September 2024 Blog Posts (4)

Investors Celebrate Pakistan's Continuing Economic Recovery

Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal,  the Fund Managing Director  Kristalina Georgieva acknowledged progress made by Pakistan. She said  "The economy is on the sound path. Growth is up and inflation is down". The …

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Added by Riaz Haq on September 26, 2024 at 5:00pm — 43 Comments

Powerful Hindutva Lobby Flexes its Muscle in California

Last year, California lawmakers voted 31-5 to approve the first state-wide bill (SB 403) explicitly banning caste discrimination. The bill, enjoying broad support among California voters, was sponsored by Senator Aisha Wahab.  It was vetoed by Governor Gavin Newsom under pressure from wealthy political donors belonging to the Hindutva lobby.  …

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Added by Riaz Haq on September 20, 2024 at 8:30pm — 14 Comments

ITU Cybersecurity Index 2024: Pakistan Ranked Among Top Tier Countries

International Telecommunications Union (ITU) has ranked Pakistan (score 96.69/100) among top tier countries for cybersecurity in 2024.  Out of a maximum score of 20, Pakistan received 20 for legal measures, 18.21 for technical measures, 20 for organization measures, 20 for capacity development and 18.48 for cooperative measures, according to the Global Cybersecurity Index 2024…

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Added by Riaz Haq on September 14, 2024 at 8:30pm — 1 Comment

Shifting Monsoon Pattern: Is Arid Pakistan Turning Wet?

Semi-arid Pakistan, with its farmlands predominantly irrigated by the world's largest contiguous canal system, has experienced an increasing amount of annual rains and floods for several years. Even the desert regions of the country, like the vast Thar desert straddling India-Pakistan border, have recently…

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Added by Riaz Haq on September 6, 2024 at 5:30pm — 1 Comment

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    Blog Posts

    Pakistan Gets its First AI Data Center

    Data Vault and Telenor Pakistan have launched the nation's first dedicated AI data center in Karachi. It is designed to support startups, researchers, and government agencies with high-performance computing and GPU-as-a-service offerings. It is equipped with more than 3,000 Nvidia's highest performance H100 and H200 GPUs for which the Trump Administration issued export licenses. These GPUs cost from $40,000 to $60,000 each, making the Nvidia chips the biggest chunk of the investment…

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    Posted by Riaz Haq on December 10, 2025 at 11:00am — 1 Comment

    World Bank: Pakistan is 88% Urbanized

    The World Bank researchers have recently concluded that 88 per cent live in urban areas. Their conclusion is based on satellite imagery and the Degree of Urbanization (DoU) methodology. The official Pakistani figures released by the Pakistan Bureau of Statistics (PBS) put the current level of urbanization at 39%. The source of this massive discrepancy is the government's reliance on administrative boundaries rather than population density and settlement patterns, according to the World Bank…

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    Posted by Riaz Haq on December 7, 2025 at 5:30pm

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