Discovering the Economic journey of Pakistan as we compare its inflation rates with other South Asian countries (Bangladesh, India, Sri Lanka, Nepal) from 1972-2022. The race chart is providing a comprehensive overview of how inflation rates have evolved over a span of 50 years.
What are your thoughts on the comparison of Pakistan's inflation rates…
Remittances, those vital financial lifelines that bridge borders and sustain families, reveals a significant 19.3% decline. However, this isn't just a numerical drop; it's a reflection of the broader context of political and economic instability in Pakistan.
In the quest to conquer the cosmos, two neighboring nations embarked on separate journeys to the Moon. Pakistan, with its pioneering space agency SUPARCO, had a head start, venturing into space exploration over a decade before its neighbor, India, took its first lunar leap with ISRO. However, as they raced towards the Moon, the trajectories…
Let's explore the wage diversity among electricians across different cities in Pakistan. The wage data reveals interesting disparities, shedding light on the economic landscape in various regions:
1) Islamabad: Leading the Pack
Electricians in Islamabad command the highest wages, with an impressive average wage of 385 Rs. This reflects the city's status as the…
Pakistan stands at 87th place in the World Innovation Index.
Barriers to Innovation:
There are many reasons for Pakistan's slower pace in innovation. A big issue is the lack of collaboration between universities and industries. Additionally, not enough investment in human development is holding back the growth of a strong innovation culture.
Learning from India:…
Pakistan International Airlines (PIA) finds itself in a challenging financial situation, with its total losses projected to exceed a staggering Rs800 billion by the end of the current calendar year. To put this figure into perspective, it would take a full century to repay all its debts and liabilities.
The people in charge of PIA…
In the TIOBE Index for August 2023, Python remains the top in the programming world. It's like the captain of the team because it's flexible, not too hard to learn, and can be used in lots of different areas like websites, number crunching, and smart robots.
Now, C is like a wise old guru sitting…
When interest rates increase, borrowing becomes more expensive. This includes not only loans for big-ticket items like homes but also financing for vehicles. The cost of financing a car or other forms of transportation increases with the increase of interest rates. As a result, potential buyers might reconsider purchasing a vehicle or delay their plans,…
(Sep 2021 - Aug 2023)
Even as the interest rates rise on credit cards, a surge in the number of users/consumers of credit card is seen. The reason behind this is the record-breaking inflation that is forcing public - specially the middle-class - to rely on credit cards to fulfil their basic necessities.
September 2021- August 2023
Over the course of almost two years, Pakistan's economy has been navigating a significant and sustained increase in interest rates, a phenomenon that holds far-reaching implications for the nation's economic landscape. Beginning in September 2021 and extending through August 2023, this period of escalating interest rates has set the stage for…
A recent analysis of global government spending patterns has unveiled significant disparities in resource allocation among several countries, particularly in terms of education and military expenditures. The data underscores the diverse budgetary priorities that shape each nation's approach to investing in its future development and safeguarding national security.
Notably, Pakistan's expenditure allocation paints a striking…
In 2023, the Pakistan Stock Exchange (PSX) continues to be an important place where people invest their money. People who want to be part-owners of a company buy its stocks, and they hope that the company will make good profits so their stocks become more valuable.
So, this poster is like a special periodic table.…

