Tag: growth

Agriculture revival bangs ADB’s forecast on growth

| No Comments

The Asian Development Bank has forecasted Pakistan’s growth estimated to still be above for the last budget year 2016-17 because of the turnaround in the agriculture sector along with increasing consumer demand and construction activities, stated by the Bank. ADB, in addition to its flagship Asian Development Outlook (ADO) for 2017 report, said the initial […]…Read More

Sequential Growth of PTCL Revenues by 3% in Q2 2017

| No Comments

PTCL announced the financial results for the first half of 2017 in its Board of Directors’ meeting at Islamabad. A sequential growth of 3% was recorded in PTCL’s revenue in Q2 17 over Q1 17. Revenue from PTCL’s flagship Broadband service increased over same period last year. Likewise, wholesale services and international revenues also increased. […]…Read More

Pakistan will soon reach higher economic growth: ADB

| No Comments

Vice President of Asian Development Bank (ADB), Wencai Zhang said Pakistan can achieve good economic status in coming years if we observe the pace of ongoing work for economic growth. “I am truly impressed by the efforts of Pakistan government to stabilize the macroeconomic indicators showed encouraging performance in the country during recent years. The […]…Read More

Pakistan’s economic growth to hit 5.5% in 2017/18: World Bank

| No Comments

Flourishing agriculture with Chinese infrastructure would lead Pakistan’s economy to 5.5% growth in the economic year 2017-18 said the World Bank. The Washington-based investor projected this growth at 5.8 %. “Pakistan’s weather, cotton prices, China-Pakistan Economic Corridor infrastructure project and a stable macroeconomic environment together all have increased in private investment,” said the World Bank. […]…Read More

Impact of mulching on soil health and plant growth

| | No Comments

article image THE ENGLISH word mulch has been used since the 17th century, is probably derived from the German vernacular "Molsch" meaning soft or beginning to decay. Mulch is a material applied to the soil surface to prevent loss of water by evaporation, to suppress weeds, to reduce temperature fluctuations or to promote productivity. It is one of the important agronomic practices for conserving soil moisture and modifying the soil health. Nature produces large quantities of mulch all the time…Read More

Pakistan needs to improve energy, security to boost growth

| | No Comments

article image ISLAMABAD: The Asian Development Bank (ADB) on Monday said that further improvements in energy supply, higher infrastructure investments, and an improved security environment will help push up Pakistan’s economic growth over the next two years. In supplement to its flagship Asian Development Outlook (ADO 2016) released in March, the ADB updated its growth forecasts for the region in the context of market shocks from the Brexit vote, saying the growth in Asia and the Pacific’s…Read More

The disconnect in Pakistans trade and GDP growth

| | No Comments

article image Contra¬ry to region¬al trends, there is parado¬x underl¬ying Pakist¬an’s growth trajec-tory. In Pakistan, trade grew 1.2% lower than our GDP, while on a global basis, trade has grown 1.8% ahead of global GDP growth on average.In the recently-concluded American Business Council Economic Summit, titled Beyond Borders: Trade Treaties and their Implication’, I presented the hypothesis that "in all successful economies, GDP growth has a direct correlation with trade growth"…Read More

Marvellous link between Pak trade and GDP growth

| | No Comments

Contrary to regional trends, there is paradox underlying Pakistan’s growth trajec¬tory. In Pakistan, trade grew 1.2% lower than our GDP, while on a global basis, trade has grown 1.8% ahead of global GDP growth on average. In the recently-concluded American Business Council Economic Summit, titled Beyond Borders: Trade Treaties and their Implication’, I presented the hypothesis that "in all successful economies, GDP growth has a direct correlation with trade growth". …Read More

Academia-industry linkages stressed to boost growth

| | No Comments

article image STAFF REPORT LHR: The gap between education and its practice can be narrowed by linking up academia and industry, Prof James Trevelyan from the University of Western Australia has said. Trevelyan was addressing the seminar titled Bridging the Education-Practice Divide: Developing Graduate Engineers Who Standout from the Crowd’ held at the University of Engineering and Technology (UET), Lahore. He emphasized the importance of research and being aware of new trends in engineering…Read More