Riaz Haq's Blog Posts Tagged 'Economy' (141)

Pakistan Elections: Imran Khan's Supporters Skillfully Used Tech to Defy Powerful Military

Independent candidates backed by the Pakistan Tehreek e Insaf (PTI) party emerged as the largest single block with 93 seats in the nation's parliament in the general elections held on February 8, 2024.  This feat was accomplished in spite of huge obstacles thrown in front of the PTI's top leader Imran Khan and his party leaders and supporters by Pakistan's powerful military…

Continue

Added by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment

Soaring Illegal Immigration of Indians into the United States

Illegal immigration from India to the United States is soaring. A record 96,917 Indians were detained while attempting to enter the US illegally from October 2022 to September 2023, representing a 50% jump from the corresponding period in the prior year. Vast majority of the arrested Indians came from Prime Minister Modi's state of Gujarat while others came from the state of Punjab. There are about 725,000 undocumented Indian immigrants in the US – the third-largest population of illegal…

Continue

Added by Riaz Haq on February 2, 2024 at 5:00pm — 1 Comment

India's Malign Influence in Bangladesh

Shaikh Hasina has won a 5th term in yet another sham election which saw a mere 40% voter turnout. Bangladesh Nationalist Party (BNP), the main opposition party, boycotted the election. Months leading up to the elections saw protests in the country suffering from economic slowdown, human rights violations and a crackdown on the opposition parties. Her longevity in office is…

Continue

Added by Riaz Haq on January 8, 2024 at 4:25pm — No Comments

Independence Day: Growing Share of Working Age Population in Pakistan

Dependency ratio, defined as the percentage of children and retirees to the working age population, is rapidly declining in Pakistan (current dependency ratio is 69.03%) and the rest of the developing nations of Asia and Africa. This demographic shift means that the world's richest and most powerful nations…

Continue

Added by Riaz Haq on August 14, 2023 at 8:30am — 3 Comments

Pakistan Now: Darkest Before Dawn?

Pakistan is experiencing one of the darkest periods of its history. Political instability is eroding confidence in the nation's future. Declining economic growth and high inflation are hurting the people of all strata of society, particularly the poor whose numbers are rapidly rising. Is there any hope left for the country? Is it a case of the "darkest before dawn"? How do…

Continue

Added by Riaz Haq on May 12, 2023 at 5:00pm — 46 Comments

Digital Pakistan 2023: Technology Transforming Women's Lives in Rural Pakistan

Growing access to smartphones and Internet connectivity is transforming the lives of women in rural Pakistan. They are acquiring knowledge, accessing healthcare and finding economic opportunities.  A recent UNDP report  titled "DigitAll: What happens when women of Pakistan get access to digital and tech…

Continue

Added by Riaz Haq on April 23, 2023 at 8:00am — 17 Comments

Venture Capital in Pakistan: Startup Funding Rises in Q1 2023 After Hitting Lows in Q4 2022

Pakistani startups raised  $23.1 million in the first quarter of this year after hitting a low of $15.2 million in the last quarter of 2022, according to Data Darbar. The amount of money raised by Pakistani startups increased in each of the first 3 months of 2023, bringing the total funding amount to $945.4 million across 321 deals since 2015. It started out slow with just $1.5 million…

Continue

Added by Riaz Haq on April 1, 2023 at 7:45pm — 2 Comments

World Happiness Report 2023: India Among World's Saddest Nations

India occupies 126th position among 137 nations ranked in the World Happiness Report 2023 released by the Sustainable Development Solutions Network. In South Asia, Pakistan (score 4.555) ranks 108,  Sri Lanka 112, Bangladesh (4.282) 118 and India 126 (4.036). Only Taliban-ruled Afghanistan ranks worse at 137. Finland is the happiest nation in the world, followed by Denmark and Iceland in 2nd and 3rd…

Continue

Added by Riaz Haq on March 22, 2023 at 12:00pm — 17 Comments

Why Does India Lag So Far Behind China?

