The document discusses regional integration in South Asia, highlighting both opportunities and challenges. It notes that South Asia has strong economic growth potential due to its large consumer base and workforce, but faces challenges like poverty, low incomes, and underdeveloped agriculture and industry. To overcome these challenges, the document argues that increased regional trade, investment, and cooperation are needed to create regional value chains and boost development. It recommends adopting economic reforms and improving connectivity to leverage South Asia's resources and drive growth that reduces poverty across the region.
This document discusses opportunities for small and medium enterprises (SMEs) in Africa to support economic growth and job creation. It notes that while Africa has experienced economic growth in recent years, this growth has largely been driven by commodity exports and has not effectively reduced poverty or inequality. For growth to be more inclusive and sustainable, SMEs will need to play a larger role by diversifying economies, creating jobs, boosting skills development, and improving access to capital, markets, and infrastructure. The document advocates for solutions that support SMEs through skills training, financing, market access, and innovative business models.
The document discusses investment potential in Africa. It notes signs of potential like Rwanda's economic reforms and growth in mobile phone usage. Forecasts predict Sub-Saharan Africa will have steady growth around 4-6% annually through 2019. The document also outlines sectors with growth opportunities like mining, energy, infrastructure, and agriculture. Success factors for investment in Sub-Saharan Africa include defining appropriate strategies, partnering with governments, achieving scale, and flawless execution.
Investment windows in Post Conflict Sierra LeoneJadesola Bello
This document discusses opportunities for economic development in Sierra Leone through investment in infrastructure such as electricity, transportation, and agriculture. It notes that Sierra Leone has significant infrastructure gaps and high youth unemployment that could be addressed through public-private partnerships utilizing the Private Sector Window of the International Development Association. Specific projects mentioned include expanding electricity generation capacity, improving transportation and logistics, developing agribusiness, and leveraging tourism potential. Overall the document argues that infrastructure investment could catalyze economic growth and job creation in Sierra Leone.
This document provides an intelligence brief on the economic growth prospects of several countries in the Southern African Development Community (SADC) region. It discusses factors supporting and hindering growth for each country, including natural resources, infrastructure development, political stability, education and health issues, corruption, and dependence on commodity prices and foreign investment. Key challenges across many countries are high unemployment, especially among youth; inadequate power supply and infrastructure bottlenecks; and the impacts of HIV/AIDS on the labor force and economic growth.
Aranca has compiled a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential, its influence on the region’s economy and opportunities available. Check out the report here!
Saudi Arabia on the Move - An Aranca Special Report 2013Srinivas Macha
The Kingdom of Saudi Arabia (KSA), a completely oil-dependent economy until a few decades ago,
has now transformed into one of the most vibrant economies in the Middle East. Today, the country has
a diversified economic structure, strong international trade links, a stable political environment, strong
fiscal surplus and a vibrant financial services sector. Saudi Arabia’s increasing contribution to the global
economy has earned it a permanent seat at the G-20 -- the only OPEC member to get the honour. As the
exclusive knowledge partner for The Euromoney Saudi Arabia Conference 2013, Aranca has compiled
a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential,
its influence on the region’s economy and opportunities available. Given Saudi Arabia’s tremendous
potential as an attractive investment destination, we foresee opportunities in the financial sector as
the Kingdom looks to fund its growth plans. We also delve into the challenges around fully exploiting
demographic dividends, reducing reliance on public funding, attracting foreign investors, and reforming
capital markets and financial institutions
MIDDLE EAST INVESTMENT OPPORTUNITES FOR PRIVATE EQUITYsanthoshkrish
The document discusses opportunities for private equity investment in the Middle East region. It notes that private equity has historically accounted for only 0.1% of the global $2.3 trillion industry, but that the Middle East economies are growing rapidly, with real GDP growth exceeding 5% in most countries. Several factors are driving large infrastructure investment requirements in the region over the next 5-10 years, including population growth, economic diversification away from oil, and underinvestment. The private equity industry in the Middle East is also growing rapidly and could help meet the region's investment needs.
The document discusses regional integration in South Asia, highlighting both opportunities and challenges. It notes that South Asia has strong economic growth potential due to its large consumer base and workforce, but faces challenges like poverty, low incomes, and underdeveloped agriculture and industry. To overcome these challenges, the document argues that increased regional trade, investment, and cooperation are needed to create regional value chains and boost development. It recommends adopting economic reforms and improving connectivity to leverage South Asia's resources and drive growth that reduces poverty across the region.
