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The pursuit of economic growth may remain elusive without improving human capital. As per Euromonitor, almost 35 percent of Pakistan’s estimated population of 229 million in 2016 will be in the 13-29 year age bracket. Educating and training this nearly 80 million demographic – and providing a roadmap for the coming generation, for there will be nearly 63 million under-13s by 2016 – should figure really high on government agenda.
The pursuit of economic growth may remain elusive without improving human capital. As per Euromonitor, almost 35 percent of Pakistan’s estimated population of 229 million in 2016 will be in the 13-29 year age bracket. Educating and training this nearly 80 million demographic – and providing a roadmap for the coming generation, for there will be nearly 63 million under-13s by 2016 – should figure really high on government agenda.
Though internet backbone connectivity was always via satellite, broadband service in Pakistan is ready to take a leap into a fully satellite service. UAE based a global satellite solutions provider Yahsat has decided to come to Pakistan with its broadband satellite internet service, YahClick. Yahsat is a pioneer in offering cost effective satellite Internet services in more than 28 countries.
The second of July 2015 has gone down as an important day in the history books for Pakistan International Airlines. The lone jumbo jet Boeing 747 that had carried the national flag through the skies of the world since 1976, flew its last commercial flight PK-732; from Jeddah to Karachi on this day.
A look at our esoteric provincial budgets reveals that KPK is allocating the largest share – 25 percent – of its FY16 pie to education. Next are Punjab and Sindh both with 21 percent, and in last place is the neglected province of Balochistan, which has allocated 20 percent of its budget to education.
It was in 2008 when Pakistan was last seen in the ‘low’ category for the state of peace around the world. Since then, it has rested well in the ‘very low’ category showing that it is less peaceful today. Even the world has become less peaceful today than it was in 2008, the Global Peace Index 2015 reveals, showing that the indicators that have waned the most include the rising numbers of refugees and IDPs, the number of deaths from internal conflict and the impact of terrorism.
Another star on PML-Ns flag is that of inflation settling well below the budgeted target. Lady luck is with the government as due to depressed global commodity prices, headline inflation clocked in at 4.5 percent in FY15 - its lowest level in 11 years.

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln