Dr. Ghulam Mohey-ud-din, Principal Economist
Pakistan’s economy has long been in the grips of financial instability, characterized by a rising debt burden and frequent recourse to external financing. The recent statement by Finance Minister Muhammad Aurangzeb underscores the urgency of the situation, as he highlighted
The ‘aerospace and aviation industry’ is a crucial sector of the global economy, making a significant contribution to air transportation, trade, employment, national security, as well as the overall economic growth of the world. According to a report by the
Water scarcity is a pressing issue not only in Pakistan but in the world as a whole. Numerous factors such as climate change, global warming, water and air pollution, and inadequate water resource management contribute to the global water crisis.
The assumption that ‘Pakistan is an agricultural economy’ is largely acknowledged because the agriculture sector of Pakistan still employs 39 percent of the entire labor force and contributes a substantial 22 percent share to the national GDP. Even though more
Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though there is many a slip between the cup and the lip, the latest news from the Geneva conference about generous pledges worth US
The growing population and economy of Pakistan are pushing up energy demand. Unfortunately, the country’s energy mix heavily depends on imported fossil fuels, leading to rising energy prices and posing a substantial challenge to the competitiveness of Pakistani products in
In recent years, digital money and payment systems have become the significant tools for improving the tracking of economic transactions and documentation of the economy throughout the world. Pakistan, like numerous other nations, is gradually realizing the importance of implementing
In Pakistan, managing the unofficial economy presents a multitude of complicated issues. The lack of documentation and absence of adequate record-keeping constitutes one of the key obstacles. This makes it hard for the government to maintain track of business activity, tax
Pakistan is currently grappling with a severe economic crisis characterized by escalating electricity and fuel prices and a depreciating foreign exchange rate, resulting in widespread public discontent. The public and business communities are vociferously protesting against the surging electricity bills,
While nobody can deny the fact that cities are the engines of economic growth and are essential for harnessing the benefits of agglomerations and economies of urbanization, integrated and inclusive rural transformation is just as important as urban development in