Indian mainstream media headlines suggest that Pakistan's current troubles are becoming a cause for celebration and smugness across the border. Hindu Nationalists, in particular, are singing the praises of Indian Prime Minister Narendra Modi and some Pakistani analysts have joined this chorus. This display of triumphalism and effusive praise of India beg the following questions: Why are Indians so obsessed with Pakistan? Why do Indians choose to compare themselves with much smaller Pakistan…

Continue

Added by Riaz Haq on March 19, 2023 at 5:30pm — 70 Comments

Guess Why Pakistani Analyst Uzair Younus is Making Headlines in India!

Pakistani analyst Uzair Younus has recorded personal impressions of his recent India visit on his YouTube channel, as well as in an interview on another YouTube channel called "Pakistan Experience".  Indian media have gleefully jumped on it with headlines like "Visiting India Was Like Stepping Into The Future" and a "Pakistani analyst" talking of India's "communal harmony". It has helped Younus' channel draw its highest ever views, and inundated it with Indian trolls' comments praising Hindu…

Continue

Added by Riaz Haq on March 11, 2023 at 6:00pm — 10 Comments

Remembering Pervez Musharraf (1943-2023): A True Patriot Who Made Pakistan Stronger

President Pervez Musharraf of Pakistan passed away this week. May his soul rest in peace. Amen. He was a true patriot who honestly served his country to the best of his ability. He strengthened his country's economy, society and military. Per capita incomes of Pakistanis doubled on his watch, lifting the country from a low-income to a middle-income country. His government liberalized media and telecommunications, leading to rapid growth in both industries.  President Musharraf dramatically…

Continue

Added by Riaz Haq on February 7, 2023 at 9:30am — 7 Comments

Pakistanis Remain Hopeful Amid Crises: 69% Think Their Children Will Do Better

Pakistan is in the middle of multiple serious crises. But the vast majority of Pakistanis feel that they have better lives than their parents did, and they think their children will have even better lives than theirs, according to a Gallup International Poll of 64 countries conducted from August to October last year. The poll asked two questions: 1) Do you feel your life is better, worse or roughly similar to that  of your parents? and 2) Do you think your children will have a better, worse…

Continue

Added by Riaz Haq on February 1, 2023 at 1:30pm — 9 Comments

Pakistan Is Not Collapsing!

Pakistan is currently facing major economic and political crises. These are partly of its own making but mostly the result of external shocks in terms of commodity prices that have exacerbated the nation's balance of payments.  The Pakistani military's unnecessary meddling in politics and resulting political instability have not helped either. The unprecedented floods in the country have further…

Continue

Added by Riaz Haq on January 23, 2023 at 4:30pm — 42 Comments

Is Shahzad Chaudhry Right "On India"?

The Pakistan Air Force's Retired Air Vice Marshal Shahzad Chaudhry has recently penned an op-ed for The Express Tribune newspaper calling on his country to make peace with India. He argues that "India is relevant to the world", implying that Pakistan is not. Chaudhry believes that the "gap between Pakistan and India is now unbridgeable".  Chaudhry concludes his piece with the following…

Continue

Added by Riaz Haq on January 17, 2023 at 4:30pm — 28 Comments

Digital Pakistan 2022: Broadband Penetration Soars to 90% of 15+ Population

The year 2022 was a very rough year for Pakistan. The nation was hit by devastating floods that badly affected tens of millions of people. Macroeconomic indicators took a nose dive as political instability reached new heights. In the middle of such bad news, Pakistan saw installation of thousands of kilometers of new fiber optic cable, inauguration of a new high bandwidth …

Continue

Added by Riaz Haq on January 1, 2023 at 4:30pm — 143 Comments

Goldman Sachs Projects Pakistan Economy to Become the World's 6th Largest by 2075

