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Economic growth amid political instability

Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ horizons leading to suboptimal short term macroeconomic policies, but it is also the cause of…

Not skilled to work

The ‘Skills for All’ programme under the ‘Kamyab Jawan’ umbrella programme (www.kamyabjawan.gov.pk) offers 240 skill training programmes at no-cost to selected candidates. Traditionally, skills-training programmes have been used to bridge…

The sky is falling

When an acorn fell on Chicken Little's head, the ruckus she raised convinced a crowd of spectators of imminent disaster. Similarly, many writers are describing current economic scenario of Pakistan…

Covid-19: economic & tax reliefs

Pakistan is facing the brunt of Coronavirus outbreak as the country is in a partial lock down. This has had a negative impact on businesses. Initial estimates show that the…

Budget Speech 2020-21

Mr. Speaker, 1. I start my submissions with the name of Allah Almighty, the most gracious, the most merciful. It is a matter of great honour and pleasure for me…

Debt suspension initiative

Pakistan hopes to a make a potential saving of $ 2.7 billion or nearly 1% of 2019 GDP, as the Paris Club, recognising Islamabad’s eligibility to benefit from World Bank’s…

Protectionism vs productivity

Pakistan has the world’s seventh-most protected economy. The country’s inward oriented trade policies have served as a substantial roadblock to integration in regional and global value chains. This is evidenced…

Stipendium Hungaricum scholarships announced

The Higher Education Commission (HEC) has announced the Stipendium Hungaricum Scholarship Programme (2022-23) for students across Pakistan and Azad Jammu and Kashmir. The programme, launched by the Hungarian Government, is…

Barriers to export-led growth

Exports have been stagnant over the last decade in Pakistan, while competing economies have witnessed commendable growth rates in exports that have strengthened their economies considerably. Pakistan’s inward-oriented trade policies…

Untapped export potential

The World Bank in its recent report states that Pakistan’s potential annual exports are $88.1 billion, about four times the current level. The opportunity cost of these missing exports is…