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Microfinance: A Grass-roots Method for Economic Empowerment and Social Mobility in Pakistan

Microfinance: A Grass-roots Method for Economic Empowerment and Social Mobility in Pakistan

The term Microfinance has recently began making its rounds in the mainstream in Pakistan. Ever since telecom services began offering loans and financing services (an odd combination in of itself) these last few years Microfinance has entered the mainstream. Though the idea of Microfinance is not exactly a fresh one, the use of these kinds…

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Origins, Etymology, and History of the Devil’s Drink Through the Centuries. 

Reading Time: 5 minutes From being labeled as the Devil’s Drink to becoming the base of social revolutions around the world, coffee has seen it all. For something that exists in almost every household around the world right now, coffee has a surprisingly rich history permeated with controversies. So how…

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The Ban on Luxury Goods in Pakistan

The Ban on Luxury Goods in Pakistan, And Its Recent Reinstatement. What was the Economic Impact?

Reading Time: 4 minutes The government imposed a ban on luxury goods on May 19, 2022. These luxury goods included decoration items, smartphones, cosmetics, automobiles, musical instruments etc. Citizens were not pleased by this decision at all but luckily, the trade deficit was reduced by 30%. In other words, the…

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Pakistan’s 3rd Country-Wide Power Outage Incidence

Pakistan’s 3rd Country-Wide Power Outage Incidence; Reasons behind the Poor management by the Ministry of Energy (Power Division) 

Reading Time: 4 minutes Load shedding is the easiest and the most efficient way to save up on energy and distribute it to sectors that require it. All 3rd world countries employ it as a way to keep the main operations running. However, when it comes to Pakistan, especially in…

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