All Blog Posts Tagged 'Economy' (162)

Iron Brothers China and Pakistan Celebrate 75 Years of "Unbreakable" Friendship

President Xi Jinping and Prime Minister Shehbaz Sharif have met today in Beijing to reaffirm the "unbreakable" bond between their two "iron brother" countries on the 75th anniversary of the establishment of the China-Pakistan diplomatic ties. "No matter how the international landscape may evolve, China will always place priority on the development of China-Pakistan relations in its diplomacy with neighboring countries," he said. Over 7 decades of friendship witnessed Pakistan help…

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Added by Riaz Haq on May 25, 2026 at 8:30pm — 7 Comments

Independent Economists Expose Modi's Fake GDP

Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…

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Added by Riaz Haq on January 25, 2026 at 4:30pm — 13 Comments

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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Added by Riaz Haq on December 30, 2025 at 9:30pm — 14 Comments

PIA Privatization: Can it Bring Back Pakistan National Airline's Glory Days?

After decades of failed attempts, the Government of Pakistan has finally privatized the Pakistan International Airline (PIA) under intense pressure from the International Monetary Fund (IMF). Nonetheless, it is a deal that will give the national airline not only a chance to survive but to thrive in the long run. As part of structuring the sale for Rs. 135 billion, the government has assumed Rs. 654…

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Added by Riaz Haq on December 25, 2025 at 10:30am — 8 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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Added by Riaz Haq on November 24, 2025 at 2:05pm — 18 Comments

PIMEC 2025: Pakistan Plans to Boost Maritime Sector, Blue Economy

Pakistan recently held its second International Maritime Expo and Conference (PIMEC-25) in Karachi where it announced ambitious plans to expand its maritime sector and boost its blue economy. It is an initiative of the Pakistan Navy, organized under the patronage of the Ministry of Maritime Affairs.  The country plans to invest a $100 billion in maritime development by expanding…

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Added by Riaz Haq on November 17, 2025 at 11:30am — 3 Comments

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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Added by Riaz Haq on September 8, 2025 at 7:00pm — 1 Comment

Which Country is a Bigger Beggar? India or Pakistan?

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…

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Added by Riaz Haq on July 22, 2025 at 6:30pm — 4 Comments

World Happiness Report 2025: Poor Ranking Makes Indians Very Unhappy

Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking  betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…

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Added by Riaz Haq on March 22, 2025 at 10:30am — 9 Comments

Pakistan Navy Plans Modernization, Indigenization

Admiral Naveed Ashraf, Pakistan Navy Chief, spoke of his vision for "indigenization and modernization" of his branch of the Pakistani military on the eve of multinational AMAN 2025 naval exercises. Biennial AMAN Exercise and Dialogue this year attracted 60 nations from Australia to Zimbabwe (A to Z). China, the United States, Turkey and Japan were among the countries which…

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Added by Riaz Haq on February 13, 2025 at 9:30am — 26 Comments

US Deports Indian Illegal Immigrants in Handcuffs and Chains Aboard Military Aircraft

A US Air Force transport plane landed in India today with 104 illegal Indian immigrants in handcuffs and shackles, according to media reports. Speaking with reporters, a deportee said: “For 40 hours, we were handcuffed, our feet tied with chains and were not allowed to move an inch from our seats. After repeated requests, we were allowed to drag ourselves to the washroom. The crew would open the door of the lavatory and shove us in.”…

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Added by Riaz Haq on February 6, 2025 at 9:30am — 13 Comments

Pakistan Stock Market Among World's Best Performers in 2024

Pakistan's KSE-100 index soared 86% in 2024, making it the second best among major indexes, according to Bloomberg News. The 2024 performance of KSE-100 represents its best year since 2002 when it shot up 112%. The top 3 performing stock markets in 2024 were Argentina (114%), Pakistan (88%) and…

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Added by Riaz Haq on January 3, 2025 at 5:00pm — 23 Comments

Will India Grow Old Before it Gets Rich?

India's population has aged faster than expected while its economic growth has slowed over the last decade. This raises the obvious questions: Will India get old before it gets rich? Is India getting poorer relative to its peers in the emerging markets? …

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Added by Riaz Haq on October 29, 2024 at 12:30pm — 13 Comments

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

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 — 2 Comments

Exodus From Pakistan: 1.62 Million Emigrated in 2023

Pakistan had a net negative migration of 1.6 million people, the highest of all countries in 2023, according to the World Population Prospects 2024 report released by the United Nations. Other Asian nations like India (-980,000), China (-570,000), and Bangladesh (-550,000) are also far up the ranking. Pakistan's figure of 1.62 million includes 541,000 Afghans who were expelled from the country last…

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Added by Riaz Haq on August 15, 2024 at 9:00am — 7 Comments

Growing Demand For Pakistani Workers in Gulf Arab Kingdoms

Millions of Pakistani workers have been participating in the development of Saudi Arabia, United Arab Emirates and other Gulf nations over many decades. They have been doing so in spite of the almost complete absence of basic human rights and harsh working conditions. A recent Pakistani government report…

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Added by Riaz Haq on August 2, 2024 at 9:30am — 3 Comments

Pakistani Stock Market is the World's Best Performing Market in 2024

Pakistan's KSE-100 shares index topped 80,000 points on Wednesday as stocks climbed more than 600 points, making it the world's best performing stock market. The benchmark KSE-100 index has posted an annual return of 89% during FY24 (July 2023-June 2024) in PKR terms while in US dollar terms, the return was 94%, as the Pakistani rupee appreciated against the US dollar, according to …

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Added by Riaz Haq on July 4, 2024 at 6:00pm — 14 Comments

Agriculture: A Rare Bright Spot in Pakistan's Economy

Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24.  This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …

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Added by Riaz Haq on June 13, 2024 at 9:30am — 24 Comments

Global Baby Bust: Pakistan is A Rare Bright Spot Among Most Populous Nations in Asia

There is an alarming rapid decline in fertility rates in both developed and developing nations, according to the United Nations.  Here is how the Wall Street Journal describes it: "The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep the population constant. It may have already happened". …

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Added by Riaz Haq on May 14, 2024 at 9:30am — 2 Comments

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    Blog Posts

    Ten Pakistanis Among Unicorn Founders in America

    There are ten Pakistani immigrants included among founders or co-founders of unicorns in America, according to  a recent study by the National Foundation for American Policy (NFAP). A unicorn is a startup with a valuation of at least one billion U.S. dollars. Immigrant entrepreneurs of US unicorns are diverse, hailing from 76 different countries. India, with 96 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies. Immigrants…

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    Posted by Riaz Haq on June 8, 2026 at 6:00pm

    Growing Fan Base of Cockroach Janata Party in India

    "Indians live like cockroaches and die like cockroaches", argued Jayant Bhandari in an X post in April this year. "They vote for bottom of the barrel cockroaches as rulers, who rightly treat them as cockroaches", he added, faulting the people of India for this state of affairs. More recently, Indian Supreme Court Chief Justice Surya Kant said during a hearing that certain unemployed youth were "like cockroaches" who enter professions with fake degrees or become social media…

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    Posted by Riaz Haq on June 2, 2026 at 1:30pm — 5 Comments

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