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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…
ContinueAdded by Riaz Haq on February 7, 2023 at 9:30am — 7 Comments
On November 9, 2021, the United States, the world's most vocal supporter of human rights, voted against a United Nations committee's draft on the right to food which passed by 180 votes in favor to 2 against (Israel, United States). The UN committee expressed alarm that in 2020, "the number of people lacking access to adequate food rose by 320 million ‑ to 2.4 billion ‑ amounting to nearly a third of the world’s population, and that between 720 million and 811 million people…
ContinueAdded by Riaz Haq on February 1, 2022 at 9:00am — 7 Comments
The year 2021 is turning out to be a banner year for Pakistani tech startups. At the end of the third quarter of the current year, technology startups have already raised $278 million, twice the funding raised in the previous 5 years combined. In per capita terms, this is still just over $1 per person, a lot less compared to neighboring India where startups attracted …
ContinueAdded by Riaz Haq on October 1, 2021 at 4:30pm — 127 Comments
Pakistan's technology sector is in the midst of an unprecedented boom. It is being fueled by the country's growing human capital and rising investments in technology startups. A recent tweet by Swedish fund manager Mattias Martinsson captured it well when he wrote, "Have followed Pakistan for 15 years. Can't recall any time time when VC activity was anywhere near we've seen in the last few months.…
ContinueAdded by Riaz Haq on August 31, 2021 at 6:30pm — 25 Comments
Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh has surpassed Pakistan as the Pakistani economy has suffered significant slow-down from the previous decade. In fact, the Pakistan economy grew at the slowest rate in South Asia as reflected in per capita incomes. However, the income inequality in Pakistan continues to be the lowest in South Asia. …
ContinueAdded by Riaz Haq on April 14, 2021 at 6:30pm — 18 Comments
The latest national health survey in Pakistan indicates rising immunization rates, growing access to skilled health care and declining child mortality rates. However, the improvements in education and health care indicators in Pakistan are real but slower than in other countries in South Asia region. Pakistan's …
ContinueAdded by Riaz Haq on March 19, 2019 at 10:46pm — 6 Comments
Pakistan's human development ranking plunged to 150 this year, down from 149 last year. It is worse than Bangladesh at 136, India at 130 and Nepal at 149. The decade of democracy under Pakistan People's Party and Pakistan Muslim League (Nawaz) has produced the slowest annual growth rate in the last 30 years. The fastest growth in Pakistan human development was seen in 2000-2010, a decade dominated by …
ContinueAdded by Riaz Haq on September 15, 2018 at 8:34am — 5 Comments
The scribe was interviewed live on Facebook for Day Dreamers Show by its host Dr. Aijaz Qureshi Canadawalla on August 24, 2018. The discussion began with introductions. It focused on the following topics:
Riaz… |
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…
ContinueAdded by Riaz Haq on August 21, 2018 at 10:30am — 8 Comments
Pakistan has announced plans to develop and produce 5th generation fighter plane, according to media reports. It's part of Pakistan Air Force's highly ambitious Project Azm that includes building Kamra Aviation City dedicated to education, research and development and manufacturing of advanced fighter jets, unmanned aerial vehicles (UAVs) and weapon systems.…
Added by Riaz Haq on August 1, 2017 at 11:30am — 97 Comments
Pakistan experienced rapid economic and human capital growth in years 2000 to 2008 on President Pervez Musharraf's watch. Savings, investments and exports hit new records and the rate of increase in human development reached new highs not seen before…
ContinueAdded by Riaz Haq on January 19, 2014 at 5:30pm — 18 Comments
While Pakistan's HDI of 0.504 (2011) ranks it among UNDP's low human development countries, its largest city Karachi's HDI of 0.7885 (2005) is closer to the group of nations given high human development rankings.
In a…
ContinueAdded by Riaz Haq on November 9, 2011 at 9:30pm — 4 Comments
Those who cite the 1986 World Bank study to argue that the social rates of return for h
igher education are 13 percent lower than return on basic education must remember the following: Hundreds of millions of lives in Asia were saved as a result of the success of the Green Revolution that was enabled by a combination of US aid, and the capacity of the recipient nations to absorb it by virtue of the availability of local college graduates in agriculture and engineering.
The…
Added by Riaz Haq on April 19, 2011 at 2:00pm — 6 Comments
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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. …
ContinuePosted by Riaz Haq on February 27, 2024 at 5:30pm
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…
ContinuePosted by Riaz Haq on February 16, 2024 at 9:22pm — 1 Comment
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