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With November figures for petroleum sales finally out, it looks as if the first half of FY15 will be much quieter for petroleum consumption in the country.
Alif Ailaans Voice of Teachers survey report is a treasure trove for those who wish to take a peek into whats wrong with Pakistan's education system. Well, at least from the perspective of what the teachers have to say about it.
Pakistan has scaled many heights in microfinance sector in the last decade and a half. Now a latest report by the Economist Intelligence Unit (EIU) shows the country among top performers for regulatory environment for financial inclusion.
The macroeconomic indicators are shaping well. The biggest relief is coming in the form of low inflation and falling inflationary expectations. Inflation was the biggest shock Pakistan’s economy faced in the past 6-7 year: Average yearly inflation in FY08-14 was 12 percent against 6.4 percent in FY00-08. The high inflationary era coupled with low growth had crippled the middle-class and disturbed the long-term equilibrium of the economy.
Most economists from Pakistan’s economic community have been highlighting how the country’s defence spending eats into annual budgetary spending. Despite that consensus, however, there are certain camps within Pakistani society argue that because the three military forces offer countless employment opportunities to the non-affluent class, it has a positive impact on the country’s socioeconomic fabric.
It won’t be wrong to say that CY14 is the ‘year of IPOs’. Even as the year comes to its close, Synthetic Products Enterprises Limited (SPEL), along with the IPO of Systems Limited, is next in the line of offerings.
After NetSol, Avanceon, and The Resource Group, Systems Limited would be the fourth technology company to be listed on the stock exchange. The initial public offering of Systems Limited was scheduled to be held on December 5,, 2014 with the offer consisting of a total of 13 million ordinary shares.

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 15, 2014
Reserves $13.922 bln