#investment in pakistan

[theculturedmarxist]

In their February paper, “US Dollar Primacy in an Age of Economic Warfare,” presented at the West Point Symposium on “Order, Counter-Order, Disorder” Michael Kao and Michael St. Pierre argue for using a stronger US dollar as geopolitical leverage:

Not only are the effects of interest rates hikes magnified in other countries due to a myriad of structural and idiosyncratic economic fragilities previously discussed, the confluence of wide USD adoption with cyclical USD strength … make the USD a potent geopolitical lever masquerading as a domestic fight against inflation. National Power lends the USD dominance in adoption, while an opportunistic fight against inflation lends the USD cyclical strength for geopolitical leverage.

The US and US-led institutions are already trying to sideline China in countries struggling to make debt payments. And these efforts are likely to continue as interest rates rise and more countries in the Global South are unable to repay loans. A recent UNDP paper stated that 52 developing countries are suffering from severe debt problems.

China is the world’s largest bilateral creditor, and this is especially true for countries that are part of Beijing’s Belt and Road Initiative and/or for countries that possess strategically important natural resources. Washington estimates that Chinese lending ranges from $350 billion to a trillion dollars.

In recent years, western officials and media have ratcheted up criticism of China’s lending practices, claiming Beijing is putting its boot on the neck of countries, holding back their development, and is seizing assets offered as collateral.

Deborah Bräutigam, the Director of the China Africa Research Initiative at the Paul H. Nitze School of Advanced International Studies, has written that this is “ a lie, and a powerful one.” She wrote, “our research shows that Chinese banks are willing to restructure the terms of existing loans and have never actually seized an asset from any country.”

Even researchers at Chatham House admit there’s nothing nefarious about China’s lending, explaining that it has instead created a debt trap for China. That is becoming more evident as nations are unable to repay, largely due to the economic fallout from the pandemic, the Nato proxy war against Russia in Ukraine, inflation, and rising interest rates.

These confluence of events hitting developing countries are entangling China  in multilateral talks that include US-backed institutions like the IMF. Beijing’s preference has always been to try and tackle debt repayment issues at a bilateral level, typically by extending maturities rather than accepting write-downs on loans.

But US Treasury Secretary Janet Yellen and company continue to parrot the talking point that China’s lending is harming countries, and in countries unable to repay their international debts, the West and China are increasingly at odds.

Back in 2020, the G-20 countries created the Common Framework for Debt Treatments to provide relief to indebted countries, which included “fair burden sharing” among all creditors. Beijing’s reluctance to agree to such burden sharing is illustrated by the case of Zambia.

Zambia became the first African country to default on some of its dollar-denominated bonds during the Covid-19 pandemic when it failed to make a $42.5 million bond payment in November 2020.

More than a third of the country’s $17 billion in debt is owed to Chinese lenders. Zambia worked out a deal with the IMF for a $1.3 billion bailout package but can’t access the relief until its underlying debt is restructured – including Chinese debts. But the IMF prescription for Zambia is a blow to Beijing. Here are some details of the arrangement from The Diplomat:

Zambia will shift its spending priorities from investment in public infrastructure – typically financed by Chinese stakeholders – to recurrent expenditures. Specifically, Zambia has announced it will totally cancel 12 planned projects, half of which were due to be financed by China EXIM Bank, alongside one by ICBC for a university and another by Jiangxi Corporation for a dual highway from the capital. The government has also canceled 20 undistributed loan balances – some of which were for the new projects but others for existing projects. While such cancellations are not unusual on Zambia’s part, Chinese partners account for the main bulk of these loans…

While some of these cancellations may have been initiated by Chinese lenders themselves, especially those in arrears, Zambia may not have needed to cancel so many projects. Since 2000, China has canceled more of Zambia’s bilateral debt than any sovereign creditor, standing at $259 million to date.

Nevertheless, the IMF team justified the shift because they – and presumably Zambia’s government – believe that spending on public infrastructure in Zambia has not returned sufficient economic growth or fiscal revenues. However, no evidence is presented for this in the IMF’s report.

Zambia will also cut fuel and agriculture subsidies. So instead of infrastructure investment and social spending, the country gets austerity. The IMF deal also relegates China to the backseat, as it allows for 62 concessional loan projects to continue, only two of which will involve China. The vast majority of the projects will be administered by multilateral institutions and involve recurrent expenditure rather than infrastructure-focused projects.

Despite all the evidence to the contrary, Yellen on a trip to Zambia in February warned that Chinese lending “can leave countries with a legacy of debt, diverted resources, and environmental destruction” and called out Beijing for being a “barrier” to ending the major copper producer’s debt crisis and noted that it had “taken far too long already to resolve.”

The US effort to sideline China in Zambia comes at the same time that Washington is trying to tighten control over resources in the region. Note that back in December the US signed deals with the Democratic Republic of Congo and Zambia (the world’s sixth-largest copper producer and second-largest cobalt producer in Africa) that will see the US support the two countries in developing an electric vehicle value chain.

Beijing is insisting that multilateral lenders also accept haircuts on loans rather than just China being expected to do so. This is a position that most debtor nations agree with. On the other side, the IMF and its partners are worried that its bailout money would merely go to Chinese creditors – many of which are state banks that are increasingly troubled by bad debts.

Gong Chen, founder of Beijing-based think tank Anbound, says that if countries are unwilling or unable to repay their debts to China, it would be devastating:

Widespread debt evasion and avoidance would have a significant impact on China’s financial stability,” he said, “and we are concerned that some countries may try to avoid paying back their debt by utilizing geopolitics and the ideological competition between East and West.

Yellen and company tried to apply more pressure on Beijing at the recent G20 meeting of finance officials in India, but that fell flat on its face much like the West’s efforts to hijack the meeting and turn it into a roundtable on Russian sanctions.

Meanwhile, Zambia has halted work on several Chinese-funded infrastructure projects, including the Lusaka-Ndola road, and canceled undisbursed loans in line with the IMF prescription for its debt problem.

Chinese companies are now attempting to work around these roadblocks by shifting more toward public-private partnerships. For example, a Chinese consortium is now planning to build a $650 million toll road from the Zambian capital to the mineral-rich Copperbelt province and the border with the Democratic Republic of the Congo.

The situation in Zambia does not bode well for other nations needing debt relief, as the delays while the West and China clash mean more pressure on government finances, companies and populations.

And if the West’s primary goal in offering debt relief is to sideline Beijing, as it appeared in Zambia, then that will mean a drastic scaling back of infrastructure projects replaced by austerity. From Sovdebt Oddities:

More broadly, as noted by Mark Sobel, the current international financial architecture is ill-equiped to deal with a major recalcitrant creditor benefiting from outsized (geo)political leverage. While it remains illusional to insulate sovereign restructurings from geopolitical considerations, there is a risk that they would turn into a game of chicken between China on the one hand and the IMF and Paris Club on the other hand. The problem being that if none of the players yields, it will just mean more economic and social hardship for the debtor country stuck in the middle.

Sure enough, the same situation is playing out in two nations that are key points on China’s Belt and Road project: Pakistan and Sri Lanka.

Here is Islamabad’s debt situation, courtesy of Pakistani economist Murtaza Syed at The International News:

For each of the next five years, Pakistan owes the world $25 billion in principal repayments. It will also need at least $10 billion to finance the current account deficit, bringing total external financing needs to $35 billion a year between now and 2027. We have foreign exchange reserves of just $3 billion. For each of the next five years, the government needs to pay 5 percent of GDP to service the debt it owes to residents and foreigners. Our total tax take is only 10 percent of GDP.

Around fourth-fifths of this external debt is owed to the official sector, split roughly evenly between multilaterals (like the IMF, World Bank and ADB) and bilaterals (countries like China, Saudi Arabia and the United States). The remaining one-fifth is commercial, again roughly evenly split between Eurobond/Sukuk issuances and borrowing from Chinese and Middle Eastern banks. By region, we owe roughly one-third of our external debt to China and 10 percent to the old-boys network of the Paris Club, which includes Europe and the US.

Additionally, last year, the Pakistan rupee plunged nearly 30 percent compared to the US dollar. All indications are that the IMF is using bailout negotiations to pressure Pakistan to move away from China and revive its partnership with the US. Some background from WSWS:

Former prime minister Imran Khan’s government was promptly removed in April 2022 after he reversed IMF-demanded subsidy cuts in the face of country-wide protests. Khan had previously implemented two rounds of some of the toughest austerity in the country’s history. In the final year of his government, Khan shifted the country’s foreign policy towards a closer alliance with Russia and deepened ties with China, prompting concern and anger in Washington.

Sharif’s Muslim League (PML-N) and the People’s Party (PPP) assumed power in a coalition with the approval of the military, long the most powerful political actor in the country and the linchpin of the alliance between the Pakistani bourgeoisie and US imperialism. The express aim of the new government was to implement IMF austerity, which it has done.

The IMF-prescribed austerity imposed by Pakistani elites also targets Beijing.  China is Pakistan’s largest single creditor as the country is perhaps the most important country in China’s Belt and Road plans because it would provide China with a potential corridor to the seaport at Gwadar on the Indian Ocean. The supply line would reduce the distance between China and the Middle East by thousands of miles via insecure sea lanes to a shorter and more secure distance by land. Beijing’s spending in Pakistan reflects this, as the $53 billion China has spent on the Belt and Road Initiative (BRI) in the country is tops of all BRI countries.

Yet many of the BRI plans are unrealized, and Pakistan’s current economic situation makes it unlikely they’ll be finished anytime soon. China has dramatically scaled back investment, which fits with its more cautious approach to BRI projects. Meanwhile, decades-high inflation, economic mismanagement, and last year’s biblical floods have led to Islamabad burning through its foreign exchange reserves in order to make debt payments. The US blames China.

“We have been very clear about our concerns not just here in Pakistan, but elsewhere all around the world about Chinese debt, or debt owed to China,” US State Department Counselor Derek Chollet told journalists at the US Embassy in Islamabad after he met with Pakistani officials in February.

Additionally, Cholett said Washington is warning Islamabad about the “perils” of a closer relationship with Beijing.

According to the Times of India, many Pakistani officials have come around to the US way of thinking and are also blaming the China-Pakistan Economic Corridor Project (CPEC), a $65 billion network of roads, railways, pipelines, and ports connecting China to the Arabian Sea,  for worsening the country’s debt crisis. From Indian Express:

Pakistan expanded its electricity generation capacity under the China-Pakistan Economic Corridor Programme (CPEC) but the expansion came at a high cost both in terms of high returns guaranteed to the Chinese independent power producers (IPPs) and the expensive foreign currency debt. Pakistan has been unable to make the capacity payments to IPPs under the long-term power purchase agreements with the electricity sector debt rising to a staggering $ 8.5 billion.

Last December, the government agreed to repay this debt in installments. However, this may have displeased the IMF, which had expected the government, in August 2022, to renegotiate the purchase power agreements. Pakistan tried to renegotiate but the Chinese refused.

The IMF extended the current program on the condition that it would not go to the Chinese IPPs. More from Nikkei Asia:

Observers say Pakistan’s handling of the electricity issue is likely to irk China, noting that Sharif’s government committed to the IMF to reopen power contracts without taking the Chinese companies into confidence. Pakistan has also reneged on a promise to set up an escrow account to ensure smooth payments to Chinese IPPs.

The IMF is demanding that Pakistan rationalize payments to the Chinese IPPs in line with earlier concessions extracted from local private power producers…

The IMF now wants Pakistan to negotiate an increase in the duration of bank loans from 10 years to 20 years, or to reduce the markup on arrears owed to Chinese IPPs from 4.5% to 2%.

Notably, the IMF appears to have been less willing to make concessions than the previous 22 times Pakistan has sought its support since 1959. Oddly enough Beijing is pushing for a deal between Islamabad and the IMF, and China recently extended a $2 billion loan to Pakistan. From the Middle East Institute:

It is interesting to note, for example, that Chinese officials reportedly urged Islamabad to repair ties with the IMF — if true, an indication that Beijing regards resumption of the Fund’s lending program as key to mitigating Pakistan’s risk of default.

It is also revealing that Pakistan seems keener to take on new financing from China than China may be to furnish it. Even as the economy wobbles under a heavy debt burden and other acute challenges, Pakistani officials have sought support from China to upgrade the Main Line 1 (ML-1) railroad, a project which, if not undertaken, they claim could result in the breakdown of the entire railway system.Yet, the IMF wants Pakistan to rein in CPEC activity. And China’s own domestic economic challenges and priorities might make it hesitant to respond to Islamabad’s appeals. On the other hand, the ML-1 project might meet Beijing’s more exacting standards and increasing emphasis on “high quality” BRI infrastructure projects.

The recent rapprochement between Iran and Saudi Arabia could leave Pakistan out in the cold and even more reliant upon the US. From Andrew Korybko:

With the Kingdom likely to focus more on mutually beneficial Iranian investments than on dumping billions into seemingly never-ending Pakistani bailouts that haven’t ever brought it anything in return, Islamabad will predictably become more dependent on the US-controlled IMF. China will always provide the bare minimum required to keep Pakistan afloat in the worst-case scenario, but even it seems to be getting cold feet nowadays for a variety of reasons, thus meaning that US influence might further grow.

About that, last year’s post-modern coup restored American suzerainty over Pakistan to a large degree, which now makes that country a regional anomaly in the geopolitical sense considering the broader region’s drift away from that declining unipolar hegemon. The very fact that previously US-aligned Saudi Arabia patched up its seemingly irreconcilable problems with Iran as a result of Chinese mediation reinforces this factual observation. Pakistan now stands alone as the broader region’s only US vassal.

Pakistan is not only the most highly indebted to China of its BRI partners, but along with Sri Lanka, is also among the largest recipients of Chinese rescue lending. The ruling elite Pakistan is increasingly concerned that the social crisis could spiral out of control and result in something similar to what happened in Sri Lanka last year when a popular uprising toppled the government.

Due to haggling between the West and China, Sri Lanka has been waiting since September to finalize a bailout after a $2.9 billion September staff level IMF deal. And yet many of the recommendations in the agreement have already been implemented—to disastrous effect.

The country is dealing with its worst economic crisis since independence in 1948, including a shortage of reserves and essential items. In February, the IMF said Sri Lanka’s bailout package was set to be approved as soon as the country obtained adequate assurances from bilateral creditors, i.e., China.

Beijing now appears ready to meet more of the IMF’s demands, although details have yet to be released. In a letter in January, the Export-Import Bank of China offered a two-year debt moratorium, but the IMF said that wasn’t enough. According to Reuters, total Sri Lankan debt to Chinese lenders totals roughly 20 percent of the country’s total debt.

Sri Lanka is another focal point of the BRI due to its geographical position in the middle of the Indian Ocean. China’s goal was to transform the country into a transportation hub as much of its energy imports from the Middle East and mineral imports from Africa pass through Sri Lanka. Beijing has already achieved much of these goals. For example, in 2017 a 70 percent stake of the Hambantota port was leased to China Merchants Port Holdings Company Limited for 99 years for $1.12 billion.

The West blames China’s BRI initiative in Sri Lanka for saddling the country with unsustainable debt, but is that really the case? Political economists Devaka Gunawardena , Niyanthini Kadirgamar, and Ahilan Kadirgamar write at Phenomenal World:

The problems associated with the IMF’s policy package have been caught in geopolitical rhetoric. The US alleges that Sri Lanka is the victim of a Chinese debt trap. In fact, Sri Lanka is in an IMF trap. The structural consequences of over four decades of neoliberal policies have exploded into view with the receding welfare state, a ballooning import bill, and investment in infrastructure without returns, all of which relied on inflows of speculative capital. Framing Sri Lanka’s crisis within a narrative of geopolitical competition obscures the core dilemmas of the global economy. Will the evident breakdown force a reckoning with the present order, or will it be used as an excuse to inflict more suffering?

Thus far, it looks like the latter.

[rao645]

Online Job At Home Earn Daily 50$

A major number of understudies use to look free of charge online work at home in Pakistan without speculation after matric, middle of the road, or graduation. The best source to bring in cash online in Pakistan at home without venture is online information section work. However, other than this, there are bunches of other internet procuring thoughts for understudies at home are accessible that permits you to begin an attractive vocation for procuring great to meet their costs as a whole. In Pakistan, other than instructive costs, understudies are likewise drawn in with different liabilities to meet their home costs. In these results, our youths like to do a web-based seasonal occupation for an understudy with the goal that they can proceed with their examinations and occupation together. On the off chance that you are likewise among such understudies, here we are giving you various choices for online positions for understudies in Pakistan at home without venture. Understudies as well as different applicants who are not even understudies however great in the PC can likewise select these locally situated web-based positions without venture. 

Free Web-based Work At Home In Pakistan Without Venture

There are bunches of understudies even young ladies are doing these free web-based work at home in Pakistan without speculation and procuring up to Rs. 50, 000/ - each month. Also, there are classes and working rules which choose the proportion of acquiring. Beneath of this entry, you are getting this large number of fields and nature of works with how to apply process. Continue to peruse… 

There are such countless web-based positions for the understudies in Pakistan through which one can procure an attractive sum on everyday, week by week or month to month bases. It relies on one's capacity to work which is given beneath.

Online Information Section Occupations In Pakistan Without Speculation:

The information passage implies you need to reorder a given information by the organization and simply send back the document. Indeed, even a matric or bury pass understudy who can reorder in PC and can utilize Microsoft word or succeed can hold this work. There are different web-based organizations extending to online information section employment opportunities for understudies in Pakistan without speculation. Most importantly, the organization will keep confirmation by you and take an example test work. from that point onward, they will show you the functioning measures. One who meets the functioning qualification models and qualification standards will be selected to work with that organization. In the arrangement free web-based work at home in Pakistan without venture, this would be the most ideal choice for you. 

Online Article Composing Position For Understudies In Pakistan:

In this sense, the independent article composing position in Pakistan for understudies are accessible en masse. Online article composing position mean to compose on various subjects sent by the proprietor. You can look online for that theme however you need to compose a post containing 400 to 600 special words. Your substance should not be a duplicate from some other site. Different site proprietor expects individuals to compose an article which they post on the site for their benefit. The essayist is being paid for his substance composing on the norms and rate set by both the gatherings before the beginning of the task. The individual can compose the substance structure his home and can mail to the proprietor. For the most part a single men pass understudy can accomplish free web-based work at home in Pakistan without speculation while on the off chance that you are bury however you are great at looking through a subject on the web and you are great in English or Urdu then you can compose an article.

Outsourcing On the web Occupations For Understudies In Pakistan:

At the point when you are remembering to accomplish free web-based work at home in Pakistan without venture at home then you should know about outsourcing. The novices who even have not a tad information about a particular calling can take on this business. Outsourcing is one of the most famous and beneficial business where individuals post their inquiry and prerequisite and the specialist organizations simply give their bid for that specific assistance. The understudy can make himself accessible for offering that support and will charge the client according to the idea of the work and prerequisite. The necessity may be of Web Planning, web content composition, web article composing, web advancement, logo planning, and numerous other web related errands. Fiverr and up-work are the most popular sites for securing outsourcing positions for understudies.

Web based Showing Position For Understudies In Pakistan:

On the off chance that you are an expert or graduate level understudy, web based coaching position for understudies in Pakistan will be the most ideal choice for you to procure a decent pay. You simply need to snatch a decent capacity to convey a subjects then internet instructing to unfamiliar Pakistani understudies would be a decent choice for procuring. For finishing this work you need to set up an example video of your showing strategy and delivery this video on various facebook pages and Youtube channels. You likewise need to give your Email address and portable number. This is very much like your own headquarters business. Since when you begin showing individuals will straightforwardly pay into your record according to the arrangement is finished among you and client.

Online Positions Giving Organizations:

So prior to beginning your quest Free of charge Online Work At Home In Pakistan Without Venture at home, you need to mindful of where you can find your inquiry in fact. There are a few sites on which the undertakings and tasks are being sold and buy. One who needs any venture simply post the point and inquiry and the one will make that undertaking for the client will be paid according to the value of the task. So the understudies might eve at any point loan such administrations for the sake of which they will be paid so acquiring can be made by sitting at home on the web.

The following are not many references of such outsourcing site through which the understudies can make they're procuring through being on the web and with no venture:

ODesk

vWorker

Elance

Independent

Script spear

Xerox

Joined Wellbeing Gathering

Aetna

First Information.

Humana

Westat

Free Web-based Work At Home In Pakistan Without Speculation:

So these are the most ideal choices for online positions for understudies in Pakistan at home without speculation. There are loads of different works like Youtube channel, Facebook page enjoying, and considerably more works yet this large number of works are simply an issue of venture and much experience. I have quite recently composed those Free Web-based Work At Home In Pakistan Without Speculation at home which are absolutely for a rookie. On the off chance that you have any further idea connecting with online positions for understudies, you can share your remark in the accompanying remark box.

[earning9999]

Best online earning 2023 crypto currency

Crypto Earning 2023

Bestf2023 crypto currency

Cryptocurrency Mining: If you have the technical knowledge and access to specialized hardware, you can mine cryptocurrencies like Bitcoin or Ethereum. Mining involves solving complex mathematical problems to validate transactions on the blockchain and earn rewards in the form of cryptocurrencies.

Cryptocurrency Trading: Trading cryptocurrencies on various exchanges can be a way to earn profits. It requires understanding market trends, performing analysis, and making informed trading decisions. However, please note that trading involves risks, and it's important to do thorough research and exercise caution.

Staking: Some cryptocurrencies offer staking opportunities where you can lock up your coins to support the network's operations and earn rewards in return. Staking typically requires holding a specific cryptocurrency in a compatible wallet or platform.

Crypto Affiliate Programs: Many cryptocurrency exchanges and platforms offer affiliate programs that allow you to earn commissions by referring new users. If you have a website, blog, or social media following, you can promote these platforms and earn rewards when people sign up through your referral links.

Microtasks and Freelancing: Some platforms offer opportunities to earn cryptocurrencies by completing microtasks or freelancing jobs. These tasks could include participating in surveys, testing websites or applications, or providing services in exchange for cryptocurrencies.

[businessskibat]

Blogging se paisa kaise Kamaye -पूरी जानकारी । How to Make Earn From Blogging 

Blogging se paisa kaise Kamaye : आज के डिजिटल युग में ब्लॉगिंग न केवल एक शौक बल्कि एक कमाई का बेहतरीन माध्यम बन चुका है। बहुत से लोग इसे फुल-टाइम करियर के रूप में भी अपना रहे हैं। यदि आपके पास किसी विषय पर गहरी जानकारी है और आप उसे दूसरों के स��थ साझा करना चाहते हैं, तो ब्लॉगिंग आपके लिए एक बेहतरीन अवसर हो सकता है। इस लेख में हम आपको बताएंगे कि ब्लॉगिंग से पैसा कैसे कमाया जा सकता है और इसके…

[aqdevelopers]

Buy Secure Land for Sale in Mianwali – Excellent Locations Available

Now you can find a medium-sized, secure, and high-value land for sale in Mianwali with all the comforts you need. This presents the ideal time to investigate investment prospects in this rapidly developing district, with nice sites on offer. Whether you are searching for residential plots, or commercial spaces – Mianwali has something to offer everyone.

Why to Buy Land for Sale in Mianwali?

Mianwali, a divine place with emerging real estate investment in the market for having a strategic location and eagerness for development of infrastructure around the vicinity, is surely enhancing economic growth there. This is a perfect area for people who want to buy land as an investment or folks that prefer immediate development. It attracts investors to the area with an offering of high appreciation and good connectivity via major routes & facilities.

Dignity of purchasing Secure Land in Mianwali

Growth Potential: Mianwali still remains one of the emerging real estate markets in Pakistan; thus, a lot is yet to be explored.

Secure Investment: Mianwali is secure, and ownership will be properly verified.

Cost of the property: The land in Mianwali is cheaper than many other cities; as a result, you can get your hands on the best value real estate.

Final Thoughts:

So, if you intend to invest in some land offered for sale later at Mianwali, do it now. One of the hopeful places is Mianwali, where despite very few plots up for sale or purchase, this region shows a promising future perspective and strong land options. Start exploring Today and Find the best Plot that suits your needs.

[blueworldcity001]

Blue World City: A Visionary Real Estate Development on Chakri Road

Blue World City, located on Chakri Road in Rawalpindi, Pakistan, is one of the country’s most ambitious real estate projects, aiming to become a world-class residential and commercial hub. Positioned near the M-2 Motorway and New Islamabad International Airport, its strategic location provides convenient access to major cities and transportation routes, making it an attractive destination for investors and homeowners alike.

The project is designed with an emphasis on modern urban living, blending architectural grandeur with top-tier infrastructure. Blue World City features a wide range of residential plots, farmhouses, and commercial spaces tailored to diverse lifestyle needs. The development boasts state-of-the-art amenities, including international-standard schools, hospitals, shopping malls, parks, and entertainment centers, making it a self-sustaining and thriving community.

One of the unique selling points of Blue World City is its focus on catering to Overseas Pakistanis, offering dedicated blocks and tailored investment packages for those looking to reconnect with their homeland. Moreover, the development is closely aligned with the China-Pakistan Economic Corridor (CPEC), positioning itself as a pivotal part of future economic growth in the region.

With its futuristic vision, premium facilities, and strategic location, Blue World City Chakri Road is emerging as a lucrative investment opportunity that promises high returns and a modern, luxurious lifestyle.

[realstateshop]

Investing in Commercial Property in Karachi

Karachi, Pakistan's bustling economic hub and the largest city, presents ample opportunities for commercial real estate investment. With its strategic location, growing infrastructure, and expanding business community, Karachi offers investors a chance to tap into a diverse and profitable market. Whether you're a seasoned investor or new to the commercial property sector, understanding the dynamics of Karachi's real estate market is crucial for making informed decisions.

This article provides a comprehensive guide on investing in commercial property in Karachi, highlighting the benefits, areas to consider, and factors to keep in mind. Additionally, we'll introduce Real State Shop, a leading real estate platform to help you find the most affordable and strategically located commercial properties in Karachi.

Why Invest in Commercial Property in Karachi?

Karachi is often referred to as the financial heartbeat of Pakistan. The city is home to major industries, multinational corporations, banks, and various other businesses that require office spaces, retail outlets, and warehouses. As a commercial hub, Karachi attracts entrepreneurs, business owners, and investors from across the country and beyond. Here are some reasons why investing in commercial property in Karachi can be a smart move:

1. High Return on Investment (ROI)

Commercial properties in Karachi typically yield higher returns than residential real estate. Office spaces, shopping centers, and warehouses generate steady rental income and appreciate significantly over time, making them ideal for long-term investors.

2. Diverse Business Activity

Karachi has a diverse economy, ranging from manufacturing and textile industries to banking, telecommunications, and IT services. This diversity creates demand for a wide range of commercial spaces, from retail shops in bustling markets to office complexes in high-end business districts.

3. Growing Infrastructure

With projects like the Karachi Circular Railway, expansion of the Karachi Port, and numerous flyovers and highways being developed, the city's infrastructure is rapidly improving. Better infrastructure not only enhances the quality of life but also boosts the value of commercial properties.

4. Population Growth

Karachi's population continues to grow, and so does the need for commercial establishments. The increasing number of residents directly translates into higher demand for shopping centers, restaurants, and offices, making it an attractive prospect for investors.

5. Strategic Location

Karachi's coastal location and access to Pakistan’s major ports make it a pivotal point for trade and commerce. Businesses involved in import/export, logistics, and retail flourish due to easy access to international shipping routes.

Key Areas for Commercial Investment in Karachi

Not every part of Karachi offers the same investment potential. While the city is vast, some areas have proven to be particularly promising for commercial property investment due to their location, infrastructure, and the type of businesses they attract.

1. DHA (Defence Housing Authority)

DHA Karachi is known for its upscale commercial and residential developments. The commercial areas, especially phases 6, 7, and 8, are home to high-end retail outlets, offices, and cafes. The area is popular among international brands and businesses catering to an affluent clientele, which ensures high foot traffic and solid returns on investment.

2. Clifton

Clifton is one of Karachi's most prestigious and sought-after locations for commercial investment. It boasts numerous office buildings, malls, and shopping centers. Clifton's close proximity to the sea and its vibrant atmosphere make it an attractive location for both local and international businesses.

3. Shahra-e-Faisal

Shahra-e-Faisal is Karachi’s main artery, connecting the city center with the airport and other key areas. It is a prime location for corporate offices and commercial spaces due to its excellent connectivity and high visibility. The commercial properties along Shahra-e-Faisal command premium prices but also offer exceptional rental yields.

4. I.I. Chundrigar Road

Known as Karachi’s "Wall Street," I.I. Chundrigar Road is the financial hub of the city. Major banks, financial institutions, and multinational corporations have their headquarters here. Investing in commercial property in this area can be highly lucrative, especially for investors targeting corporate clients.

5. Gulshan-e-Iqbal

For investors looking for more affordable commercial properties, Gulshan-e-Iqbal offers a range of options. This area is known for its commercial plazas, IT centers, and retail spaces, catering to a middle-class audience. The demand for office spaces and shops is steady, making it a reliable investment option.

6. Korangi Industrial Area

If you're interested in industrial and warehouse properties, the Korangi Industrial Area is one of Karachi's largest industrial zones. With factories, warehouses, and logistics companies operating here, this area offers solid opportunities for investors looking for properties in the manufacturing or distribution sectors.

Factors to Consider When Investing in Commercial Property

Before you dive into Karachi's commercial real estate market, it’s essential to consider a few critical factors to ensure a sound investment.

1. Location

The success of a commercial property largely depends on its location. Proximity to business districts, easy access to transportation, and being in a high-traffic area are vital for attracting tenants and businesses. Always prioritize location when evaluating commercial property.

2. Market Research

Understanding the demand for different types of commercial spaces in the area you're targeting is crucial. Conduct thorough market research to gauge the rental trends, vacancy rates, and property prices.

3. Legal Due Diligence

Ensure that the property you are considering has all the necessary legal approvals and clearances. Working with a reputable real estate agent or legal expert can help you avoid any potential legal issues down the line.

4. Future Development Plans

Investigating future development plans for the area can give you insight into the long-term potential of the property. Infrastructure projects, new roads, or upcoming business districts can significantly boost property values.

5. Budget and Financing

Set a clear budget and explore financing options if needed. Commercial properties often require a more substantial investment compared to residential properties, so it’s important to have a well-thought-out financial plan.

Real State Shop: Your Trusted Partner for Commercial Property Investment in Karachi

When it comes to finding affordable commercial property in Karachi, Real State Shop is a name you can trust. With years of experience in the real estate market, Real State Shop specializes in helping investors find the best deals in prime locations across the city.

[amnglobalmedia]

Exciting News - AMNG has reached over 28,000+ blog visitors on tumblr. Thank you for your incredible support over the years and for being part of our Monumental Mondays journey. Stay tuned for more amazing content from us! As a valued reader, you can opt-in for our weekly newsletter at amnglobal.com If you are an entrepreneur or small business owner, you are eligible for a free marketing audit. Contact us by email at amnsubmissions@gmail.com

[justnownews]

ICC Allocates $70 Million for Champions Trophy 2025 Hosted by Pakistan

The International Cricket Council (ICC) has announced a substantial investment of $70 million for the upcoming Champions Trophy 2025, set to be hosted by Pakistan. This significant funding underscores the ICC’s commitment to fostering major cricketing events and promoting the sport on a global scale.The allocated funds will be directed towards ensuring the seamless organization of the…

[gfsbuilder]

Best investment options in Pakistan

GFS Builders & Developers projected organization offering a full scope of Best investment options in Pakistan development services and speculation the executives while keeping significant areas of strength for trust and shared regard created through a positive relationship with clients, engineers, specialists, subcontractors, and providers. A vast strategy empowering shared execution obligation guarantees the most expert help and results on all projects. GFS has been in the field of building and construction, and development for quite a long time. We have constructed many ventures from private to business in different arrangements/estimates and have overseen client interest in enhanced regions.

[mirza-humayun-blog]

[risingpakistan]

مہمانوں کی آمد مرحبا

بچپن کی یادوں میں سے ایک یہ بھی ہے کہ جب کبھی گھر میں اعلان ہوتا کہ کل پرسوں کوئی اہم مہمان آنے والا ہے اور وہ چند دن قیام بھی کرے گا تو بس پھر کیا تھا۔ سب لگ پڑتے۔ فرش چمکائے جاتے، کونوں کھدروں میں جمع شدہ کچرا کھرچ کھرچ کے صاف ہوتا، بستر کی چادریں، تکیوں کے غلاف اور تولیے دھو کے استری کر کے بدلے یا تہہ کر کے رکھےجاتے، چارپائیوں تلے مدت سے پڑے گرد آلود جوتے جھاڑ پونچھ کے الماریوں کے نچلے خانے میں ترتیب وار جمع ہو جاتے۔ باورچی خانے میں پڑے فالتو برتن اسٹور میں اور اسٹور سے پھول دار ڈنر سیٹ اور واٹر سیٹ رسوئی میں منتقل ہو جاتے۔ بیت الخلا کی دن میں دو بار دھلائی صفائی کا حکم فوراً نافذ ہو جاتا۔ پرانی صابن دانیاں پھینک کے نئی میں نیا صابن دھرا جاتا۔ بجلی کے سوئچ بورڈز پر لگے میلے بٹنوں کی بھی مہین چیتھڑوں سے صفائی ہوتی۔ بچوں کو دھمکی آمیز نرم لہجے میں ضروری ہدایات جاری ہوتیں، مثلاً مہمان کے کمرے کے باہر شور نہیں مچانا۔ کھانے کی میز پر ندیدہ پن نہیں دکھانا، مہمان جتنا پوچھے بس اتنا جواب دینا ہے۔ مہمان کے سامنے ”تم اور تو‘‘ کے بجائے ہر بڑے چھوٹے کو (کم ازکم چند روز کے لیے) صرف آپ کہہ کے مخاطب کیا جائے، بصورتِ دیگر مہمان کی رخصتی کے بعد مناسب تادیبی و تعزیری کاروائی ہو گی۔

بچپن کی یادوں کا یہ باب بے طرح مجھے یوں یاد آ رہا ہے کہ ان دنوں ہمارے ریاستی بزرگوں کو کچھ خصوصی مہمانوں کا انتظار ہے۔ ان کے بارے بس اتنا بتایا گیا کہ وہ ہمارے لیے 70 سے 100 ارب ڈالر کی سرمایہ کاری کا تح��ہ لے کر آ رہے ہیں۔ ان کے سواگت کے لیے پہلے ہی اسپیشل انویٹسمنٹ فیسیلیٹیشن کونسل (خصوصی سرمایہ کاری کا سہولت کار ادارہ) بن چکی ہے۔ ویسے بھی اب عالمی برادری میں ہماری شہرت یہی ہوتی جا رہی ہے کہ تم آؤ گے تو کیا لاؤ گے، ہم آئیں گے تو کیا دو گے۔ چنانچہ آج کل کاشانہِ ریاست کی رگڑائی و ہمواری کا کام جاری ہے تاکہ سرمایہ کاری کے لیے سازگار ماحول پیدا کیا جاسکے اور مہمانوں کا قیام خوش گوار رہ سکے۔ بجلی اور گیس کی چور بازاری کے خاتمے کے لیے متعلقہ محکمے اور قانون نافذ کرنے والے ادارے لٹھ لے کے پیچھے پڑ گئے ہیں۔ ڈالر کی اسمگلنگ روک کے روپے کی گرتی ہوئی قدر کو سہارا دینے کے لیے وفاقی تحقیقاتی ادارے ایف آئی اے کو نیند سے اٹھا کے ہڑبڑا دیا گیا ہے۔ دہشت گردوں کو بھوسے میں سے سوئی کی طرح نکال کے ان کا کریا کرم کرنے کی کوششوں میں بھی زور پیدا ہو گیا ہے۔ 

