HIES 2024-25 household integrated economic survey by Pakistan Bureau of Statistics (PBS)  raises more questions than it answers. For example, it shows that Pakistani household are buying lower amounts of basic food ingredients like wheat, meat and eggs in the last four years, implying that people are eating less to cover other expenses, like electricity and gas. But it doesn't explain why the households have reported significantly lower purchases of these items than…

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    Posted by Riaz Haq on January 6, 2026 at 5:16pm

    Happy New Year 2026: Pakistan's Year 2025 in Review

    As we enter the year 2026, it is time to review the year 2025 and wish you all Happy New Year 2026! May it bring peace, prosperity and happiness to all!! 

    The year 2025 saw Pakistan defeat a brazen Indian attack on its soil, while reviving its economy and…

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    Posted by Riaz Haq on December 30, 2025 at 9:30pm — 4 Comments

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