September 2011 Blog Posts (8)

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Should Pakistan Tell US Where to Shove its Aid?

"Aid only postpones the basic solutions to crucial development problems by tentatively ameliorating their manifestations without tackling their root causes. The structural, political, economic, etc. damage that it inflicts upon recipient countries is also enormous.” These words were written in a letter to UN to refuse aid by Finance Minister Berhane Abrehe of Eritrea which is the…

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Added by Riaz Haq on September 27, 2011 at 9:00pm — 31 Comments

Pakistan's Goodbye to IMF

Citing significant improvements in Pakistan's current account balance, Pakistan's Finance Minister Dr Abdul Hafeez Shaikh has said that his government would not waste its energy on reviving the currently suspended IMF program that began in 2008, or seek a new IMF bailout, according to a report in Pakistan's Dawn… Continue

Added by Riaz Haq on September 17, 2011 at 11:00am — 2 Comments

Managing Droughts and Floods in Pakistan

Pakistan has increasingly been suffering from cycles of severe droughts followed by massive floods in the last few years. This recurring pattern of shortage and excess of water gives us a preview of the growing challenge of climate change. This situation calls for a comprehensive water management effort to deal with a potentially existential threat to Pakistan.



Flood-Drought… Continue

Added by Riaz Haq on September 15, 2011 at 7:30am — 56 Comments

Pakistan's Wall Street Journal Ad Sept 11, 2011

 

 



Here's an Express Tribune description of the ad:



The advertisement, which includes a photograph of former prime minister Benazir Bhutto and President Asif Ali Zardari lists several statistics which… Continue

Added by Riaz Haq on September 13, 2011 at 5:34pm — 1 Comment

Working Women Leading a Social Revolution in Pakistan

While Fareed Zakaria, Nick Kristoff and other talking heads are still stuck on the old stereotypes of Muslim women, the status of women in Muslim societies is rapidly changing, and there is a silent social revolution taking place with rising number of women joining the workforce and moving up the corporate ladder in Pakistan. …



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Added by Riaz Haq on September 11, 2011 at 5:30pm — 117 Comments

Pakistan Ten Years After 911

Here are a few facts about Pakistan's role in the "war on terror" since Sept 11, 2001:



First, none of the terrorists who carried out the 911 attacks on the United States were from Pakistan.



Second, the former Pakistani President Musharraf condemned the 911 attacks and quickly allied his country with the United States in the coalition to fight the US-led "global war on terror".



Third,… Continue

Added by Riaz Haq on September 10, 2011 at 9:37am — 3 Comments

Wikileaks on The Gangs of Karachi

Here are some excerpts from Wikileaks on the "Gangs of Karachi":



US embassy cable - 09KARACHI138

SINDH - THE GANGS OF KARACHI

Identifier: 09KARACHI138

Origin: Consulate Karachi

Created: 2009-04-22 11:52:00









Summary: The police in Karachi are only one of several armed…

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Added by Riaz Haq on September 8, 2011 at 5:30pm — 40 Comments

Can Pakistani Diaspora Help in Pakistan's Development?

Nearly 5 million Pakistani emigrants make up the world's 7th largest disapora, according to the World Bank Factbook 2011. Adding the foreign-born children of these Pakistani emigres to the tally pushes the total figure up to about 7 million. The top five nations that the Pakistani diaspora calls home include the United Kingdom (1.2 million), The Kingdom of Saudi Arabia (1.2 million), the… Continue

Added by Riaz Haq on September 3, 2011 at 7:03pm — 33 Comments

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    Blog Posts

    IMF Questions Modi's GDP Data: Is India's Economy Half the Size of the Official Claim?

    The Indian government reported faster-than-expected GDP growth of 8.2% for the September quarter. It came as a surprise to many economists who were expecting a slowdown based on the recent high-frequency indicators such as consumer goods sales and durable goods production, as well as two-wheeler sales. At the same time, The International Monetary Fund expressed doubts about the Indian government's GDP data. …

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    Posted by Riaz Haq on November 30, 2025 at 11:30am — 2 Comments

    Retail Investor Growth Driving Pakistan's Bull Market

    Pakistan's benchmark index KSE-100 has soared nearly 40% so far in 2025, becoming Asia's best performing market, thanks largely to phenomenal growth of retail investors. About 36,000 new trading accounts in the South Asian country were opened in the September quarter, compared to 23,600 new registrations just three months ago, according to Topline Securities, a brokerage house in Pakistan.  Broad and deep participation in capital markets is essential for economic growth and wealth…

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    Posted by Riaz Haq on November 24, 2025 at 2:05pm — 2 Comments

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