قومی خسارہ کم کرنے کے لیے گیس پٹرول اور بجلی کے رعائتی نرخوں کی ڈھال ہٹا کے مارکیٹ ریٹ کے حساب سے خونخوار قیمتوں کو عوام پر چھوڑ دیا گیا ہے۔ نجکاری کی وزارت کے لیے آنے والے دن بہت مصروف ہوں گے۔ پی آئی اے، اسٹیل ملز، ایئر پورٹس ، بجلی کے تقسیم کار ادارے، کارپوریٹ فارمنگ اور معدنیات وغیرہ سمیت متعدد سرکاری شعبے جلد از جلد نج کاری کے لیے شارٹ لسٹ کیے جا رہے ہیں۔ ریاستی انصرام میں شفافیت پیدا کرنے کے لیے سپریم کورٹ نے احتسابی ادارے نیب کے ایکٹ میں گزشتہ حکومت کی من مانی ترامیم کو کالعدم قرار دے کر اربوں روپے کی ہیرا پھیری سے متعلق مقدمات باہمی پارلیمانی افہام و تفہیم سے نمٹائے جانے کے عمل کو بھی کالعدم قرار دے دیا ہے۔ چنانچہ اب ملک میں کرپشن میں کمی کے ذریعے قطار سے باہر نکلنے کی کوشش کرنے والوں کو دوبارہ ڈسپلن کرنے کے لیے نیب کو اس کے نوکیلے دانت وا��س ملنے کا امکان ہے۔ جن شریر سیاسی بچوں نے پدرانہ شفقت کا ناجائز فائدہ اٹھاتے ہوئے ریاستی بزرگوں سے حد سے زیادہ بدتمیزی شروع کر دی تھی انہیں پھر سے تمیز سکھانے کے لیے کان اینٹھنے کا ایک علیحدہ انتظام وضع کیا گیا ہے۔ 

ان نادان و ناہنجار بچوں کے ہوش ٹھکانے لگانے کے لیے مقدمات کے ٹھنڈے گرداب میں غوطے دیے جا رہے ہیں۔ جس طرح بدتہذیب بچوں کو والدین تنگ آ کے کچھ دیر کے لیے اندھیرے کمرے میں بند کر دیتے ہیں اسی طرح ریاست ایسے بد عقلوں کو جیل میں رکھ رہی ہے تاکہ انہیں لگ پتہ جائے کہ ''کھلاؤ سونے کا نوالہ اور دیکھو شیر کی نظر سے‘‘ کی کہاوت کا حقیقی مطلب کیا ہے ۔ اور پھر چند ماہ بعد ہونے والے انتخابات میں جب یہ جھنجوڑے ہوئے بچے حصہ لیں گے تو سرمایہ کاری کے لیے سازگار سیاسی و اقتصادی استحکام لانے کی خاطر خاندان کے دیگر سعادت مند بچوں کی طرح فرماں برداری کے فوائد کے کما حقہ قائل ہو چکے ہوں گے۔ تب تک انہیں یہ سبق بھی ازبر ہو چکا ہو گا کہ والدین کی شفقت اور لاڈ پیار کا ہرگز ہرگز یہ مطلب نہیں کہ بچہ باپ کی داڑھی پکڑ کے جھول جائے اور اس کے سر پر سرکس کے بازی گروں کی طرح چڑھنے کی کوشش کرے۔ انتخابات کا جو بھی نتیجہ مرتب ہو گا سب کو قبول کرنا ہو گا اور یوں ویسا والا سیاسی استحکام آجائے گا جس کے نتیجے میں وہ سو ارب ڈالر آئیں گے کہ جن کی اطلاع ہم تک ڈالر لانے والے ممکنہ مہمانوں سے بھی بہت پہلے پہنچا دی گئی ہے۔

یعنی منڈپ سجا دیا گیا ہے، شامیانے تن چکے ہیں، کرسیاں بچھ گئی ہیں، ریڈ کارپٹ بھی کھل گیا ہے۔ خالی دیگیں کھڑک رہی ہیں، باورچی اور باوردی بیرے مستعد ہیں، بس مہمانوں کے آنے کی دیر ہے۔ اگر اوپر والوں سے پوچھو کہ کون کون سے لدے پھندے مہمان آ رہے ہیں، کتنے ہیں، نام کیا ہیں، کب تک قیام کریں گے، کیا کیا تحائف لائیں گے اور ہم انہیں کون کون سے منصوبے بطور نذرانہ پیش کریں گے؟ ایسے بچگانہ سوالات کا فی الحال بس ایک ہی جواب میسر ہے۔ بزرگوں کے لبوں پر ایک پراسرار خاموش مسکراہٹ۔ اس کے برعکس ہمارے پڑوس میں جی ٹوئنٹی ہو گئی۔ بھارت سے براستہ خلیجی ممالک یورپ تک امریکی سرپرستی میں اربوں ہا ڈالر کی سرمایہ کاری کا ابتدائی خاکہ بھی سامنے آ گیا۔ سعودی ولی عہد محمد بن سلمان نے دلی میں جی ٹوئنٹی کے بعد دو اضافی دن بھی گزار لیے اور اس دوران پچاس ارب ڈالر کے صرفے سے ریاست گجرات میں دنیا کی سب سے بڑی آئل ریفائنری کے منصوبے میں آرامکو اور ریلائنس انڈیا کے اشتراک سمیت خلائی و دفاعی منصوبوں، سیمی کنڈیکٹرز کی تیاری اور قابلِ تجدید توانائی اسکیموں میں کل ملا کے اگلے پانچ برس میں 100 ارب ڈالر کی سرمایہ کاری اور اسی عرصے میں دو طرفہ تجارت 43 ارب سے بڑھا کے 100 ارب ڈالر تک پہنچانے کی یاد دادشتوں کا بھی تبادلہ ہو گیا۔

مگر گھبرانے کی کوئی بات نہیں۔ اگر ہمارے ریاستی بزرگوں نے اگلے پانچ برس میں انہی برادر ممالک کی جانب سے 100 ارب ڈالر تک کی سرمایہ کاری کی خوش خبری سنائی ہے تو کسی بنیاد پر ہی سنائی ہو گی۔ ہمیں نہ ان کی اور نہ مجوزہ سرمایہ کاری کرنے والوں کی نیت پر شبہہ ہے۔ چنانچہ فرش کی صفائی، بستر کی چادریں، جوتوں کی پالش، کپڑوں کی استری اور صابن دانی کی صفائی سمیت کسی کام سے منہ نہیں موڑنا۔ کوا تو منڈیر پر بیٹھ گیا ہے، مہمان بھی بس آتے ہی ہوں گے۔ ہو سکتا ہے یہ نجات دھندہ سفید گھوڑے پر بیٹھ کے آ جائیں۔ جیسا کہ ہم نسل در نسل سنتے آ رہے ہیں۔

وسعت اللہ خان 

بشکریہ ڈی ڈبلیو اردو

[aqdevelopers]

Long-term Real Estate Investment: Plant Seeds for Tomorrow

Long-term Real Estate Investment is a way to ensure your financial future and create real wealth? It is like starting at seeds planting that very small today become the giant forested opportunities of tomorrow. This is a strategy that ideally works for people who have a vision and the patience to watch their money grow over the years.

