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Pakistan Economy Ranks 23rd in the World

With an estimated $788 billion PPP GDP for 2011, Pakistan's economy is the 23rd largest in the world, according to the World Bank's International Comparison Program (ICP) 2011. Other surprises in the report include the…
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Added by Riaz Haq on May 14, 2014 at 9:00pm — 3 Comments

Pakistani Economy Suffers From Sharp Decline in FDI and Savings Rate

Pakistan needs investment of 20% of GDP to achieve 5% economic growth, a capital-to-output ratio (COR) of four, according to Mohsin Mushtaq Chandna, economic minister at the Pakistan Embassy in Washington, DC.



Major Issues:



In a wide-ranging presentation to the Pakistan Club at the University of Chicago Booth School of Business, Mr. Chandna,… Continue

Added by Riaz Haq on May 13, 2014 at 10:00am — 7 Comments

Pakistanis Enabling 2nd Machine Age in Silicon Valley

Silicon Valley is home to 12,000 to 15,000 Pakistani Americans. Thousands of them are working at Apple, Cisco, Google, Intel, Oracle and hundreds of other high-tech companies from small start-ups to large Fortune 500 corporations. Pakistani-Americans are contributing to what Erik Brynjolfsson and Andrew McAfee describe as… Continue

Added by Riaz Haq on May 4, 2014 at 12:00pm — 1 Comment

Pakistan Second Lowest Cost Country With $877 Billion PPP GDP and $4,450 Per Capita GDP

Pakistan is the second least expensive country in the world. Pakistan's GDP is $788 billion as of 2011 based on purchasing power parity (PPP), according to International Comparisons Program (ICP) findings 2011 released yesterday by the World Bank.



World Bank's International Comparison Program (ICP) does a detailed study of a list of… Continue

Added by Riaz Haq on April 30, 2014 at 11:30pm — 2 Comments

OPEN Forum 2014: Question Iftikhar Chaudhry About His Adverse Impact on Pakistan Economy

Organization of Pakistani-American Entrepreneurs (OPEN) Silicon Valley has just announced a panel discussion featuring Pakistan's former Chief Justice Iftikhar Chaudhry and former attorney general Munir Malik.…



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Added by Riaz Haq on April 29, 2014 at 11:30pm — 5 Comments

Does GeoTV's Hamid Mir Have Links With Taliban and Intelligence Agencies?

Attempt on Hamid Mir's life has rightly drawn widespread outrage in Pakistan and around the world. It has to be condemned without reservations. Hamid Mir is reported have suspected that he was on Pakistani intelligence agency ISI's "hit list".…
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Added by Riaz Haq on April 28, 2014 at 4:20pm — 4 Comments

Pakistan Economy Better Than 27 Countries including India and Iran

Pakistan (score 21.9) at 28 ranks below Iran (score 61.6) at 2 and India (score 25.6) at 19 on world misery index rankings for 2013 compiled by Washington's Cato Institute. Other nations worse off than Pakistan on the list include Serbia, Argentina, Jamaica, Egypt, Spain, South Africa, Brazil, Greece, Macedonia, Palestine,… Continue

Added by Riaz Haq on April 26, 2014 at 7:41pm — No Comments

Pakistani-Americans Release 1700 Urdu Videos on Khan Academy

Guest Post by Ali H. Cemendtaur



Koshish Foundation, a Silicon-Valley based non-profit corporation (Chairman, Suhail Akbar) with a strong presence in Pakistan where it works on education-related projects, has announced the completion of over 1700 math and basic science videos that are Urdu translations of the… Continue

Added by Riaz Haq on April 25, 2014 at 11:30am — 5 Comments

Oscar-winning Pakistan Techie Shines in Hollywood

Academy Award winning Hollywood hits Frozen, Life of Pi and The Golden Compass have one thing in common:  Each used extensive computer-generated imagery (CGI) created by Pakistani-American Mir Zafar Ali who won Oscar statuettes for "Best Visual Effects" in each of them.…



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Added by Riaz Haq on April 23, 2014 at 10:30am — 1 Comment

Pakistani-American Dr. Asad Qamar of APPNA Among Highest Paid Doctors in America

Dr. Asad Qamar, a graduate of Lahore's King Edwards Medical College, received $18.2 million in payments from US Medicare program in 2012, making him the second highest billing doctor in America. Dr. Qamar is a member of APPNA, Association of Physicians of Pakistani Descent in North America. He was a candidate for the presidency of APPNA in… Continue

Added by Riaz Haq on April 11, 2014 at 10:37am — No Comments

Pakistan's Umar Saif in Silicon Valley

Umar Saif was invited by Organization of Pakistani-American Entrepreneurs (OPEN) to an event yesterday at the Palo Alto offices of Pillsbury Winthrop Shaw Pitman Law Firm  in Silicon Valley to talk about the state of technology in Pakistan. The event was appropriately titled: "Presenting Umar-The Force Behind Plan 09- Pakistan's Leading Incubator For… Continue

Added by Riaz Haq on April 8, 2014 at 10:30am — 4 Comments

Pakistani-American Kumail Nanjiani Stars in HBO Comedy "Silicon Valley"

“This guy’s a really good programmer, so that makes him arrogant, because of his skills in a very specific world. And then I take that arrogance and apply it to every other aspect of his life that he’s not good at. So I think that guy’s funny ’cause he’s arrogant — about everything, about how he thinks he is with the ladies. He’s not good with the ladies. You know, all that stuff. He thinks he’s cool. He’s not cool. He’s only good at programming.”… Continue

Added by Riaz Haq on April 3, 2014 at 9:30am — 6 Comments

Are Pak-Turk Schools Threatened by Erdogan-Gulen Split in Turkey?

