Tag: #EconomicGrowth
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Natural resources vs. the need for Sustainable economic growth
This opinion article has been shared by Muhammad Mustansar. Despite being rich in all-natural, material, and human resources, why are we suffering from economic problems? This question certainly bothers the conscious and educated Pakistanis to some extent. China became independent after Pakistan in 1949 and at that time China’s condition was worse, the long war…
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PM’s initiatives making Pakistan an investor-friendly country
Through industrial diversification, the long-term economic development of any country is dependent upon its productive material capabilities and the types of products that it produces for exports. Even, South-East Asian countries are now gradually moving up the industrial ladder and have developed capabilities for the production of more complex and sophisticated products, which are much…
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Political stability is a prerequisite for economic growth in Pakistan
This opinion is written by Shanawar Aziz. Pakistan, the fifth most populous country in the world, has faced severe political crisis since its inception. With the country swinging between different forms of polity and institutions, this uncertainty created by politics has spilled over in the economic domain as well. The country’s economy has been in…
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Economic Growth in Brazil!
BRASILIA, Jan 12 (XINHUA/APP): Brazilian financial analysts slightly upgraded their 2021 growth forecast, from a 3.4 percent to 3.41 percent expansion in the gross domestic product (GDP), after modifying the estimated contraction for 2020 from 4.36 to 4.37 percent, the Central Bank of Brazil said Tuesday. According to the bank’s weekly survey of the country’s…
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Economic Growth Forecast in Sub-Saharan Africa
Nairobi, Jan 5 (AFP/APP): Sub-Saharan Africa is forecast to experience economic growth of 2.7 percent in 2021 as it rebounds from its first recession in 25 years, the World Bank said Tuesday. Regional output dropped by 3.7 percent in 2020 as a result of the coronavirus pandemic and strict lockdowns enacted to stem its spread.…
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Effects of Tannery Zone Project
SIALKOT, Jan 03 (APP): Newly-elected Chairman Sialkot Tannery Zone Association Chaudhry Raza Munir said that the tannery zone project launched by the business community will put far-reaching effects on the industry. He expressed these views while talking to a delegation led by Vice-Chairman SIAL Chaudhry Muhammad Afzal Shaheen here on Sunday. The delegation was comprised…
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Fakhar Imam stressed revitalising seed technology for sustainable agriculture, economic growth
ISLAMABAD, Jul 30 (APP):Minister for National Food Security and Research Syed Fakhar Imam on Thursday stressed the need for revitalizing seed technology to enhance per-acre yield for sustainable economic growth in the country. Chairing a video link meeting on the cotton crop with Punjab Agriculture Minister Malik Nauman Ahmad Langrial, Fakhar Imam said as per…
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CPEC not for any exploitation but to enable Pakistan improve its economy: President
ISLAMABAD, Jul 23 (APP):President Dr Arif Alvi on Thursday while rubbishing the criticism on China Pakistan Economic Corridor (CPEC), said that the multifaceted gigantic project was not neither meant for exploitation nor overburdening Pakistani’s economy, rather it would enable the country to strengthen its economic position. “There has been criticism that it overburdens our economy.…
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President SAARC CCI called for increased level of connectivity among SAARC members
ISLAMABAD, Jul 05 (APP):President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Sunday called for increased level of coordination and connectivity among the SAARC member states for a prosperous region. The organisation needs to work towards achieving economic, cultural and social growth of the region, he said while talking to a business delegation…
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Chinese economic growth hits three-decade low
Beijing, Jan 17 (AFP/APP): China’s economy grew last year at its slowest pace in three decades, hit by weak domestic demand and trade tensions, but while officials warned of further headwinds, separate figures Friday suggest the downward trend is bottoming out. The 6.1 percent rate is a sharp drop from the 6.6 percent the year…