At least 22 people have frozen to death after heavy snow trapped them in their vehicles as tens of thousands of visitors thronged Pakistan’s hill town of Murree, officials say. Videos circulated on social media in which people are seen dead in stranded cars covered with the snow.
Politics and the economy of South Asia is dominated by India; smaller states fear an Indian hegemonic design in the region. New Delhi’s aspirations for being a regional power stand in contrast with its conflicts with its SAARC neighbors.
According to Dr. Farid A Maik, an ex-chairman of Pakistan Science Foundation, confusion and lack of direction prevail combined with vested interests it is a lethal combination. After debt servicing and defense expenditure, almost 60% of resources are consumed.
Saudi and Emirati efforts to position their countries as the Muslim world’s beacons of an autocratic notion of moderate Islam have done little to encourage moderation beyond their borders despite a radical cutback in decades-long global Saudi funding.
Productivity and exports are profoundly and directly proportional as the latter not only brings foreign exchange into the economy but is also indispensable for financing the desired imports and additionally reducing macroeconomic risks.
The system of meritocracy has attracted distinguished professors of international repute to join the University of Haripur. In a recent study conducted at Stanford University, USA, seven faculty members of UoH led by Prof. Gilani were listed in the top 2% of scientists of the world.
Pakistan is now accepting loans at an alarming rate of roughly PKR 16 billion per day, with this figure predicted to rise to PKR 20 billion by the end of 2022 and PKR 35 billion by the end of 2025 if the current trend continues. Because the loans are backed by statutory guarantees.
The focus in Pakistan is to promote multiple initiatives of essentially the same type in the same city or region. If we take the example of Islamabad, prioritized all-round development of one high-tech special economic zone, such as NUST-based National Science and Technology Park (NSTP).
Lt Gen. (r) Asad Durrani, a retired 3-star rank general in the Pakistan Army laments how core security matters, the NSPs at times pointed out that the incumbent policymakers and executioners, usually on post for a limited time, may not be aware of the history of the issue and its complexity
China is influencing the countries around the world through its economic policies. It is heavily investing in the infrastructure of developing countries. Goods and services are flowing from and into China because of the cheap and affordable prices.
Today, India keeps on arguing that the Kashmir dispute is a bilateral issue between India and Pakistan, and hence it can’t be brought to the international fora for its peaceful resolution. Historically speaking, it is a fact that Pakistan attested the latter in the Shimla Agreement of July.
Pakistan’s geo-economic strategy is doomed to fail if it cannot build a solid foundation. China attained consistent double-digit growth over multiple decades before it embarked on its geo-economic agenda. Other main practitioners possess vast reserves of energy resources.
