Against heavy odds
August 17, 2022
With the country reaching its 75th anniversary, there has been much doom and gloom as the economy passes through another downturn triggered by its recurring trade imbalance and debt crises. Yet, it is important to remind ourselves that notwithstanding its near-insurmountable challenges, the economy has achieved some remarkable successes — even if it has not realised its full potential.
Pakistan has increased its per capita income from around $100 in 1950 to (a vastly underestimated) $1,750 in 2022. Starting with a non-existent modern manufacturing sector, it has built one up thanks to an earlier generation of dynamic entrepreneurs and traders, many of whom had migrated from India. It today contributes 15 per cent of GDP. Literacy rates have increased from overall 15pc to 70pc for males and 50pc for females, with significant growth in higher education in recent years.
Labels: Pakistan Economy, Publications
posted by S A J Shirazi @ 8/17/2022 02:22:00 PM,
Independence Day Celebrations - 2022
August 15, 2022
Labels: Independence Day, Lahore School, Pakistan
posted by S A J Shirazi @ 8/15/2022 10:26:00 AM,
Happy Independence Day - 2022
August 12, 2022
Labels: Images, Independence Day, Lahore School, Pakistan
posted by S A J Shirazi @ 8/12/2022 11:24:00 AM,
City Campus
104 - C, Gulberg III,
Lahore, Pakistan.
Phones: 92-42-35714936, 38474385
Fax: 92-42-36560905
Main Campus
Intersection Main Boulevard Phase VI
Burki Road
Lahore, Pakistan.
Phones: 36560935, 36560939