This document discusses opportunities for small and medium enterprises (SMEs) in Africa to support economic growth and job creation. It notes that while Africa has experienced economic growth in recent years, this growth has largely been driven by commodity exports and has not effectively reduced poverty or inequality. For growth to be more inclusive and sustainable, SMEs will need to play a larger role by diversifying economies, creating jobs, boosting skills development, and improving access to capital, markets, and infrastructure. The document advocates for solutions that support SMEs through skills training, financing, market access, and innovative business models.
The document discusses investment potential in Africa. It notes signs of potential like Rwanda's economic reforms and growth in mobile phone usage. Forecasts predict Sub-Saharan Africa will have steady growth around 4-6% annually through 2019. The document also outlines sectors with growth opportunities like mining, energy, infrastructure, and agriculture. Success factors for investment in Sub-Saharan Africa include defining appropriate strategies, partnering with governments, achieving scale, and flawless execution.
Investment windows in Post Conflict Sierra LeoneJadesola Bello
This document discusses opportunities for economic development in Sierra Leone through investment in infrastructure such as electricity, transportation, and agriculture. It notes that Sierra Leone has significant infrastructure gaps and high youth unemployment that could be addressed through public-private partnerships utilizing the Private Sector Window of the International Development Association. Specific projects mentioned include expanding electricity generation capacity, improving transportation and logistics, developing agribusiness, and leveraging tourism potential. Overall the document argues that infrastructure investment could catalyze economic growth and job creation in Sierra Leone.
This document provides an intelligence brief on the economic growth prospects of several countries in the Southern African Development Community (SADC) region. It discusses factors supporting and hindering growth for each country, including natural resources, infrastructure development, political stability, education and health issues, corruption, and dependence on commodity prices and foreign investment. Key challenges across many countries are high unemployment, especially among youth; inadequate power supply and infrastructure bottlenecks; and the impacts of HIV/AIDS on the labor force and economic growth.
Aranca has compiled a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential, its influence on the region’s economy and opportunities available. Check out the report here!
Saudi Arabia on the Move - An Aranca Special Report 2013Srinivas Macha
The Kingdom of Saudi Arabia (KSA), a completely oil-dependent economy until a few decades ago,
has now transformed into one of the most vibrant economies in the Middle East. Today, the country has
a diversified economic structure, strong international trade links, a stable political environment, strong
fiscal surplus and a vibrant financial services sector. Saudi Arabia’s increasing contribution to the global
economy has earned it a permanent seat at the G-20 -- the only OPEC member to get the honour. As the
exclusive knowledge partner for The Euromoney Saudi Arabia Conference 2013, Aranca has compiled
a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential,
its influence on the region’s economy and opportunities available. Given Saudi Arabia’s tremendous
potential as an attractive investment destination, we foresee opportunities in the financial sector as
the Kingdom looks to fund its growth plans. We also delve into the challenges around fully exploiting
demographic dividends, reducing reliance on public funding, attracting foreign investors, and reforming
capital markets and financial institutions
MIDDLE EAST INVESTMENT OPPORTUNITES FOR PRIVATE EQUITYsanthoshkrish
The document discusses opportunities for private equity investment in the Middle East region. It notes that private equity has historically accounted for only 0.1% of the global $2.3 trillion industry, but that the Middle East economies are growing rapidly, with real GDP growth exceeding 5% in most countries. Several factors are driving large infrastructure investment requirements in the region over the next 5-10 years, including population growth, economic diversification away from oil, and underinvestment. The private equity industry in the Middle East is also growing rapidly and could help meet the region's investment needs.
Report covers economic and business trends in Nigeria, Kenya, Tanzania, Gabon, Uganda and Rwanda. In Nigeria, the report sheds light on the contraction of the economy in Q1, 2016 and what this portends for the investment climate. As always, we have included a snapshot of the deals landscape in the continent.
Pakistan has significant economic potential due to its large population and natural resources, but has failed to realize its full potential. To improve the economy, Pakistan must change its negative national mindset, invest heavily in building human capital through education, make better use of technology, develop its young labor force, and decentralize governance. With coordinated efforts from the government and citizens, Pakistan can tap into its resources and strengths to boost economic growth.
This document contains summaries of several knowledge papers published by FICCI:
1. FICCI has released an economic agenda identifying goals and drivers to promote growth across seven priority areas including the real economy, education, healthcare, infrastructure, and energy and water security. The agenda lists policy changes to improve business sentiment.
