Socio-Political Issues
It is comforting to note that Pakistan economy has breached the level of $400 billion economy. Per capita income had also breached the level of $1,800. With decrease in interest rates and inflation, the economy may get breathing space. Decrease in interest rates has eased the fiscal burden which will provide space to contain fiscal deficit at 3.9% of GDP and maintain primary surplus at 2.4% of GDP.
Prof. Khurshid Ahmad passed away on April 13, 2025 at the age of 93 years in Leicester, UK. He was born on March 23, 1932 in Delhi. He was a renowned scholar, academic, economist, prolific writer, policymaker and legislator.
Authors argue that some nations are wealthier and more prosperous than others because of their political and economic institutions (e.g. government, market system). Good (inclusive) institutions enable investment and a sense of security in the government and the economic system and so nations prosper, but bad (extractive) institutions do not. Virtuous circles of innovation, expansion and peace are formed from inclusive institutions which form a cycle of increasing prosperity. Prof. Acemoglu and Prof. Robinson argue that exclusionary policies designed to enrich the elites and exploit the poor majority have prevented technological innovation, as the existing elites fought tooth and nail against anything that might endanger their privileges.
آج پاکستان میں ہم یوم آزادی پھرمنا رہے ہیں۔ معیشت میں ہم نے جی ڈی پی کے ساتھ ساتھ فی کس آمدنی میں بھی معقول اوسط نمو حاصل کی ہے۔ لیکن، ہمارا انفراسٹرکچر اور گورننس کمزور، پرانا اور آبادی میں اضافے کے مقابلے میں قابل اطمینان سطح پر نہیں ہے۔
تمام انسان ہمارے مدعو ہیں اور بحیثیت امت وسط ہماری ذمہ داری تھی کہ ان تک اسلام کاپیغام اپنے علم و عمل سے پہنچائیں۔ مگر ہمارے متشدد علم جو مذہب کی غلط تفہیم سے عبارت ہے اور حیوانی رویے جس کی زد سے اب مسلمان بھی محفوظ نہیں, دین کی دعوت کی راہ میں سب سے بڑی رکاوٹ ہیں۔ دین کی اساس ایک خدا کے سامنے اپنے اعمال کی جواب دہی اور آخرت میں جزا کا تصور ہے۔
“This article shows the contrast between humanitarian catastrophe being experienced in Gaza and the lofty goals to which commitment is articulated and progress is monitored in UN SDGs. Let us see what each goal yearns for and what the reality in Gaza is at the moment concerning these goals.”
This report is a call to accept transformations with the instantly needed to accelerate progress toward the Sustainable Development Goals. The last report was published in 2019 after that many challenges have arrived, progress has been restricted in many areas, partly as a consequence of a confluence of crises – the ongoing pandemic, rising inflation and the cost-of-living crisis, environmental and economic distress, along with regional and national unrest, conflicts, and natural disasters.
Boycotts are more effective when boycotting consumers make up a large market segment, have substitutes and when consumers can boycott for long.
This article in Urdu explains economic significance and implications of the ritual of animal sacrifice in Islam.
Mired by extended conflicts and foreign occupation, if a country like Afghanistan is left with weakly funded government with half of the population below the poverty line, it can cause severe economic and even humanitarian crisis. To deal with the current humanitarian and economic crisis post-US exit, following are key points of consideration.
Islamic Economics Project 