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Asia 2025, a US Defense Department Study produced in summer of 1999, forecast that Pakistan would "disappear" as an independent state by 2015. Since the issuance of this dire forecast, Pakistan has not only survived but its economy has nearly…
ContinueAdded by Riaz Haq on July 4, 2018 at 7:00am — 4 Comments
Pakistanis are happier than all of their neighbors, according to the World Happiness Report 2018. Pakistan rose from 80th place in 2017 to 75th place this year while all of its neighbors slid from last year's happiness rankings.
Comparison With Neighbors:
Bangladesh dropped 5 spots to 115 while India slid 11 places to 133 among 156 nations…
ContinueAdded by Riaz Haq on March 14, 2018 at 7:30pm — 4 Comments
Karachi, one of world's fastest growing megacities, has seen its crime index ranking improve dramatically from 6 in 2013 to 50 in 2017, according to a survey of 327 world cities conducted by Numbeo. Karachi was ranked 47 in 2016. Reduction in violence is helping revive Pakistan's economy, making it the third…
ContinueAdded by Riaz Haq on February 7, 2018 at 2:30pm — 11 Comments
Pakistan has a population of over 200 million people and a booming trillion dollar economy ranked among the top 25 largest economies of the world.…
Added by Riaz Haq on January 20, 2018 at 11:00pm — 14 Comments
Pakistan's tourism industry, currently estimated at $20 billion (6.9% of GDP in 2016), is booming, according to data available from multiple reliable sources. World Travel and Tourism Council (WTTC) forecasts it to grow to over $36 billion within a…
ContinueAdded by Riaz Haq on January 18, 2018 at 5:30pm — 42 Comments
Pakistan is the 5th largest motorcycle market in the world after China, India, Indonesia and Vietnam. With 7,500 new motorcycles being sold everyday, Pakistan is also the among the world's fastest growing two-wheeler markets. Passenger car and motorcycle sales in Pakistan are both soaring at rates of over 20% a year. …
ContinueAdded by Riaz Haq on January 16, 2018 at 7:30pm — 14 Comments
Pakistan is now the world's third fastest growing economy among the world's top 25 economies with PPP GDP of over one trillion US dollars, according to the International Monetary Fund (IMF). IMF has recently raised the country's 2018 growth forecast to 5.6%.…
Added by Riaz Haq on January 14, 2018 at 10:30am — 8 Comments
The World Bank sees Pakistan's GDP to grow 5.5% in current fiscal year 2017-18 ending in June 2018, a full percentage point faster than the 4.5% average GDP growth for Emerging and Developing Economies (EMDEs) that include Argentina, Brazil, China, India, Nigeria and Russia among others. However, Pakistan economic growth continues to lag growth forecast for regional economies of…
ContinueAdded by Riaz Haq on January 11, 2018 at 10:24am — 4 Comments
Per capita income in Pakistan, often described as a "failed state", grew 22% from 2012 to 2017, according to data from international sources. This is remarkable given major…
ContinueAdded by Riaz Haq on December 31, 2017 at 2:30pm — 2 Comments
Large Scale Manufacturing (LSM) in Pakistan shot up 11.3% in the first two months of fiscal year 2017-18, according to the Federal Bureau of Statistics (FBS). It represents a big surge from 5.7% LSM growth seen in Fiscal 2016-17.…
Added by Riaz Haq on November 8, 2017 at 8:00pm — 3 Comments
Added by Riaz Haq on September 15, 2017 at 10:30pm — 19 Comments
Multiple western newspaper headlines are screaming of a "disaster in the making" in Pakistan after the latest population census in the country. These headlines beg the following questions: Is Pakistan's total fertility rate of 2.62 children per woman a bigger disaster than the sub-replacement level of less than 2 children per woman in the West? Are the rapidly aging western…
ContinueAdded by Riaz Haq on September 10, 2017 at 10:30am — 19 Comments
In its latest economic growth projections, Kennedy School's Center for International Development (CID) at Harvard University expects Pakistan's annual GDP growth to average 5.97% over the next 8 years, ranking it as the world's 6th fastest growing economy.…
Added by Riaz Haq on July 8, 2017 at 4:00pm — 10 Comments
Added by Riaz Haq on May 28, 2017 at 6:30am — 13 Comments
Added by Riaz Haq on January 1, 2017 at 6:30pm — 26 Comments
A November 2016 World Bank report says that Pakistan has successfully translated economic growth into the well-being of its poorest citizens. It says "Pakistan’s recent growth has been accompanied by a staggering fall in poverty".
Rising incomes of the poorest 20% in Pakistan since 2002 have enabled them to enhance their living standards by improving their diets and acquiring television…
ContinueAdded by Riaz Haq on November 18, 2016 at 10:00am — 5 Comments
The Asian Development Bank (ADB) has raised Pakistan's economic growth forecast for fiscal year 2017 (from July 2016 to June 2017) from 4.8% to 5.2%. The Bank also sees brighter outlook for the the entire South Asian region. However, the prospects of even a limited India-Pakistan war could derail the economies of the entire South Asia region. I hope that sanity will prevail in New Delhi to tone down its …
ContinueAdded by Riaz Haq on September 29, 2016 at 11:00am — 7 Comments
Pakistanis are spending about $3.5 billion on Eid ul Azha this year, according to analysts. This includes $2.8 billion worth of livestock and another $700 million on clothes, shoes, jewelry and various services. This amount represent a huge transfer of wealth from…
ContinueAdded by Riaz Haq on September 13, 2016 at 10:30am — 7 Comments
Pakistan's energy consumption grew by 5.7% in 2015, faster than the 5.2% increase in neighboring India that claims significantly faster GDP growth. Primary energy consumption growth in a country is often seen as a strong indicator of its GDP growth. Ever since the advent of the industrial age, energy has become increasingly important as a driver of farms, factories, communication, transportation,…
ContinueAdded by Riaz Haq on July 24, 2016 at 11:42pm — 53 Comments
Prime Minister Nawaz Sharif will survive Opposition's political challenges emanating from the Panama Leaks corruption allegations, according to an analysis by Eurasia Group, an international political risk consultancy that bills itself as "the world's largest political risk consultancy".…
ContinueAdded by Riaz Haq on July 7, 2016 at 9:42pm — 8 Comments
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In a campaign speech on May 1, Indian Prime Minister Narendra Modi bragged about his campaign of transnational assassinations of individuals he has labeled "terrorists". “Today, India doesn't send dossiers to the masters of terrorism, but gives them a dose and kills them on their home turf", he is reported to have said, according to a tweet posted by his BJP party. Last…
ContinuePosted by Riaz Haq on May 3, 2024 at 5:09pm — 2 Comments
Samsung is seeing strong demand for its locally assembled Galaxy S24 smartphones and tablets in Pakistan, according to Bloomberg. The company said it is struggling to meet demand. Pakistan’s mobile phone industry produced 21 million handsets while its smartphone imports surged over 100% in the last fiscal year, according to …
ContinuePosted by Riaz Haq on April 26, 2024 at 7:09pm
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