2. India needs to redesign its energy policy architecture to better integrate policies across oil, gas, coal, power and renewables to reduce costs and inefficiencies. The current structure is too fragmented.
3. Other knowledge papers explore sector investment opportunities, corporate sustainability trends, opportunities in Asian and African agriculture and challenges in South Asian economic integration.
Final project dr congo potential haven for inclusive private sector investmentDANIEL NJIWA
DR Congo has significant potential for economic growth and investment due to its large population, arable land, and natural resources. However, it faces challenges including political instability, undiversified economy, poverty, lack of infrastructure, and limited regional integration. The International Development Association's Private Sector Window could help address these challenges through facilities like risk mitigation, guarantees, local currency financing, and blended finance. A blended finance approach could help develop agriculture value chains by co-investing with businesses to aggregate smallholders and expand regional trade, promoting inclusive rural growth. Such facilities would help derisk investment, boost infrastructure, and mobilize private capital to realize DR Congo's potential as a regional economic hub.
Presentation by Honourable Edmund Bartlett C.D., M.P., Minister of Tourism, Government of Jamaica at the seminar on the topic, 'Tourism Industry Reform: Strategies for Enhanced Economic Impact' on May 25, 2017 at the 47th Annual Meeting of the Board of Governors in the Turks and Caicos Islands.
This document outlines Pakistan's Vision 2025, which aims to provide clarity on Pakistan's long-term aspirations and guide its development policies. It discusses key economic, social, physical, and environmental trends affecting Pakistan and provides recommendations in areas such as investing in human capital, improving governance, boosting investment, increasing tax revenue, and ensuring political stability and continuity of policies. The document emphasizes the need for inclusive growth, investment in infrastructure and priority sectors, regional connectivity, and sustainable resource management to achieve Pakistan's vision.
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
The document summarizes key issues from Zimbabwe's 2013 budget discussion including:
- Absence of lines of credit, Western skepticism, poor engagement skills, and lack of national interest are hindering growth.
- Inadequate funding as interest rates and tenure from local financial institutions are unfavorable to industry. Medium to long term credit is not available.
- Zimbabwe's electricity capacity is over 600MW short of demand due to lack of investment in infrastructure like coal and diesel plants.
- Land issues remain unresolved since the controversial fast-track land reform program.
- Lifting of sanctions and debt relief would help unlock foreign funding and improve Zimbabwe's sovereign debt rating to attract outside investment.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Funding smes - The Challenges and Risk Within Resurgent India
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a pivotal role in India's economic and social development by fueling growth and promoting equitable distribution of wealth. They contribute significantly to industrial production and exports while also generating substantial employment. However, MSMEs face challenges in accessing funds due to their high risk profile. There is a large gap between the demand for and supply of credit to the MSME sector that needs to be addressed by developing alternative financing avenues.
Pakistan has natural resources that are important for its economy, but it faces challenges utilizing them effectively. It has significant coal, natural gas, and uranium reserves that could be used for energy production. However, Pakistan has issues providing steady power to industries due to energy shortages. It also has water resources for agriculture, which accounts for 18.9% of GDP, but water availability is decreasing. Improving infrastructure for sustainable use and distribution of natural resources could boost Pakistan's economy.
South Asian countries have experienced economic growth in recent decades but it has not been inclusive or sustainable. Poverty remains high at around 40% due to a lack of investment in human capital like education and health. Social spending as a percentage of GDP is lower in South Asia than in Sub-Saharan Africa. For growth to be inclusive and sustainable, South Asian countries need reforms like improving governance, boosting regional connectivity and cooperation, investing in people, and liberalizing trade and mobility. Civil society will need to advocate for these reforms to realize the promise of inclusive growth across South Asia.
Zimasset revisited from the diaspora perspectiveJosh Chigwangwa
1) The document discusses Zimbabwe's economic development plan called ZimAsset and argues it should better incorporate the role of the Zimbabwean diaspora.
2) It notes that diaspora remittances are a major source of foreign currency for Zimbabwe and that most remittances are through informal channels.
3) It recommends establishing an institutional framework to better understand and utilize diaspora remittances to support economic growth, including collecting data and channeling funds through the financial system.
Ey kazakhstan-attractiveness-survey-2013-engSmera Chawla
Kazakhstan's economy has been growing steadily in recent years, outperforming both regional and global averages. Investors perceive Kazakhstan as a stable destination amid global economic uncertainty. While historically reliant on extractive industries, Kazakhstan is working to diversify its economy by promoting sectors like manufacturing, agriculture and services. The government aims to reduce dependence on oil and gas and develop a more balanced, knowledge-driven economy. As diversification efforts progress, investors see potential in emerging sectors beyond natural resources.
