No Result
View All Result
Tuesday, June 10, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

    Ali Zafar drops first Shina song ‘Karay Karay’ on Eidul Adha

    Ali Zafar releases first Shina language song ‘Kare Kare’

    Hania Aamir, known for her lively spirit, surprised fans with a photo carousel from Makkah, Saudi Arabia while Sana Javed, dressed in a peach ensemble, celebrated Eid with her cricketer husband Shoaib Malik

    Pakistani celebs celebrate Eidul Adha 2025 in style

    Directed by Tarun Mansukhani and produced by Sajid Nadiadwala, Housefull 5 features a power-packed lineup including Akshay Kumar and Abhishek Bachchan

    When will Akshay Kumar’s ‘Housefull 5’ get OTT release?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

    Ali Zafar drops first Shina song ‘Karay Karay’ on Eidul Adha

    Ali Zafar releases first Shina language song ‘Kare Kare’

    Hania Aamir, known for her lively spirit, surprised fans with a photo carousel from Makkah, Saudi Arabia while Sana Javed, dressed in a peach ensemble, celebrated Eid with her cricketer husband Shoaib Malik

    Pakistani celebs celebrate Eidul Adha 2025 in style

    Directed by Tarun Mansukhani and produced by Sajid Nadiadwala, Housefull 5 features a power-packed lineup including Akshay Kumar and Abhishek Bachchan

    When will Akshay Kumar’s ‘Housefull 5’ get OTT release?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Opinion & Editorial Opinion

Economic woes our destiny

Dr Shujaat Mubarik by Dr Shujaat Mubarik
June 28, 2020
Since independence, the Islamic Republic of Pakistan has faced innumerable difficulties. However, one problem that still needs to be addressed today due to the governments’ continued apathy, is the economy. Every government laments the state of the economy but doesn’t take measures to improve the economy. The incumbent government also seems to be troubled by the economic problems in the country but isn’t taking practical steps to improve it. There are many sectors in Pakistan that are being deliberately ignored, which can revive the struggling economy.
It has been reiterated that agriculture is the backbone of Pakistan’s economy. Pakistan was self-sufficient in agricultural products and earned substantial foreign exchange by exporting food items to the subcontinent. The government completely neglected the agriculture sector. That’s the reason Pakistan is facing a massive decline in agricultural production and has to import many commodities from other countries while the volume of our exports is also declining.
Due to the investment of big politicians in the country’s sugar sector, the trend of increasing sugarcane cultivation by reducing cotton production is increasing in the country. Cotton export in Pakistan is now a thing of the past and nowadays, sugarcane crops are now flourishing. Sugarcane is relatively more expensive to grow than cotton and consumes more water. If cotton production is given priority over sugarcane, then Pakistan can control the economic woes to some extent by increasing exports.
The seed is also a major issue in Pakistan. Seeds from India are declining the quality of our cotton. Apparently, the seed issue also being deliberately ignored. Like the previous government, the incumbent government is not giving priority to the agriculture sector, which is why locusts have also become a major problem at the moment. The government has allocated Rs 2 billion for the eradication of locusts, which shows the lack of seriousness of the government. No clear strategy is being devised for making things better.
Investing in human beings in Pakistan is still a mystery. Pakistan currently consists of 66 percent of youth and the government has no policy in this regard. When you apply for a work visa abroad, you are given a form in which the choice of field is very important. Because each government first decides how many people are needed in which sector, then the list is prepared. But in Pakistan, the governments have never paid attention to this issue and it is very unfortunate that even today the government does not know how many skilled people are needed in which sector.
Mostly young people in Pakistan don’t know what to choose as their career. The government should guide the youth regarding the areas in which we need manpower so that the youth can move towards those sectors. But due to lack of guidance from the government, the youth turn to a specific sector which leads to an increase in the unemployment rate.
The information technology sector in Pakistan is also suffering from the government’s ignorance. The government is committed to moving towards a digital Pakistan, on the other hand, the government doesn’t have a viable strategy for the IT industry.  Those who sell their software globally face numerous challenges to bring their capital to the country. Pakistani IT professionals are unable to play their true role due to the negligence of the government.
Today, the world is moving towards the digital age and the demand for IT professionals is also increasing. In such a situation, we should reform the IT sector and create more professionals in this field. But unfortunately, this sector is also neglected.
There are cartels in every manufacturing sector in Pakistan that determine the price of goods themselves. These cartels are free to make their own decisions due to the incompetence of the government. If the government creates more opportunities by encouraging the manufacturing sector to increase competition, the cartels’ powers can be overcome. Pakistan’s interest rates are still very high in the region and rising costs make it difficult for our productive sector to compete internationally, which affects our exports.
Pakistan needs to focus on agriculture, human resources, and IT to move forward and strengthen its economy, otherwise the economic woes will be our destiny.
ShareTweetSendShare
Previous Post

