Latest in: Pakistan Economy
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Pakistan needs exciting and meaningful homegrown solutions to economic troubles – Mossadaq Chughtai
Despite many efforts, recent nominal upsurge in direct foreign investments and Pakistan’s current macroeconomic indicators have not earned confidence of the business community, a leading entrepreneur said Instead of making tall claims, the government should introduce meaningful...February 7, 2020 1527 0 -
IMF review acknowledges Pakistan’s ‘strong fiscal performance’
Decisive policy implementation since June has started to reverse Pakistan’s large imbalances, preserving financial stability, the International Monetary Fund said in its first review of the loan facility for the country. The Fund, which this week...December 24, 2019 1115 0 -
‘If Kashmir is challenge to peace, economy is battle for Pakistan’s survival’
Pakistan can fight its Jammu and Kashmir case meaningfully if it strengthens its economy because economic uplift of its people would win wider international support for its peace and security stance, a prominent entrepreneur argues. “Pakistan...August 29, 2019 1195 1 -
Pakistan’s friends help avert default with $16 billion loans, trade concessions in one year
The oil-rich Gulf state of Qatar is the latest country to rescue Pakistan, announcing a $ 3 billion bailout package for the South Asian country reeling under financial crisis. Since he came to power in July...June 25, 2019 693 0 -
Quality IT education can quickly expand Pakistani digital exports
Pakistan needs to encourage its information technology sector to maximize exports to international markets including the United States and overcome the twin challenges of trade and current account deficits, a technology investor says. “There has been...June 21, 2019 845 0 -
‘Value-added food exports can help ease Pakistan’s economic troubles’
Image: A Pandak Farms orange orchard A pioneer in high-tech farming in Pakistan, Mossadaq Chughtai, says increasing exportable agricultural products and value-added food items can greatly help the country in meeting the economic challenges Amplifying exportable surpluses...June 14, 2019 1041 0 -
What is the way forward for Pakistan when 56% of budget goes to debt servicing?
So, what has forced Pakistan to come up with a bleak budget for the new year? Is it the dismal growth at just over three percent of GDP, the fulfilment of IMF bailout conditions or sloganeering...June 12, 2019 787 0 -
Why Pakistan must begin economic recovery with support for entrepreneurship
Pakistan’s National University of Science and Technology Campus, Credit: Knowfahad /Wikimedia Commons When rideshare giant Uber acquired Careem for $3.1billion in March, it marked a celebration of a Pakistani co-founder Mudassir Sheikha and his colleague’s entrepreneurship...May 26, 2019 1011 0 -
‘Incentives for remittances, exports, not panic measures, will help Pakistan economy’
Pakistan needs to take both immediate and long-term steps to stop the free fall of Rupee as the weak currency is undercutting economic prospects, a Pakistani-American business leader says. Mossadaq Chughtai, who runs enterprises in both...May 22, 2019 1097 0 -
Imran Khan faces questions after conditions-loaded IMF deal
The Imran Khan Government feels the heat of a conditions-loaded IMF bailout deal as stocks plunged a day after the country concluded a $6 billion arrangement with the lending institution. Despite the fact that Prime...May 13, 2019 1362 1