The document is a newsletter from STANLIB, an investment management company. It discusses various topics related to the South African and global economic and investment environment.
The main article analyzes five options for growing South Africa's economy in the current challenging conditions: 1) Increasing government spending, but debt levels are already high; 2) Private business expansion and new ventures, but confidence is low; 3) Increasing exports, but world trade growth is slow; 4) Boosting household consumption, but job losses are a risk; 5) Public-private partnerships to develop infrastructure, which could attract private funding and ease the government's budget. None of the options on their own are seen as sufficient to meaningfully lift growth
Saudi Arabia - Emergence of an Innovation Kingdom | An Aranca Special Report ...Aranca
Supported by resilient collaboration between the government, academia, and industry, the Kingdom of Saudi Arabia has laid the foundation for a knowledge-driven economy. Innovation-led strategic transformation is underway in the Kingdom and is likely to be the foundation of the next wave for economic and social progress.
The document summarizes the key findings of the Economic and Social Survey of Asia and the Pacific 2015. It finds that:
1) Economic growth in developing Asia-Pacific economies is forecast to slightly increase to 5.9% in 2015, driven by domestic factors, but growth potential is constrained by infrastructure shortages and commodity dependence.
2) Inflation is expected to decline to 3.3% in 2015 due to lower oil prices, allowing for interest rate reductions, though volatility in capital flows requires prudence.
3) Economic growth has not been inclusive, as inequality between rural/urban and gender has risen, and a lack of productive employment remains a key challenge.
The document provides an overview of Pakistan's economy, including its key industries, natural resources, imports/exports, and challenges. Some of the main points covered include:
- Pakistan has a population of over 227 million and a GDP of $376 billion, with agriculture, textiles, and services making up major sectors of the economy.
- The economy relies heavily on agriculture, with crops like wheat, cotton, and rice playing an important role. Agriculture accounts for around 24% of GDP.
- Major industries include textiles, which contribute over 50% of exports, as well as chemicals, automotive, and mining. The industrial sector makes up 28% of GDP.
- Key natural resources that
The document provides an overview of Pakistan's economy, including its key industries, natural resources, imports/exports, and challenges. Some of the main points covered include:
- Pakistan has a population of over 227 million and a GDP of $376 billion, with agriculture, textiles, and services making up major sectors of the economy.
- The economy relies heavily on agriculture, with crops like wheat, cotton, and rice playing an important role. Agriculture accounts for around 24% of GDP.
- Major industries include textiles, which contribute over 50% of exports, as well as chemicals, automotive, and mining. The industrial sector makes up 28% of GDP.
- Key natural resources that
This document provides an overview of Pakistan's economy. It discusses key sectors like agriculture, industry, and services. It notes that agriculture contributes 18.9% to GDP while industry contributes 24%. Services contribute the largest portion at 54% of GDP. The economy faces challenges like a growing trade deficit, high debt levels, energy shortages, and corruption. Solutions proposed include improving education, technology, taxation, and governance to help resolve Pakistan's current economic crisis.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
Report covers economic and business trends in Nigeria, Kenya, Tanzania, Gabon, Uganda and Rwanda. In Nigeria, the report sheds light on the contraction of the economy in Q1, 2016 and what this portends for the investment climate. As always, we have included a snapshot of the deals landscape in the continent.
Pakistan has significant economic potential due to its large population and natural resources, but has failed to realize its full potential. To improve the economy, Pakistan must change its negative national mindset, invest heavily in building human capital through education, make better use of technology, develop its young labor force, and decentralize governance. With coordinated efforts from the government and citizens, Pakistan can tap into its resources and strengths to boost economic growth.
This document contains summaries of several knowledge papers published by FICCI:
1. FICCI has released an economic agenda identifying goals and drivers to promote growth across seven priority areas including the real economy, education, healthcare, infrastructure, and energy and water security. The agenda lists policy changes to improve business sentiment.
2. India needs to redesign its energy policy architecture to better integrate policies across oil, gas, coal, power and renewables to reduce costs and inefficiencies. The current structure is too fragmented.
3. Other knowledge papers explore sector investment opportunities, corporate sustainability trends, opportunities in Asian and African agriculture and challenges in South Asian economic integration.
