Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Government vows to drop down inflation by 15% by the end of July with the help from our ally neighbours and this is indeed a great achievement made for the economic betterment of the country. However the question is that will this be of any help to the common man? 10 billion dollars of Foreign […]
Karachi: (Saturday, July 21, 2012) One of the reasons as to why there seems no end to inflation in Pakistan is thefederal government’s heavy borrowing from the central bank of the country. According to the sources at State Bank of Pakistan (SBP), in last six days alone, the government has borrowed about Rs51 billion from […]
Islamabad: (Wednesday, July 11, 2012) in the name of monthly fuel adjustment, the National Electric Power Regulatory Authority (NEPRA) has increased the electricity prices by Rs 1.51 per unit. This price hike in electricity tariffs will be implemented in the bills for the month of May. However, the consumers will have to pay these charges […]
Refusing to take protocol and privileges announced in the National Finance Bill 2012-13, President Pakistan Muslim League-Nawaz (PML-N) Nawaz Sharif said he does not need the resources provided for the former rulers. While addressing a seminar ‘Pakistan Economy from present crisis to growth and prosperity’, he asserted that he will never use such funds from […]
When elections are up in coming, the most incompetent political leaderships change at such times and they talk politics less and more the people’s welfare. The present lot remains obsessed with its dirty politics as zestfully as in the past. They seem thinking our people eat politics, breathe politics and dream politics, which certainly they […]
Pakistan registers inflation at 11.3% during April Wednesday, May 3, 2012: Pakistan has been struck with high inflation due to increase in fuel prices. During the month of April the inflation rate was clocked in at 11.3 %. Sohail Ahmad, Statistics Division Secretary, said, “Consumer Price Index (CPI increased to 11.27% in April over the […]
Inflation to stick above 9 in next fiscal year The unbridled inflation Pakistan has been through do not seem ending even in the next fiscal year as according to the estimations recently shared by the government itself sees inflation to remain around 9.5 percent. In an attempt to rescue the government employees from the phenomenon, […]
Economy – Can the govt. afford to remain indifferent Economy in Pakistan seems getting back on to the track as for the fiscal year ending this June, the State Bank of Pakistan (SBP) has envisioned the GDP to grow by 3 to 4 per cent. Given the recent political and administrative scenario which collectively poses […]
The Pakistan Tehreek-e-Insaf (PTI) has said the only good aspect of President Asif Zardari’s address to the joint session of the parliament was that he performed this ritual for the consecutive fifth time. Otherwise in his entire speech, the president distorted facts to prove that the government had performed well over the last four years. […]
According to the market trends’ report released by the research firm, ComScore, there has been $32 billion already spent on the gift shopping through online forums from November 1 to December 18. This is hard to believe because the economy is still dwindling with a poor financial health. Despite the otherwise downhill ride of the […]
A letter to the people of Pakistan (Part 1) Dear Pakistani Nation, I am sick and tired of hearing you people whine about inflation, injustice, corruption, immorality and last but not the least, the government. Your non-stop complaining is giving me a headache and has forced me to give you people a shut up call. […]
IMF fears security concerns may further limit capital inflows to Pakistan The International Monetary Fund (IMF) on Tuesday warned the outlook for Pakistan’s economy for the current fiscal year ending June 2012 is “challenging” adding that the global risk aversion and security concerns might further limit capital inflows to the country. The fund held talks […]
