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Showing posts from August, 2023

Pakistan's Youth and the Green Transition: A Blog for International Youth Day 2023

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International Youth Day is celebrated every year on August 12 to recognize the role of young people in promoting peace, development, and human rights. The theme for International Youth Day 2023 is " Green Skills for Youth: Towards a Sustainable World". This theme highlights the importance of providing young people with the skills they need to contribute to a green transition. Pakistan is the world's fifth-most-populous country and has the largest percentage of young people ever recorded in history. According to the National Human Development Report published by the United Nations Development Programme (UNDP), 64 percent of the population is below the age of 30 and 29 percent is between the ages of 15 and 29. Pakistan's youth have the potential to transform the country's future and become the engines of development. However, Pakistan's youth also face many challenges and opportunities in their social, economic, and political spheres. Some of the challenges

What are the main economic challenges for Pakistan in 2023?

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Pakistan is a developing country with a population of over 200 million and a GDP of around $280 billion. The country faces many challenges such as poverty, inequality, corruption, terrorism, energy crisis, and environmental degradation. However, Pakistan also has many opportunities to achieve sustainable growth and development with economic reforms in 2023. According to the World Bank, Pakistan's economy is expected to grow by only 0.4 percent in the current fiscal year ending June 2023. The slower growth reflects subdued private sector activity amid deteriorating confidence, import controls, belated fiscal tightening, and the impacts of the unprecedented floods of summer 2022. The World Bank also warns that Pakistan faces significant downside risks to its outlook, such as a resurgence of the COVID-19 pandemic, further deterioration of the security situation, delays in the implementation of structural reforms, and a failure to mobilize sufficient external financing. Some of the ma

How Political Instability Affects Pakistan: What You Need to Know

Political instability is a serious issue that affects Pakistan in many ways. It refers to the uncertainty and unpredictability of the political system, the ineffectiveness of the political parties, and the weak political culture. Political instability can have negative impacts on the economy, society, security, and image of Pakistan. Some of the effects of political instability on Pakistan are: •  Economic slowdown: Political instability can hamper economic growth and development by creating uncertainty, discouraging investment, disrupting trade, increasing inflation, and reducing public spending. According to a study by the World Bank, political instability can reduce GDP growth by 2.39% per year. •  Social unrest: Political instability can also cause social problems such as poverty, illiteracy, violence, discrimination, and lack of opportunities. These problems can affect the quality of life and well-being of the people, as well as their trust and confidence in the government and