Final project dr congo potential haven for inclusive private sector investmentDANIEL NJIWA
DR Congo has significant potential for economic growth and investment due to its large population, arable land, and natural resources. However, it faces challenges including political instability, undiversified economy, poverty, lack of infrastructure, and limited regional integration. The International Development Association's Private Sector Window could help address these challenges through facilities like risk mitigation, guarantees, local currency financing, and blended finance. A blended finance approach could help develop agriculture value chains by co-investing with businesses to aggregate smallholders and expand regional trade, promoting inclusive rural growth. Such facilities would help derisk investment, boost infrastructure, and mobilize private capital to realize DR Congo's potential as a regional economic hub.
Presentation by Honourable Edmund Bartlett C.D., M.P., Minister of Tourism, Government of Jamaica at the seminar on the topic, 'Tourism Industry Reform: Strategies for Enhanced Economic Impact' on May 25, 2017 at the 47th Annual Meeting of the Board of Governors in the Turks and Caicos Islands.
This document outlines Pakistan's Vision 2025, which aims to provide clarity on Pakistan's long-term aspirations and guide its development policies. It discusses key economic, social, physical, and environmental trends affecting Pakistan and provides recommendations in areas such as investing in human capital, improving governance, boosting investment, increasing tax revenue, and ensuring political stability and continuity of policies. The document emphasizes the need for inclusive growth, investment in infrastructure and priority sectors, regional connectivity, and sustainable resource management to achieve Pakistan's vision.
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
The document summarizes key issues from Zimbabwe's 2013 budget discussion including:
- Absence of lines of credit, Western skepticism, poor engagement skills, and lack of national interest are hindering growth.
- Inadequate funding as interest rates and tenure from local financial institutions are unfavorable to industry. Medium to long term credit is not available.
- Zimbabwe's electricity capacity is over 600MW short of demand due to lack of investment in infrastructure like coal and diesel plants.
- Land issues remain unresolved since the controversial fast-track land reform program.
- Lifting of sanctions and debt relief would help unlock foreign funding and improve Zimbabwe's sovereign debt rating to attract outside investment.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Funding smes - The Challenges and Risk Within Resurgent India
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a pivotal role in India's economic and social development by fueling growth and promoting equitable distribution of wealth. They contribute significantly to industrial production and exports while also generating substantial employment. However, MSMEs face challenges in accessing funds due to their high risk profile. There is a large gap between the demand for and supply of credit to the MSME sector that needs to be addressed by developing alternative financing avenues.
Pakistan has natural resources that are important for its economy, but it faces challenges utilizing them effectively. It has significant coal, natural gas, and uranium reserves that could be used for energy production. However, Pakistan has issues providing steady power to industries due to energy shortages. It also has water resources for agriculture, which accounts for 18.9% of GDP, but water availability is decreasing. Improving infrastructure for sustainable use and distribution of natural resources could boost Pakistan's economy.
South Asian countries have experienced economic growth in recent decades but it has not been inclusive or sustainable. Poverty remains high at around 40% due to a lack of investment in human capital like education and health. Social spending as a percentage of GDP is lower in South Asia than in Sub-Saharan Africa. For growth to be inclusive and sustainable, South Asian countries need reforms like improving governance, boosting regional connectivity and cooperation, investing in people, and liberalizing trade and mobility. Civil society will need to advocate for these reforms to realize the promise of inclusive growth across South Asia.
Zimasset revisited from the diaspora perspectiveJosh Chigwangwa
1) The document discusses Zimbabwe's economic development plan called ZimAsset and argues it should better incorporate the role of the Zimbabwean diaspora.
2) It notes that diaspora remittances are a major source of foreign currency for Zimbabwe and that most remittances are through informal channels.
3) It recommends establishing an institutional framework to better understand and utilize diaspora remittances to support economic growth, including collecting data and channeling funds through the financial system.
Ey kazakhstan-attractiveness-survey-2013-engSmera Chawla
Kazakhstan's economy has been growing steadily in recent years, outperforming both regional and global averages. Investors perceive Kazakhstan as a stable destination amid global economic uncertainty. While historically reliant on extractive industries, Kazakhstan is working to diversify its economy by promoting sectors like manufacturing, agriculture and services. The government aims to reduce dependence on oil and gas and develop a more balanced, knowledge-driven economy. As diversification efforts progress, investors see potential in emerging sectors beyond natural resources.
The document is a newsletter from STANLIB, an investment management company. It discusses various topics related to the South African and global economic and investment environment.
