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GDP can be increased by improving natural resources of Balochistan: official - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
Government, UNDP launch Rwanda National Human Development Report igihe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igihe.com Daily Mail and Mail on Sunday newspapers.
Help the entrepreneur July 13, 2021 Pakistan’s asset – its youth bulge – can translate into economic gains through development of skills and an environment consistent with the requirements of a modern economy. The UNDP’s National Human Development Report (NHDR) 2020, highlights that currently Pakistan’s 27 million youth are looking for gainful employment with a possible option of getting groomed as entrepreneurs of tomorrow. The cohort of the unemployed youth is predominantly women and only one-third men. To fill the aspirations of those entering the labour market, NHDR 2017 had projected the need for creation of 1.3 million jobs a year, with a labour force participation rate of 66.6 percent. The economy’s inability to create new employment opportunities can lead to 43 million people being unemployed by 2050. An undesirable outcome. ....
Mantra of inclusive development July 7, 2021 A country’s budget, in addition to estimating annual revenues and expenses, provides an opportunity to uplift the well-being of the people through fiscal management. On June 11, the current government announced its fourth budget with a total outlay of Rs8.487 trillion and gross revenue receipts (tax and non-tax) of Rs7.909 trillion. The budget is presumed to be growth-oriented, with additional claims of ‘bottom-up’ approaches to poverty reduction and more inclusivity in the development process. Accordingly, a set of measures, including incentives to businesses, increase in the PSDP, social protection to marginalized groups, loan facilities to low-income households, support to SMEs etc is proposed in the budget. Despite these measures, success in terms of inclusive growth or development highly depends on how these plans are executed or how these incentives are reached to the downtrodden segment of society. ....