Riaz Haq's Blog – January 2023 Archive (5)

India at WEF2023: UP CM Yogi Adityanath Feared Arrest, Canceled Davos Visit

Yogi Adityanath, the radical Hindu Chief Minister of the Indian state of Uttar Pradesh, canceled his plans to lead a delegation to the 2023 World Economic Forum at Davos, Switzerland. The cancellation came after a criminal complaint was filed against the Hindu Nationalist leader who is widely seen as Prime Minister Modi's successor. …

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Added by Riaz Haq on January 29, 2023 at 9:00am — 12 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…

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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…

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

Climate "Loss and Damage": Pakistan Gets Flood Aid Pledges of $10 Billion

Pakistan has received pledges of $10 billion worth of loans and grants to rebuild after devastating floods last year, according to Bloomberg News. The amount pledged exceeds the $8 billion that Pakistan sought at the United Nations Donors Conference that concluded today in Geneva, Switzerland. The massive floods affected 33 million people living on vast swathes of land in rural Sindh and…

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Added by Riaz Haq on January 9, 2023 at 6:00pm — 32 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 …

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Added by Riaz Haq on January 1, 2023 at 4:30pm — 145 Comments

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    Blog Posts

    Solar Power Boom in Pakistan

    Falling solar panel prices and soaring rates for grid electricity are driving a renewable power boom in Pakistan. A second factor spurring the growth in clean energy installations is the requirement of major western apparel brands for garments and textile manufacturers to switch to clean energy. As a result, the solar panel imports in the country jumped from 2,800 MW in 2022 to 5,000 MW in 2023, in…

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    Posted by Riaz Haq on July 10, 2024 at 12:30pm — 1 Comment

    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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    Posted by Riaz Haq on July 4, 2024 at 6:00pm

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