The main article analyzes five options for growing South Africa's economy in the current challenging conditions: 1) Increasing government spending, but debt levels are already high; 2) Private business expansion and new ventures, but confidence is low; 3) Increasing exports, but world trade growth is slow; 4) Boosting household consumption, but job losses are a risk; 5) Public-private partnerships to develop infrastructure, which could attract private funding and ease the government's budget. None of the options on their own are seen as sufficient to meaningfully lift growth
Saudi Arabia - Emergence of an Innovation Kingdom | An Aranca Special Report ...Aranca
Supported by resilient collaboration between the government, academia, and industry, the Kingdom of Saudi Arabia has laid the foundation for a knowledge-driven economy. Innovation-led strategic transformation is underway in the Kingdom and is likely to be the foundation of the next wave for economic and social progress.
The document summarizes the key findings of the Economic and Social Survey of Asia and the Pacific 2015. It finds that:
1) Economic growth in developing Asia-Pacific economies is forecast to slightly increase to 5.9% in 2015, driven by domestic factors, but growth potential is constrained by infrastructure shortages and commodity dependence.
2) Inflation is expected to decline to 3.3% in 2015 due to lower oil prices, allowing for interest rate reductions, though volatility in capital flows requires prudence.
3) Economic growth has not been inclusive, as inequality between rural/urban and gender has risen, and a lack of productive employment remains a key challenge.
The document provides an overview of Pakistan's economy, including its key industries, natural resources, imports/exports, and challenges. Some of the main points covered include:
- Pakistan has a population of over 227 million and a GDP of $376 billion, with agriculture, textiles, and services making up major sectors of the economy.
- The economy relies heavily on agriculture, with crops like wheat, cotton, and rice playing an important role. Agriculture accounts for around 24% of GDP.
- Major industries include textiles, which contribute over 50% of exports, as well as chemicals, automotive, and mining. The industrial sector makes up 28% of GDP.
- Key natural resources that
The document provides an overview of Pakistan's economy, including its key industries, natural resources, imports/exports, and challenges. Some of the main points covered include:
- Pakistan has a population of over 227 million and a GDP of $376 billion, with agriculture, textiles, and services making up major sectors of the economy.
- The economy relies heavily on agriculture, with crops like wheat, cotton, and rice playing an important role. Agriculture accounts for around 24% of GDP.
- Major industries include textiles, which contribute over 50% of exports, as well as chemicals, automotive, and mining. The industrial sector makes up 28% of GDP.
- Key natural resources that
This document provides an overview of Pakistan's economy. It discusses key sectors like agriculture, industry, and services. It notes that agriculture contributes 18.9% to GDP while industry contributes 24%. Services contribute the largest portion at 54% of GDP. The economy faces challenges like a growing trade deficit, high debt levels, energy shortages, and corruption. Solutions proposed include improving education, technology, taxation, and governance to help resolve Pakistan's current economic crisis.
Similar to Chairman_RP_Commitehghggghgggggge_BFC.ppt (20)
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
2. ECONOMIC CHALLENGES AND
OPPORTUNITIES IN SAARC REGION
Presenter:
Shahzad Ahmad Awan, FCMA
Member, National Council and Chairman,
Research & Publications Committee, ICMAP
3. ECONOMIC CHALLENGES FOR PAKISTAN
The Pakistan’s economy is currently passing through the
most difficult phase of its economic history.
Once a robust economy, with economic growth over 6%
of GDP, now it has been transformed into a fragile
economy, due to serious economic challenges, the most
important being our country’s frontline role in ‘War on
Terror’ and the persistent ‘Power and Energy Crisis’
which has crippled our industrial sector.
4. Before I proceed further, let’s see what the
IMF Mission, which recently visited Pakistan
in October 2012, says in its Report :
“The Pakistan’s economic situation is
deteriorating and Islamabad urgently needs
to address deep problems in its energy
sector while boosting growth to meet a
rapidly growing population”.
5. The IMF Mission further goes on to say that:
“The country’s GDP in 2012-13 is likely to
grow at the annual rate of 3% to 3.5%, not
enough to provide jobs to the growing labor
force. Decisive and far-sighted action is
needed to address this challenging outlook”.
6. The IMF Mission Report points out that ENERGY PROBLEM
is the largest single impediment to higher economic growth
for Pakistan and a major factor behind macroeconomic
imbalances. For this, it has outlined a comprehensive
approach to reform to tackle these problems.
The above observations of IMF are no doubt a ‘Reality’.
