India is set to receive nearly $500 million in emergency aid from Japan to cope with rising covid19 cases and worsening economy, according to Hindustan Times. This is the largest amount of financial assistance announced by any country so far to support India’s response to the Covid-19 crisis, which has had widespread impacts on the…

Is US-China technology war heating with Huawei ban? Is it part of the larger geopolitical landscape pitting the US as the established superpower against China as the new rising power? Is the fight over Huawei 5G merely a symptom of it? How will it affect global…

What is the global impact of COVID19 pandemic? How has it affected the United States? How is Prime Minister Imran Khan handling the coronavirus crisis in Pakistan? Are …

Coronavirus infection rates and deaths in Pakistan are among the lowest in the world while the continuing lockdown is causing enormous damage to the nation's economy and livelihoods, according to government data. Health ministry data shows that fewer than a thousand lives have been lost to the disease in the country since the start of COVID19 infections more than two months ago. Meanwhile, millions of…

East-West infrastructure projects in Pakistan pose unique challenges. Sending hundreds of cusecs of water up more than a mile from the River Indus to Balochistan via Kachhi canal is one of these challenges. Another challenge is to improve and expand national east-west highways like N-70.  These recently completed infrastructure projects linking South Punjab with Balochistan will  boost …

Pakistan Textile Industry was celebrating a big milestone with 20% jump in exports in February 2020 when coronavirus struck a heavy blow. Some western retailers canceled orders while others put them on hold as the virus spread to Western Europe and the United States in…

What is the importance of the Middle East for the West? Is it energy resources to fuel the industrialized West? Or the key trade and shipping routes passing through the Persian Gulf and the Suez Canal used by ships to sail from Asia to Europe and North America?…

Eminent Pakistani economist Dr. Nadeemul Haq (no relation to Riaz Haq) interviewed Riaz Haq last week for his podcast "Soch Bichar" to talk about the subject of "Digitization in Pakistan" in Urdu. Here is a summary of the interview:

Dr.…

How much have US-Pakistan ties improved since President Trump's "lies and deceit" tweet on Pakistan? Has Trump completely abandoned the tough Pakistan policy recommended by the 2017 Husain Haqqani-Lisa Curtis paper? What do the US actions such as backing Pakistan's IMF bailout and BLA terror…

Who are the members of Pakistan's top new economic leadership team? Who's Reza Baqir? Who's Shabbar Zaidi? Why were the changes necessary? Were the latest changes made to remove previous PMLN government's loyalists considered to be responsible for the current economic crisis? Did their policies and actions contribute to large twin deficits? Did the International Monetary Fund (IMF) force these changes…

A top official of the State Bank of Pakistan, the nation's central bank, announced that the institution aims to issue a digital currency (Central Bank Digital Currency or CBDC) by 2025, according to media reports.   Speaking at the launch of regulations of Electronic Money Institutions (EMIs), central bank officials said that EMIs will be non-bank entities to be licensed by the…

An Indian court has recently acquitted all accused in Samjhauta Express terrorist attack of February 2007 that claimed 68 lives, including lives of 43 Pakistan citizens, 10 Indian citizens and 15 unidentified people. This latest verdict came after the acquittal of these and other accused who had confessed to a series of bomb attacks on Muslim targets including Mecca Masjid, Malegaon and Ajmer sufi shrine. These attacks claimed many innocent Muslim lives. The latest acquittals are a…

Pakistan has a 1,000 kilometers long coastline on the Arabian Sea with maritime sovereignty over 200 nautical miles deep Exclusive Economic Zone (EEZ) and 150 nautical miles of Continental Shelf. This adds 290,000 square kilometers of sea or about 36% of the country's land area open for tapping vast resources in it.

Pakistan's "Blue Economy" in this extended economic zone includes seafood and energy resources as well as international trade connectivity with the rest of the…

Speaking at a recent Delhi investment conference, Managing Director and Chief Strategist Christopher Wood of CLSA (formerly known as Credit Lyonnais Securities Asia) surprised everyone, by saying that he loves the Pakistan stock market more than any other in Asia, according to …

Pakistan's consumption of oil and gas has rapidly grown over the last 5 years, an indication of the nation's accelerating economic growth. Pakistan is among the fastest growing LNG markets, according to …

Pakistan consumer confidence index reached an all-time high of 115 in Q2/2018, up 8 points from 107 in Q1/2018, according to latest The Conference Board Global Consumer Confidence Survey (TCB-Global). Pakistan now ranks 9th in the world. Pakistan's neighbor India's consumer confidence…

Pakistan is among the most upwardly mobile nations in the world, according to a new Standard Chartered Bank study titled "Climbing the Prosperity Ladder".

The Standard Chartered study looks into social mobility, financial…

Recently released HSBC report titled "The World in 2030" says that "five Asian economies will be among the world’s six fastest-growing economies – Bangladesh, India, Philippines, Pakistan and Vietnam". HSBC ranks Pakistan at number 4 in terms of GDP growth till 2030 and expects Pakistan to rise from the world's 40th biggest economy in 2018 in nominal terms to the world's 30th largest economy by 2030. Pakistan economy does face some short-term headwinds because of its balance of payments…

Pakistan graduated from low-income (level 1) to lower-middle-income (level 2) status at the end of Musharraf years in 2008, according to the United Nations.  Can Prime Minister Imran Khan lead his nation to upper-middle-income (level 3) ranks by the end of his first term in…