Wonder how economy got a boost in the middle of pandemic? Well, you shouldn’t. The poor economy is self-pulling from the adverse effects of Khan’s Slogan. “Kisi ko naheen chooron ga”. Surprised? Look, financial transaction is the backbone of the economy. It’s like a fuel for the automobile. You don’t have to be an economist … Read more The Secret Behind Sudden GDP Growth
Coronavirus lockdown is causing pain for many of us. But it does carry some potential benefits for Pakistan. Here are some of these: 1. The calamity is worldwide. It’s not for Pakistan only, so nothing to worry about. 2. Coronavirus will release the pressure of following the IMF guidelines for the economy of Pakistan. 3. … Read more Coronavirus Lockdown: The Potential Benefits For Pakistan
Hot money is the short term investment that is behind the positive indicators of the economy of Pakistan. But in fact, it’s killing our economy. Here is how it works. Usually, Euro bonds and US treasury bills are floated at 7% or 8% interest rate. But the State Bank of Pakistan has set the interest … Read more Hot Money: A Destructive Strategy For Our Economy
Are we moving towards economic stability? Well, the signs of improvement are showing up amid high inflation and unemployment rates. But we will cover it with a different angle today. So let’s start. Positive Signs Stable Exchange Rate Pak Rupee devalued considerably earlier this year. From Rs.120 for a dollar, it plunged to Rs.160 in … Read more Economic Stability: Are We Moving Towards It?
FBR issued a general order to clarify the CNIC condition, but in fact, it created more confusion. The condition of CNIC was introduced in the finance act 2019, which requires the registered sellers to take CNIC of their buyers and then print it on the invoices. And, for a fake id, the seller is exempted … Read more CNIC Condition And The Struggling Economy