For more than three consecutive years, our country has
been experiencing low growth, which has almost stagnated
the per capita income level. This has aggravated poverty
and worsened unemployment rates
7. The Challenges that our Country faces today do
not commensurate with the abundant and vast
potential that it possesses.
Pakistan offers huge potential and opportunities
for trade and investment to both foreign
investors and the local economy.
Pakistan is ranked number one in the World
Bank’s ‘Ease of Doing Business Index.’ in Asia
8. Pakistan is world’s 2nd largest producer of water,
buffalo meat and milk
Pakistan is world’s 3rd largest producer of cotton
Pakistan is the 4th largest goat meat supplier
Pakistan has 5th largest Coal and Gold reserves
Pakistan is the 7th largest wheat grower
9. Prospects and Economic Revival Efforts
The economic growth of Pakistan stood at 3.7% in FY
2012 which is higher than 3% realized in previous
year, but less than the target of 4.2 percent. The
State Bank of Pakistan in its third quarterly Report
‘State of the Economy” says that this performance is
notable, given the following challenges:
Considerable damage to cotton crop due to floods
Ongoing energy shortages;
Rise in international oil prices; and
Security concerns.
10. The State Bank comments on the economy recovery
prospects as follows:
“Although Pakistan’s economy has shown some
recovery in terms of GDP growth, the key macro
indicators still remain weak. Persistent inflation
and pressure on the fiscal and current accounts,
remain the key challenges for the economy”
Like IMF, the State Bank of Pakistan also pinpoints that “Low
investment and energy shortages have direct growth
implications. Other areas that poses challenge and major risk
to the macro-economy is the ‘persistently high fiscal deficit’
11.
12. Pakistan must overcome its economic challenges as
it has vital role to play to bring economic prosperity
in SAARC Region
SAARC region has potential of becoming a vibrant region in the
world given its enormous resources in manpower, technology,
agricultural and mineral assets, its history and civilization.
Pakistan must take immediate measures to meet its present
economic challenges as it has a more vibrant role to play for
the regional cooperation in the SAARC region.
Pakistan could play an important role in bringing the people of
SAARC together by promoting investment, trade and people to
people contacts.
13. The Existing Potential in the
South Asian Region
South Asia is the second fastest growing region in the
world and it has the potential to be an economic power
by the year 2025. Many in South Asia, however, still face
extreme poverty, especially the SAARC countries.
South Asia is home to half of the world’s poor, with 40%
of its population living on less than $1.25 a day.
South Asia accounts for only 2.5% of GDP 2% of world
exports, and 1.6% of world Foreign Direct Investment .
14. SAARC countries have common economic
goals and economic challenges
Significant challenges and barriers still exist which
continue to restrict the economic growth and
integration in the SAARC region.
What is required is a firm commitment by the
SAARC countries to move towards prosperity by
placing stronger emphasis on economic
development through REGIONAL PARTNERSHIPS as
they share common economic goals and challenges.
15. Private Sector in SAARC countries
have to play a Pro-active Role
The private sectors of SAARC countries are already
involved in promoting economic cooperation in the
region but they must be pro-active to put a firm
pressure on their respective governments to provide
a business enabling environment to foster the pace
of economic development and cooperation within
the region. The Private sector must play a dynamic
role to bring about revolutionary changes and foster
the pace of regional integration in SAARC region.
16. Key Challenges for SAARC Region
While SAARC countries continue to make efforts for
economic development and intra-regional
integration, their progress is curtailed by a
continuing sub-set of systemic issues and
challenges common to all member nations.
I would like to outline few of the key
challenges and issues that are creating
barriers in the way of increasing flow of trade
and investment among the SAARC Countries
17. • Political Mindsets and Issues
• Abject Poverty
• Low Intra-regional trade
• Low- Intra-regional or cross-border Investment
• Poor Transport Network or Infrastructure to facilitate trade
• Sizable Sensitive List, Para Tariff and Non-Tariff Barriers
• Food Security issues
• Climatic Change Issues (floods and natural disasters)
• Under-utilization of renewable energy resources
• Stringent visa requirements
18. The above challenges need to be
dealt on preferential basis by the
SAARC countries, especially the two
big nations – PAKISTAN and INDIA.
19. More Intra–SAARC Trade can lead to Better
economic conditions for People
Intra-regional trade is one of the important measures to
alleviate and improve the economic condition of the
people of this region. However, as also indicated in the
list of barriers – the Intra regional trade among the
SAARC member states is marred by the issues of non-
tariff barriers and sensitive list. The SAARC states must,
therefore, address this issue immediately and
effectively for rapid expansion of intra regional trade.
