Riaz Haq's Blog – August 2024 Archive (5)

New Net Metering Policy: Is Pakistan's Solar Boom in Jeopardy?

Recent experience in California has shown that changes in incentives have a huge impact on residential adoption of solar power technology. Since the introduction of NEM 3.0 last year, new rooftop solar business in California has dramatically slowed. New residential solar installation applications have plunged 80%, according to Cal Matters. This has driven many solar installers out of…

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Added by Riaz Haq on August 30, 2024 at 10:00am — 32 Comments

Pakistan EV Launches to Accelerate Clean Energy Transition

Pakistani automobile joint ventures with Chinese automakers BYD and Changan have recently launched several all-electric and plug-in hybrid models of automobiles in Pakistan. Earlier, Honda Atlas Cars Pakistan Limited announced plans to build a hybrid electric vehicles plant in the country. Other major brands like Toyota, Haval, and Hyundai are already offering similar models in the country. It all began with the 2019 …

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Added by Riaz Haq on August 18, 2024 at 2:00pm — 29 Comments

Exodus From Pakistan: 1.62 Million Emigrated in 2023

Pakistan had a net negative migration of 1.6 million people, the highest of all countries in 2023, according to the World Population Prospects 2024 report released by the United Nations. Other Asian nations like India (-980,000), China (-570,000), and Bangladesh (-550,000) are also far up the ranking. Pakistan's figure of 1.62 million includes 541,000 Afghans who were expelled from the country last…

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Added by Riaz Haq on August 15, 2024 at 9:00am — 7 Comments

Pakistani Athlete Wins Olympic Gold After 32-Year Drought

Pakistani javelin thrower Arshad Nadeem shattered a world record to win a gold medal at the Paris Olympics 2024. Nadeem is now inspiring a new generation of Pakistani sportsmen and women to excel in athletics. Thousands of fans, including government ministers, came to Lahore Airport to greet Arshad Nadeem when he returned to the country. 

Aeshad Nadeem's gold medal in the Paris Olympics came 32 years after Pakistan won a bronze medal in field hockey at Barcelona, Spain. It's also the…

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Added by Riaz Haq on August 11, 2024 at 10:00am — 6 Comments

Growing Demand For Pakistani Workers in Gulf Arab Kingdoms

Millions of Pakistani workers have been participating in the development of Saudi Arabia, United Arab Emirates and other Gulf nations over many decades. They have been doing so in spite of the almost complete absence of basic human rights and harsh working conditions. A recent Pakistani government report…

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Added by Riaz Haq on August 2, 2024 at 9:30am — 3 Comments

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    Blog Posts

    Which Country is a Bigger Beggar? India or Pakistan?

    Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard.  Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP…

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    Posted by Riaz Haq on July 22, 2025 at 6:30pm — 1 Comment

    Pakistani International Students Flocking to European Universities

    Recent data shows that there are nearly 10,000 Pakistani students attending colleges and universities in Germany. This figure is second only to the United Kingdom which issued over 35,000 student visas to Pakistanis in 2024. The second most popular destination for Pakistani students is Australia which is hosting nearly 24,000 students from Pakistan as of 2023, according to the ICEF…

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    Posted by Riaz Haq on July 15, 2025 at 9:00am

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