Why Long-Term Real Estate Investment?

Real estate is a long-term game, but the best part is you never have to play! Real estate is a long-term investment that appreciates in value, with location being key. Here's why it is an intelligent option:

Appreciation: While asset prices rise and fall, real estate values generally go up over time — so the property you purchase now could be worth a lot more in the future.

Real vs. Paper Assets: Real estate is a tangible asset, meaning the property itself holds inherent value. It's also a very good hedge against inflation, as it will not lose your purchasing power in the face of an evolving economy.

Prospering Later with the Benefits

Your long-term strategy will start to really pay off as your real estate portfolio ages. Prices will go up, rents are paid monthly, and wealth is created by compounding. Investing earnings back into more properties allows for expanding your empire, creating a financial legacy that can be shared with future generations.

Conclusion: Reap What You Sow

Real estate investment is the best "plant now, harvest later" method. By doing it wisely, you’ll come closer to being one step ahead in your financial freedom for the rest of life. Ready to sow the seeds of wealth for tomorrow? Invest Now !

[emergingpakistan]

پاکستان کا معاشی مستقبل کیسے محفوظ بنایا جاسکتا ہے؟

کافی شورشرابے کے بعد گزشتہ ہفتے حکومتِ پاکستان نے ’معاشی بحالی کے منصوبے‘ کا اعلان کیا جس کا مقصد ’معیشت کے اہم شعبوں میں اپنے غیر استعمال شدہ وسائل کو بروئے کار لا کر‘ دوست ممالک کو پاکستان میں سرمایہ کاری کی جانب راغب کرنا ہے۔ اس کام کو انجام دینے کے لیے اسپیشل انویسٹمنٹ فسیلیٹیشن کونسل نامی نئی باڈی بھی تشکیل دی گئی ہے۔ سنگین معاشی صورتحال سے نمٹنے کے لیے کسی بھی قدم کا خیر مقدم کیا جانا چاہیے لیکن اس کے لیے اہم ہے کہ حکومت کی خواہش مندانہ سوچ سے آگے بڑھ کر عملی طور پر یہ سنجیدہ اقدامات لیے جائیں۔ کوئی ایسی پالیسی جو ملک کے معاشی بحران اور عوامی مالیات کی بگڑتی ہوئی حالت کو پس پشت ڈالے، حقیقت سے دور بھاگنے کے مترادف ہو گی۔ اس حوالے سے مجموعی اقتصادی ماحول سے ہٹ کر اٹھائے گئے اقدامات غیرموثر ثابت ہوں گے۔ پاکستان کے معاشی بحران کی جڑیں دائمی مالیاتی خسارے سے جڑی ہیں جو اس کے ادائیگیوں کے توازن کے مستقل مسائل، بلند افراط زر اور معاشی عدم استحکام کا ذمہ دار ہے۔ اس کے لیے ساختی مسائل کو حل کرنے اور پائیدار ترقی کے لیے ایک جامع منصوبے کی ضرورت ہے جو زیادہ بجٹ یا ادائیگیوں کے توازن کے خسارے، بڑھتے ہوئے قرضوں اور غیر ملکی زرمبادلہ کے بحران کے چکر کو ختم کرسکے۔ ان مسائل کی وجہ سے ہم بار بار آئی ایم ایف کے بیل آؤٹ کو مسئلے کے حل کے طور پر دیکھتے ہیں۔

جب تک ساختی مسائل کو حل نہیں کیا جاتا تب تک ملک میں شرحِ نمو کمزور، بچت اور سرمایہ کاری کم، خسارہ زیادہ رہے گا ساتھ ہی بڑھتے ہوئے قرضوں کے بوجھ اور بڑھتی ہوئی مہنگائی کے جال سے ہمارا ملک آزاد نہیں ہو سکے گا۔ صرف معاشی اور سیاسی استحکام کے ماحول میں ہی ملک میں سرمایہ کاری کی شرح میں اضافہ ہوتا ہے کیونکہ یہ ماحول اعتماد کی فضا قائم کرتا ہے۔ غیر یقینی صورتحال سرمایہ کاری کے امکانات کو کمزور کرتی ہے اور یوں سرمایہ کار تذبذب کا شکار ہو جاتے ہیں۔ ایک لبرل کاروباری ریگولیٹری فریم ورک اور حکومتوں کی طرف سے پالیسی کے تسلسل کے وعدے ہی سرمایہ کاری کے لیے مثبت ماحول کو فروغ دے سکتے ہیں۔ اگر کھیل کے ضابطوں کو بار بار تبدیل کیا جاتا ہے تو کوئی بھی طویل مدتی سرمایہ کرنے کے لیے تیار نہیں ہو گا۔ مزید یہ کہ سرمایہ کاری کو راغب کرنے کے لیے سرمایہ کاروں یکساں مواقع دینا ضروری ہے۔ حالیہ پالیسی میں اس حوالے سے کچھ نہیں ہے اور یہی وجہ ہے کہ سرمایہ کاری کے لیے سہولت کاری میں ہمیں ایک قدم پیچھے ہٹنا پڑا۔ پاکستان کے پائیدار معاشی بحالی کے امکانات کا تعین سیاسی اور اقتصادی عوامل کریں گے۔ درحقیقت اس حوالے سے سب سے اہم شرط معاشی نہیں ہے۔

یہ شرط ملک کی قیادت کا معیار ہے اور یہ کہ کیا وہ بہتر انداز میں حکومت کرتے ہیں، ایک ایسی حکومت جو ساختی اصلاحات کی اہمیت کو سمجھتی ہو اور اس حوالے سے اقدامات کرنے کا حوصلہ اور صلاحیت رکھتی ہو۔ ایسی اصلاحات جو قلیل مدت میں تو بہت سخت لیکن طویل مدت میں پائیدار اور منافع بخش ہوں۔ پاکستان کے معاشی بحرانوں کی ایک وجہ حکومتی بحران بھی ہیں۔ اصلاحات مخالف حکمران اشرافیہ تقریباً ہمیشہ ہی سنگین معاشی مسائل سے نمٹنے کے لیے آسان راستے تلاش کرتی ہے۔ پاکستان شدید معاشی بحران کا سامنا کرنے والا واحد ملک نہیں ہے۔ دنیا کے بہت سے ممالک جیسے جنوب مشرقی ایشیا، لاطینی امریکا کے ممالک اور ہمارے ہمسایہ ممالک کو اسی طرح کے بحرانوں کا سامنا کرنا پڑا لیکن وہ ان بحرانوں سے پہلے سے زیادہ مضبوط بن کر نکلے۔ ان ممالک نے بحرانوں کو مواقع میں تبدیل کیا، سخت ساختی اصلاحات کی گئیں اور مالیاتی پالیسی اور دیگر اصلاحاتی اقدامات کا آغاز کیا گیا۔ یہ سب ان حکومتوں نے کیا جو اس بات پر یقین رکھتی تھیں کہ اگر آگے بڑھنا ہے تو طویل مدتی عزم اور مستقل پالیسی پر عمل درآمد ضروری ہے۔

