Sustainable Agriculture Part I

Sustainable Agriculture — Part I

Pakistan is an agricultural economy, and it is important to reinforce the real contribution of agriculture to Pakistan’s GDP. While its direct weightage is approximately 23 per cent, its indirect contributions are in the north of 45 per cent. This is based on backward and forward links determined by the ADB between agriculture and other sectors of the economy, as calculated by the Bank of Punjab (BOP) research team in a joint project with PIDE and the Planning Commission.

Transforming small & medium businesses

Transforming the Lives of SMEs

The Small and Medium Businesses (SMEs) in Pakistan plays a pivotal role in the country’s economy. They are part of essential building blocks of any economy, which significantly contributes towards employment generation through entrepreneurship resulting into greater social good. With a diverse range of businesses such as Manufacturing, Services, and Agriculture, SMEs are the backbone of Pakistan’s entrepreneurial landscape. Small businesses are undoubtedly significant in terms of their ability to strengthen local communities.

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IFIs at a Crossroads

In October, as the world’s attention turns toward Morocco for the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF), it is an historic moment to contemplate the legacy of these two leading global lending institutions.

Economic-World-War

Economic World War

The World Bank and the IMF have played a pivotal role in shaping the global economic landscape and improving the lives of millions in Pakistan and South AsiaIn October, as the world’s attention turns toward Morocco for the Annual Meetings of the Worl ...

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Challenges of Modern Banking

The recent developments in the international financial system have ushered in something akin to a Gutenberg moment. In the face of this defining point in time, the banking landscape finds itself at a crossroads in many ways than one — regulation soul-searching to redefine social media and artificial intelligence (AI) usage to environmental, social, and governance (ESG), etc.

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The Case Against Rearrangement of Local Sovereign Debt

There has been talk lately about the requirem­ent of local currency debt rearrangement for Pakis­tan, necessitated by the fact that the government’s debt servicing, budgeted for 2023-24 at Rs7.4 trillion, has increased to approximately 75 per cent of total tax collection and exceeds the net revenues, after transfer to provinces, of Rs6.9tn.