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Finance

Government Borrowing in Pakistan: A Deep Dive into Fiscal Challenges

Government Borrowing in Pakistan: A Deep Dive into Fiscal Challenges

In the realm of economic policy and financial management, few issues are as crucial and contentious as government borrowing. For Pakistan, a country grappling with persistent fiscal deficits and burgeoning debt, the recent revelation that government borrowing has surpassed the combined figures of the previous two fiscal years raises significant concerns and prompts urgent questions…

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Senate Denies Increases in Worker Taxes: A Bold Move in Pakistan's Fiscal Landscape

Senate Denies Increases in Worker Taxes: A Bold Move in Pakistan’s Fiscal Landscape

In a decisive move, the Senate of Pakistan has rejected the government’s budget proposal to increase the tax burden on both salaried and non-salaried business individuals. This decision also included a proposal to exclude the asset details of financially independent spouses from the wealth statements of taxes payers. These recommendations, which reflect significant fiscal policy…

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Business Controls: Key to Startup Growth and Risk Management

Business Controls: Key to Startup Growth and Risk Management

In recent years, the startup ecosystem has witnessed numerous high-profile frauds, underlining the critical need for robust business controls. Contrary to popular belief, business controls do not necessarily impede growth. When designed and implemented thoughtfully, they can enhance a company's agility while managing risks effectively. The collapse of FTX, among other failures, demonstrates the catastrophic…

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The Role of AI and Machine Learning in E-commerce Personalization

The Role of Machine Learning and AI in E-commerce Personalization

Artificial Intelligence (AI) and Machine Learning (ML) have revolutionized numerous industries, and e-commerce is no exception. These technologies are pivotal in creating personalized shopping experiences, which are becoming increasingly essential in the digital marketplace. This article delves into the various aspects of AI and ML in e-commerce personalization, exploring their applications, benefits, challenges, and future…

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The Rise and Fall of Pakistan's Economy Between 2015 and 2024

The Rise and Fall of Pakistan’s Economy Between 2015 and 2024

The economic trajectory of Pakistan between 2015 and 2024 is a tale of highs and lows, marked by periods of growth and significant challenges. This decade witnessed ambitious economic reforms, geopolitical tensions, and global economic fluctuations, all contributing to the rise and fall of Pakistan's economy. Pakistan's Economic Growth and Reforms (2015-2018) China-Pakistan's Economic Corridor…

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Cryptocurrency: Understanding, Working, Examples, Investment Tips, and Platforms

Cryptocurrency: Understanding, Working, Examples, Investment Tips, and Platforms

Cryptocurrency has taken the world by storm, revolutionizing the way we think about money and financial transactions. From its inception with Bitcoin to the myriad of digital assets available today, cryptocurrency has grown into a significant financial force. In this article, we'll explore what cryptocurrency is, how it works, provide examples, discuss fraud and scams,…

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Unlocking Potential: Microfinance in Pakistan - Challenges and Opportunities

Unlocking Potential: Microfinance in Pakistan – Challenges and Opportunities

Microfinance has emerged as a powerful tool for promoting financial inclusion and uplifting communities by providing access to essential financial services. In countries like Pakistan, where a significant portion of the population remains unbanked, this plays a pivotal role in addressing poverty and fostering economic development. This article delves into the intricacies of its…

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