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Pakistan’s efforts to reduce poverty over the years have been reversed by COVID-19, introducing a new group of impoverished individuals classified as “New Poor, the segment of the population expected to become non-poor before COVID-19”. These individuals or households who previously maintained…
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Narcotics trafficking and drug abuse have been eroding Pakistan’s economy and society for a long time and have become a growing concern. Despite maintaining a zero-tolerance policy against all types and forms of drugs, Pakistan has not been able to eliminate the…
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Pakistan and Russia have made significant progress in defence, economic, and geopolitical cooperation since the early 2000s. The bilateral relations have improved ever since Pakistan’s active commitment to fight terrorism. The key developments include foreign ministers' meetings, defence collaborations, and Russia's support…
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The notion that the United States of America (U.S.A.) is a self-proclaimed superpower is complex and multifaceted. While the U.S. has undeniable strengths, various factors, including military ambiguities that have influenced globalisation in the post-9/11 era - particularly its unilateralism in an…
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The Investment Facilitation for Development Agreement (IFDA) holds significant potential for enhancing Pakistan's investment climate and attracting greater Foreign Direct Investment (FDI). This agreement, encompassing nearly 130 WTO members, seeks to simplify administrative procedures, strengthen anti-corruption measures, and promote responsible business conduct,…
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This study critically examines the development of Special Economic Zones (SEZs) in Pakistan, with a focus on those established under the China-Pakistan Economic Corridor (CPEC). It identifies key challenges including attracting Foreign Direct Investment (FDI), promoting export diversification, and enhancing employment opportunities.…
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This economic brief outlines a cautiously optimistic recovery for Pakistan’s economy following a contraction in FY23. The GDP growth rate rebounded to 2.4% from -0.2%, driven predominantly by a robust agricultural sector which expanded by 6.25%. This resurgence highlights Pakistan’s reliance on…
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A blackout is defined as a complete loss of electrical power to an area and represents the most extreme form of power outage that can occur in a power system . This paper investigates the technical aspects of blackouts in Pakistan, meticulously…
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This policy brief explores the investment opportunities and challenges associated with attracting Foreign Direct Investment (FDI) into Pakistan. Established in June 2023, the Special Investment Facilitation Council (SIFC) aims to streamline the investment process and create a more investor-friendly environment. By removing…
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Solar power is an ideal solution for Pakistan's electricity crisis and is environmentally friendly. This paper highlights the economic development of solar panels, some related environmental factors in Pakistan, and the existing policies on solar panels in Pakistan. By highlighting the benefits…