Pakistan's financial markets are responding to the government's recent performance figures, which have inculcated a positive feeling about the economy and their own growth prospects among leading companies in Pakistan.
Pakistan's real estate industry, which was in the doldrums since 2016, has seen a rebound in the past several months. GVS looks at to what extent is the government's construction package and the mortgage foreclosure law driving this.
Public policy expert warns that as the government’s COVID-19 stimulus packages to the consumer and industry stoke inflationary pressures, it needs to take tough decisions to continue with structural reforms to avoid the ever-cyclical growth trap for Pakistan’s economy.
Pakistan has around 2350 MWe operating nuclear capacity and 1100 MWe is underconstruction; most of it was developed with Chinese help. Nuclear energy power generation contributes about 7 percent to Pakistan's power generation. China-Pak cooperation on this front started in the 1980s with the Chashma project and continues to date with the recent K2 and K3 plants in Karachi.
The author discusses how in seventy years the People's Republic of China moved to the center of the world stage, became the world's largest economy (by purchasing power parity rating) in 2014 and what lessons does this hold for Pakistan given it was at the same level of development as China in 1949.