اس حوالے سے قیادت کا کردار اہم ہے۔ لیکن اسی طرح پیشہ ورانہ افراد کی ایک قابل اور باشعور ٹیم بھی اہم ہے جو بحرانوں سے نمٹنے اور ملک کی پائیدار اقتصادی بحالی اور ترقی کی طرف منتقلی کو یقینی بنانے کے لیے اصلاحات کی تشکیل اور نفاذ میں حکومت کی مدد کرسکتی ہو۔ عام طور پر اس بات پر اتفاق کیا جاتا ہے کہ معاشی میدان میں کامیابی حاصل کرنے والے ممالک میں اصلاحات کے عمل کی تشکیل اور نگرانی کرنے والے پیشہ ورانہ افراد کا معیار انتہائی اہم تھا۔ ایک بار پھر کہوں گی کہ قیادت اہم ہے۔ قائدین ہی صحیح ٹیم کا انتخاب کرتے ہیں اور پھر اسے ایک راستے پر رہنے اور ڈیلیور کرنے کی ترغیب دیتے ہیں۔ اس حوالے سے ادارہ جاتی طاقت بھی اہم ہے۔ اس سے طے ہوتا ہے کہ پالیسی اقدامات اور اصلاحات کو کس حد تک لاگو کیا جاتا ہے۔ پاکستان کی سول سروس کے معیار اور صلاحیت میں آنے والی گراوٹ اور اس کی مسلسل عمومی نوعیت اب پالیسی کے نفاذ میں اہم رکاوٹوں میں شامل ہیں۔ عالمی بینک کے تعاون سے ہونے والے ایک اہم تحقیق، ’گروتھ رپورٹ‘ نے دنیا بھر کے ممالک کے تجربات کا جائزہ لیا تاکہ یہ دیکھا جا سکے کہ معاشی طور پر کامیابی حاصل کرنے کے لیے انہوں نے کیا کیا۔ رپورٹ کو ورلڈ بینک کے قائم کردہ کمیشن آن گروتھ اینڈ ڈویلپمنٹ نے مرتب کیا۔

اس رپورٹ کی تیاری میں معراف افراد شامل تھے جن میں سے زیادہ تر کا تعلق عالمی جنوب (گلوبل ساؤتھ) سے تھا۔ یہ رپورٹ 2008ء میں شائع ہوئی لیکن کے باوجود اس کے نتائج آج بھی درست ہیں۔ سب سے زیادہ سبق آموز ان خصوصیات کی شناخت ہے جو ان تمام ممالک میں یکساں ہیں جنہوں نے ترقی کی کامیاب حکمت عملیوں پر عمل کیا ہے۔ انہوں نے میکرو اکنامک استحکام کو یقینی بنایا، بچت اور سرمایہ کاری کی بلند شرحیں برقرار رکھیں، منڈیوں کو وسائل مختص کرنے کی اجازت دی اور عالمی معیشت کا مکمل فائدہ اٹھایا۔ سب سے اہم بات یہ ہے کہ ان سب ممالک میں قابل بھروسہ اور باصلاحیت حکومتیں تھیں۔ اس سے بھی بڑھ کر یہ رپورٹ پالیسی سازوں کی اس سوچ کی طرف اشارہ کرتی ہے کہ کامیاب ترقی دہائیوں پر محیط وابستگی اور حال اور مستقبل کے درمیان ایک بنیادی سودے پر مشتمل ہے۔ اس طرح کی سودے بازی میں، فوری اور اہم دونوں عوامل پر توجہ دینے کی ضرورت ہوتی ہے۔ بلاشبہ فوری طور پر مالیاتی بحران اور اس سے پائیدار بنیادوں پر نمٹنے کے لیے جامع اقدامات کی ضرورت ہے۔ لیکن مستقبل کے ساتھ سودے بازی میں ایسے مسائل سے نمٹنا بھی شامل ہے جو معاشی ترقی اور ملک کے مستقبل کے لیے فائدہ مند ہوں۔

ان میں سب سے اہم چیز تعلیم کی دستیابی اور معیار ہے۔ مضبوط تعلیمی بنیاد کے بغیر معاشی ترقی حاصل نہیں کی جا سکتی۔ ایک تعلیم یافتہ اور ہنر مند افرادی قوت وہ ہوتی ہے جو معاشی ترقی کی کامیابی یا ناکامی میں فرق کرے۔ اس کے لیے ہمیں طویل مدتی پالیسی فیصلوں کی ضرورت ہے۔ اس کے باوجود یکے بعد دیگرے وفاقی حکومتوں نے 18ویں آئینی ترمیم کا بہانہ بنا کر تعلیم کے نظام سے ہاتھ اٹھا لیے ہیں جس نے تعلیم (اعلیٰ تعلیم کے علاوہ) کو صوبوں کے حوالے کر دیا تھا۔ جبکہ صوبائی حکومتوں نے اس پر بہت کم توجہ دی۔ کئی دہائیوں تک تعلیم کو نظر انداز اور اس پر کم اخراجات کی وجہ سے پاکستان میں 2 کروڑ 28 لاکھ بچے اسکول جانے سے محروم ہیں۔ جس کے ساتھ ہی پاکستان نے دنیا میں اسکول نہ جانے والے بچوں کی دوسری سب سے زیادہ تعداد رکھنے کا اعزاز حاصل کیا ہے۔ پاکستان کے ڈیموگرافک پروفائل اور نوجوانوں کی تعداد کے پیش نظر اس کے سنگین اثرات مرتب ہوئے ہیں۔ نوجوانوں کی بڑھتی ہوئی آبادی کا مطلب یہ ہے کہ جب تک تعلیم کے پیمانے اور معیار کو بہتر نہیں کیا جاتا ہے تب تک تعلیم یا ہنر سے محروم نوجوان، بے روزگاری، مایوس مستقبل اور غربت کی زندگی کا سامنا کریں گے۔ پاکستان کے بہتر معاشی مستقبل کو محفوظ بنانے کے لیے جو کچھ کرنا چاہیے اس سے کہیں زیادہ واضح ہے اور ہمیشہ واضح کیا جاتا رہے گا۔ لیکن قیادت کا غربت کے خاتمے اور ملک کی سیاسی اشرافیہ کی جانب سے اصلاحات کے عزم کا فقدان بامعنی ترقی کی راہ میں رکاوٹ تھا اور یہ اب بھی رکاوٹ ہے۔

ملیحہ لودھی

یہ مضمون 26 جون 2023ء کو ڈان اخبار میں شائع ہوا۔

بشکریہ ڈان نیوز