Man killed, other injured in Louisville shooting

Next Post

Confirmed coronavirus cases in Pakistan soar to 200,000

Related Stories

Opinion

The Betrayals Within: From Homes to Halls of Power

June 5, 2025
Opinion

AIF 2025 – A Rallying Cry for Unity in a Fractured World

May 31, 2025
Opinion

Eurasian Economic Union at 10: Looking Beyond the Decade

May 29, 2025
Opinion

Crimea at the Crossroads: Development, Identity, and Geopolitics

May 29, 2025
Opinion

A Bond Steeped in Friendship and Tea

May 22, 2025
Opinion

Kazakhstan’s Rising Arc

May 21, 2025
Opinion

Russia’s Great Victory Day – A Triumph of Courage and Sacrifice

May 21, 2025
Opinion

Israel stands firmly behind India in hostilities against Pakistan

May 9, 2025
Opinion

Britain’s Interference in China and Domestic Challenges

April 29, 2025
Opinion

Revamping Pakistan’s Outdated Education System

April 10, 2025
Next Post

Confirmed coronavirus cases in Pakistan soar to 200,000

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Business & Stock

Pakistan’s IT exports up by 23.7% to $2.8 billion in FY25

by MM News Staff
June 9, 2025
Finance Minister Muhammad Aurangzeb on Monday presenting the Pakistan Economic Survey 2024-25 in Islamabad (Image: Dawn News)
Business & Stock

Pakistan Economic Survey 2024–25: From inflation to growth – key takeaways

by MM News Staff
June 9, 2025
Pakistan Finance Minister Muhammad Aurangzeb shows a copy of the economic survey of fiscal year 2024-2025 during a news conference in Islamabad, Pakistan June 9, 2025. — Reuters
Business & Stock

Pakistan misses growth target as Economic Survey 2024-25 unveiled

by MM News Staff
June 9, 2025
(Representational Image)
Top News

Rs22.21 billion allocated for Pakistani students to study abroad

by MM News Staff
June 9, 2025
Renna O’Rourke went into cardiac arrest after inhaling fumes from a compressed air product typically used to clean keyboards—an act also referred to as "huffing." (Image: Facebook)
Trending

What is the viral ‘dusting challenge’ that led to Arizona teen’s tragic death?

by MM News Staff
June 9, 2025

Opinion

munir ahmed oped
The Betrayals Within: From Homes to Halls of Power
June 5, 2025
- Munir Ahmed
munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

File photo
Bakra Eid 2025

Eidul Adha holidays: PDMA issues heatwave alert

by MM News Staff
June 5, 2025

Punjab Provincial Disaster Management Authority (PDMA) has issued an alert regarding temperature rise and...

representative image

Severe heatwave warning issued nationwide for Eid holidays

June 5, 2025
President Asif Ali Zardari

World Environment Day: Climate disasters displace millions in Pakistan: President

June 5, 2025
Image: ET

Weather updates for Karachi and other parts of country

June 5, 2025
See all

Prices

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Govt likely to impose 18% sales tax on solar panels in budget 2025-26

by MM News Staff
June 6, 2025

Pakistan is poised to introduce major changes to its taxation framework in the upcoming...

Karachi consumers get Rs2.99/unit relief, power rates hiked elsewhere

June 5, 2025
(File)

Gold price increases Rs4,300 per tola

June 5, 2025
(Representational Image)

Will govt scrap solar net metering in budget 2025-26?

June 5, 2025
See all

Transport News

File
Transport

Karachi Green Line BRT to receive Rs42.7 billion in PSDP 2025-26

by MM News Staff
June 9, 2025

The federal government has set aside a total of Rs. 42.7 billion under the...

Lack of adequate public transportation facilities in Karachi has made rickshaws a popular transport.

Sindh govt bans four-seat rickshaws in Karachi

June 6, 2025

Air Karachi granted regular public transport license

June 5, 2025
(Representational Image, Credit: ProPakistani)

How to apply for Punjab electric taxi scheme

June 4, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.