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Making 2024 count economically

A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…

From steam engines to silicon chips

The economic and social development of nations since the 19th century has been influenced by technological advancements, political governance, education, global trade, and social movements. The Industrial Revolution of the…

IT boost for economic growth

Total world trade in IT services crossed $1 trillion in 2023 – and it is growing. IT services are now 14 per cent of all services trade, a big jump…

Pakistan’s economic potential

AS Pakistan approaches its 75th independence anniversary, it is sad to witness the economy again mired in difficulties. One could argue that it’s a global phenomenon, with Covid-19 and the…

Radical economic transformation

One of the questions, especially after the February 8, 2024 fiasco, is what the big picture thinking of Pakistani decision-makers is. Today, I wanted to explore one theory. The plan…