Goldman Sachs analysts Kevin Daly and  Tadas Gedminas project Pakistan's economy to grow to become the world's sixth largest by 2075.  In a research paper titled "The Path to 2075", the authors forecast Pakistan's GDP to rise to $12.7 trillion with per capita income of $27,100.  India’s GDP in 2075 is projected at $52.5 trillion and per capita GDP at $31,300.  Bangladesh is projected to be a…
Continue

Added by Riaz Haq on December 7, 2022 at 9:30am — 45 Comments

Nearly 700,000 Pakistani Workers Have Migrated Overseas So Far in Year 2022

Nearly 700,000 Pakistanis have left to work overseas in the first 10 months of the current calendar year, according to Pakistan's Bureau of Emigration Overseas Employment (BEOE). The worker migration from Pakistan had dipped to 225,000 in 2020 and 280,000 in 2021 due to Covid restrictions around the world. The yearly average for the last decade was over half a million Pakistanis…

Continue

Added by Riaz Haq on November 23, 2022 at 4:30pm — 28 Comments

Why Has Modi's India Failed to Internationally Isolate Pakistan Despite its Best Efforts?

Indian Prime Minister Narendra Modi's government has pursued a policy of internationally isolating Pakistan for the last 8 years. Indian diplomats and mainstream media have engaged in a concerted campaign to hurt Pakistan diplomatically and economically during this period. Even the sport of cricket has not been spared.  All of the available evidence suggests that this Indian campaign has failed.  …

Continue

Added by Riaz Haq on October 20, 2022 at 11:30am — 32 Comments

Hasina Seeks Modi's Help to Survive Bangladesh's Economic Crisis

Shaikh Hasina, the Prime Minister of Bangladesh, recently visited New Delhi to seek political and economic assistance from the Indian Prime Minister Narendra Modi. This summit was preceded by Bangladesh Foreign Minister Abdul Momen's trip to India where he said,  "I've requested Modi government to do whatever is necessary to sustain Sheikh Hasina's government".  Upon her return from India, Sheikh Hasina …

Continue

Added by Riaz Haq on September 19, 2022 at 12:30pm — 10 Comments

Pakistan Plans to Convert Coal-Fired Power Plants to Burn Domestic Thar Lignite

With a new 330 MW mine-mouth coal-fired power plant in Tharparkar, Pakistan has now reached 990 MW of power fueled by the local lignite. Thar coal production is being expanded and plans are in place to convert three more imported anthracite coal fired plants to burn domestic lignite as soon as its production is expanded and a rail link is completed to transport the fuel to the rest of the country. Plans call for using Thar coal in three coal-fired plants currently burning imported…

Continue

Added by Riaz Haq on August 7, 2022 at 7:00pm — 36 Comments

Monthly Archives

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

Pre-Paid Legal


Twitter Feed

    follow me on Twitter

    Sponsored Links

    South Asia Investor Review
    Investor Information Blog

    Haq's Musings
    Riaz Haq's Current Affairs Blog

    Please Bookmark This Page!




    Blog Posts

    Biden's Gaza Ceasefire Veto Defies American Public Opinion

    Aaron Bushnell, an active serviceman in the United States Air Force, burned himself to death in front of the Israeli Embassy in protest against the US policy in Gaza. Before setting himself on fire in what he called an "extreme act of protest", he said he would "no longer be complicit in genocide". Polls show that the vast majority (63%) of Americans want an immediate end to the carnage being perpetrated by Israel in Gaza.  …

    Continue

    Posted by Riaz Haq on February 27, 2024 at 5:30pm

    Pakistan Elections: Imran Khan's Supporters Skillfully Used Tech to Defy Powerful Military

    Independent candidates backed by the Pakistan Tehreek e Insaf (PTI) party emerged as the largest single block with 93 seats in the nation's parliament in the general elections held on February 8, 2024.  This feat was accomplished in spite of huge obstacles thrown in front of the PTI's top leader Imran Khan and his party leaders and supporters by Pakistan's powerful military…

    Continue

    Posted by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment

    © 2024   Created by Riaz Haq.   Powered by

    Badges  |  Report an Issue  |  Terms of Service