Prime Minister Recep Tayyip Erdoğan has scored a convincing victory over his opponents in the latest municipal polls in Turkey.  His Justice and Development Party (AKP) has won 44% of all the votes, well ahead of the 29% for the opposition People's Republican Party (CHP) which was founded as a secular party by…

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Added by Riaz Haq on April 2, 2014 at 8:56pm — 4 Comments

NSG Must Accept Pakistan as a Member State



"The Pakistani establishment, as we saw in 1998 with the nuclear test, does not view assistance -- even sizable assistance to their own entities -- as a trade-off for national security vis-a-vis India". US Ambassador Anne Patterson, September 23, 2009



Pakistan has the world's fastest growing nuclear arsenal today in the midst of a fierce insurgency waged…

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Added by Riaz Haq on March 28, 2014 at 9:00am — 10 Comments

Foreign Aid to India

In spite of all of the recent news about aid to Pakistan dominating the media, the fact remains that resurgent India has received more foreign aid than any other developing nation since the end of World War II--estimated at almost $100 billion since the beginning of its First Five-Year Plan in 1951. And it continues to receive more foreign aid in spite of impressive economic growth for almost a decade.



India was the… Continue

Added by Riaz Haq on March 24, 2014 at 9:30pm — 4 Comments

Pakistan Day: Is Pakistan a Warrior State? Or Failed State?

The Warrior State: Pakistan in the Contemporary World by Canada's McGill University Professor Thazha Varkey Paul, a graduate of India's Jawaharlal Nehru University, describes Pakistan as a "warrior state" and a "conspicuous failure". It is among a slew of recently published anti-Pakistan books by mainly Indian and western authors which paint Pakistan as a rogue state which deserves to be condemned, isolated and sanctioned by the international community.…

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Added by Riaz Haq on March 22, 2014 at 5:00pm — 7 Comments

History of Literacy Rates in Pakistan

The parts that now constitute Pakistan were among the least developed regions of India and the rest of the world prior to 1947, and the last to be conquered by the British, according to an eminent Pakistani economist Dr. Kaiser Bengali. The British rule in Sind, Baluchistan and NWFP lasted about 100 years and these regions…

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Added by Riaz Haq on March 19, 2014 at 4:30pm — 13 Comments

Ashar Aziz: First Tech Billionaire of Pakistani Origin in Silicon Valley

Silicon Valley has minted the first Pakistani-American billionaire with an incredible 377% surge in the price of Fireeye (NASDAQ: FEYE) shares since its IPO last year.



The advanced computer security software company , founded by Ashar Aziz, priced its initial…

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Added by Riaz Haq on March 6, 2014 at 3:30pm — 3 Comments

Economic History of India Since 1 AD

When the British arrived in Mughal India, the country's share of the world GDP was 25%, about the same as the US share of the world GDP today. By 1947, undivided India's share of world GDP ($4 trillion in in 1990 Geary-Khamis dollars) had shrunk to about 6% (India: $216 billion, Pakistan: $24 billion). Since independence, India's contribution to world GDP has shrunk further to about 4%, according to British Economist Angus…

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Added by Riaz Haq on March 5, 2014 at 8:30am — 4 Comments

Fashion Pakistan Week 2014 in Karachi

Fashion Pakistan Council (FPC) is currently putting on a 3-day fashion week in Karachi.  It is the sixth edition of  Fashion Pakistan Week (FPW) showcasing Spring/Summer collections from 24 mainstream and upcoming designers.



Designers at the show include Maheen Khan, Shamaeel Ansari, Nomi Ansari, Hassan Sheheryar Yasin, Deepak Perwani, Fahad Hussayn, Faraz Manan, Amna Aqeel, Jafferjees, Gul Ahmad, Adnan Pardesy, Zainab Chottani, Tapu Javeri, Kamiar Rokni, Maheen Hussain, Nida…

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Added by Riaz Haq on February 21, 2014 at 8:17am — 1 Comment

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    Blog Posts

    EU-India Trade Deal: "Uncapped" Mass Migration of Indians?

    The European Union (EU) and India have recently agreed to a trade deal which includes an MOU to allow “an uncapped mobility for Indian students”, according to officials, allowing Indians greater ease to travel, study and work across EU states. India's largest and most valuable export to the world is its people who last year sent $135 billion in remittances to their home country. Going by the numbers, the Indian economy is a tiny fraction of the European Union economy. Indians make up 17.8%…

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    Posted by Riaz Haq on January 28, 2026 at 11:00am — 8 Comments

    Independent Economists Expose Modi's Fake GDP

    Ruling politicians in New Delhi continue to hype their country's economic growth even as the Indian currency hits new lows against the US dollar, corporate profits fall, electrical power demand slows, domestic savings and investment rates decline and foreign capital flees Indian markets. The International Monetary Fund (IMF) has questioned India's GDP and independent economists…

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    Posted by Riaz Haq on January 25, 2026 at 4:30pm — 10 Comments

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