By Amir Saeed ISLAMABAD– Pakistan’s reliance on low-value exports and limited market diversification weakens its trade competitiveness, necessitating structural reforms and a focus on value-added product development. Talking to WealthPK, Uzma Aftab, a macroeconomic analyst at Policy Research and Advisory Council (PRAC), said that the US has imposed a 29% tariff on Pakistan — currently ...
By Amir Saeed ISLAMABAD— To build a smarter and more resilient power network, Pakistan should accelerate the integration of advanced technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), into its energy sector. Challenges in Pakistan’s Energy Sector Talking to WealthPK, Farhan Wahid, a green finance researcher at the Quaid-e-Azam University, Islamabad, highlights ...
By Amir Saeed ISLAMABAD– Artificial intelligence (AI) tutors offer Pakistan a transformative solution to address educational deficiencies and stimulate economic growth through personalized, accessible, and innovative learning methods nationwide. Talking to WealthPK, Aatizaz Hussain, former manager of Financial Literacy Programme at the National Institute of Banking and Finance (NIBAF), highlighted that Pakistan’s education system is ...
By Amir Saeed ISLAMABAD– The government’s revenue policies and currency depreciation keep the fuel prices elevated, preventing the benefits of lower global oil prices from reaching the consumers and exacerbating the economic challenges. Talking to WealthPK, Uzma Aftab, macroeconomic analyst at the Policy Research and Advisory Council (PRAC), highlighted that the fuel prices in Pakistan ...
By Amir Saeed ISLAMABAD– US tariffs have exacerbated Pakistan’s energy crisis, driving up costs and straining economic stability through increased import prices and currency depreciation. Talking to WealthPK, Ahad Nazir, Associate Research Fellow at the Sustainable Policy Development Institute (SDPI), highlighted that the imposition of a 29% tariff on exports posed significant challenges for Pakistan’s ...
By Amir Saeed ISLAMABAD — The inauguration of Pakistan’s first electric vehicle (EV) fast charging station marks a key milestone in the country’s transition to clean energy. Talking to WealthPK, Dr Khalid Waleed, an energy expert, emphasised the initiative’s significant economic and environmental potential. Waleed noted that Pakistan spends approximately $1 billion monthly on oil ...
By Amir Saeed ISLAMABAD– Pakistan is experiencing a significant shift towards solar energy, driven by high electricity tariffs and policy changes. This trend is leading consumers to opt for off-grid solutions, which could have profound implications for the country’s energy landscape. Talking to WealthPK, Owais Ahmad, an energy expert at LUMS Energy Institute, highlighted that ...