20. More Intra-SAARC Investment can lead to
less dependence on Western Investors
The investment regime in SAARC is not only restrictive
but lacks policy harmonization. Supporting mechanisms
are needed to support capital flow and help attract more
Foreign Direct Investment (FDI) within SAARC countries
and depend less on investment from outside the region.
The FDI sources are highly diversified in SAARC countries,
mostly still originating in developed countries, outside
the region. India, Bangladesh and Pakistan attract most
of their FDI inflows from countries outside the region.
21. There is strong case for deeper
intra‐regional investment.
Expanding intra‐regional investment is the key to
bolstering the investment regime in SAARC region.
I would suggest that Boards of Investments in
the SAARC countries should promote more
intra‐regional investment by establishing their
offices in each other’s country.
.
22. I would like to highlight two other issues,
which are not directly concerned with
economy, trade or investment, but these
issues or challenges have direct bearing on
all of them. These challenges are Food
Security Issues and Natural Disaster
23. Food Security Issues
Considering that the estimated population of South Asia
will rise by 25% to 2000 million in 2025, food security is
the most tangible threat to all SAARC countries.
This threat cannot be mitigated by a variable increase in
food production alone, but by efforts to drastically
improve access to food sources and clean drinking water.
24. Natural Disasters
SAARC countries are at greatest risk of natural disasters
like earthquakes, floods and cyclones, which are already
having major impacts on their economic performance.
These have resulted in lower agricultural productivity in
the entire region. If this continues, it can turn out in shape
of severe economic shocks for the SAARC Countries.
To address the above two issues, the SAARC countries
must take action on immediate basis.
25. Key Opportunities for
SAARC Region
There is always a blessing in disguise.
Though the SAARC region is facing a host of
challenges but there are Opportunities as
well. We need to identify and explore them.
Few areas are highlighted here, which have
so far not been explored.
26. (1) Cooperation in Services
Telecommunication
Banking
Energy
Transport
Software services
27. (2) Sharing Renewable Energy
SAARC Region has enormous potential in Energy, especially
HYDRO-POWER, but only 10% of this potential is currently
being utilized. Renewable energy options such as SOLAR and
WIND-POWER need to be seriously considered as these are
vital for the economic growth and sustainability of SAARC.
India has around 25000MW of wind power, which can be
exported to other SAARC countries.
The Renewable Energy sources in SAARC countries need to
be tapped through infrastructure development, integrated
investment promotion policy and government pledges.
28. (3) Greater involvement of
Private Sectors of SAARC
The SAARC Governments must consider an increased role for
their private sectors in establishing public-private partnerships,
where possible, in SAARC countries.
The Private sector needs to be more involved in guiding
Government policies through lobbying and advocacy efforts.
The private sector is effective in bringing in a commercial
orientation and operating in a non-political way. They also
have strong implementation capacities to strengthen economic
and business opportunities along with trade in the region.
29. (4) Promising Youth leadership
The young business leaders of SAARC region should
be brought together to prepare them as the next
generation of business leaders for South Asia and to
identify their role in the formation of an integrated
future business community. There is strong need for
youth empowerment and focus on business
leadership for South Asian economic development.
30. (5) Investment in Health and Education
SAARC countries have received bulk of FDI in sectors like
Telecommunication, Transportation, Exploration of mineral
and natural resources, while other core sectors like health
and education are given least importance.
Investment in health and education sectors in form of FDI or
Joint Ventures between public and private enterprises is
squarely productive, which will not only enhance Human
Development Index of the region but also help achieve
sustainable economic growth.
31. Concluding Remarks
SAARC was established in 1985 and the primary
objective identified in its Charter says:
“To promote the welfare of the peoples of South Asia
and to improve their quality of life"
The question is has SAARC achieved this objective?
32. Way Forward
I think that the two bigger countries – Pakistan and
India – should have to play their due role to move
SAARC towards the objective as given in its Charter.
I also think that the Role of private sector is quite
important as economy drives politics, and business
shapes the social values.
Businesses have the power to make a difference.
33. Way Forward
As far as Pakistan is concerned, I think that there is need
to create synergy between government and business
community to help resolve the present economic crisis
and put the country on path of progress and prosperity.
The Institute of Cost and Management
Accountants is always there to help the
Government in its efforts to bring
economic prosperity by extending
its professional expertise.