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Showing posts from June, 2026

The Karbala Event

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  Muharram | A Reminder Beyond Ritual Muharram, and specifically Ashura on the 10th, marks the events of Karbala in 680 CE — the martyrdom of Imam Hussain ibn Ali (RA) and his companions. For many Muslims, Karbala is remembered as a painful chapter in early Islamic history. It came after a period of political turbulence that included the unnatural deaths of three of the Rightly Guided Caliphs — Umar, Uthman, and Ali [RA]. The blockade and killing of Caliph Uthman ibn Affan [RA] is often cited by historians as a turning point that heightened divisions in the Muslim community.  Hussainiat vs Yazidiat: An idea, not just two names!  The story is often reduced to “two personalities.” But across centuries, many have read it as a broader conflict:  - Standing firm against injustice, oppression, and abuse of power Principles associated with Hussain ibn Ali [RA] and his call for accountability. - The danger of anarchy, partisanship, and rule without restraint: The conditions ...

The Pakistan Economy- A different Perspective

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*Simple summary before you read the article 👇 Main idea in 30 seconds:  Pakistan’s money supply grew way faster than its GDP since 2021. That gap didn’t disappear — it leaked into cash + undocumented economy. So the “real” economy stayed flat while trillions moved outside banks. You’ll learn: 1. Why Pakistan fell behind  → Political instability + cash economy vs countries like South Korea, Vietnam, Bangladesh who digitized and documented. 2. M1 vs GDP problem  → M1 = cash + demand deposits you can spend today. Pakistan’s M1 grew 52% since 2021 but GDP only 17%. The 35% gap = more cash under mattress, more black economy, less multiplier. 3. Cash kills growth  → Documented money in banks multiplies via loans → factories → jobs. Cash in hand doesn’t. That’s why GDP per capita, exports, and industry are lagging vs peers. Key takeaway line:  “Bigger wallet ≠ bigger income.” If money sits as cash or in non-productive spending, GDP won’t grow even if M1 looks huge. Th...

Pakistani Diaspora

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  Importance of Pakistani Diaspora in the National Economy* 🇵🇰💸 1. FX Lifeline: Remittances = $38.3B in FY25. That’s 6.5% of Pakistan’s GDP and covers 60-70% of the trade deficit. Without diaspora, PKR would be under way more pressure. 2. 2nd largest FX source:  After exports. More stable than FDI/FII. Gulf workers send monthly “salary cheques” regardless of global market cycles. 3. Consumption engine:  Remittances directly fund household spending - education, health, housing, small businesses. 1 $ sent = 2.5x GDP multiplier domestically. 4. Soft power + skills:  9M+ Pakistanis abroad act as brand ambassadors, investors via Roshan Digital Accounts, and skilled labor export. Percentage in total population - Pakistan population 2026: 245M - Overseas Pakistanis: 9.2M including children - Diaspora share: 3.7% of total population So 1 out of every 27 Pakistanis lives abroad. But that 3.7% sends 6.5% of GDP back home. Pakistan overseas migration 2021-2024, Bureau of Emi...
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  Man And His God My liberal and progressive friends often say: “Humanity is the only true religion.” I respect that thought. In a secular society, it’s natural to think that way. As they say, you harvest apples from an apple orchard, not an orange one. But man is a social animal. He cannot survive alone. So maybe for them, “humanity” becomes both religion and survival. Now flip the picture. Okay, say the world came about by science. Fine. But what about social science? Emotions, love, hate, fear, joy, sorrow, pain… are these also created without a Creator? I saw a robot at an exhibition once. Brilliant machine, but 100% remote-controlled by a human.  When I look at myself, I’m not remote-controlled. Physically I’m limited, but in my thoughts I can dream, plan, create in ways no robot can. Okay, I’ll confess: I am a robot.   But I’m created by God 😊 When my battery runs low, or my WiFi signal weakens, I need more than humanity. I need direct connection to my Creator...

Pakistan Federal Budget 2026-2027

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  Accountant Forum Pakistan Federal Budget Briefing Amount in USD$                              2025-26     2026-27    Notes                               Actual      Budget Macro Using 1 USD$            280         280           Same                                           $              $ GDP Size                  452.1     506.0   +$53.9B /                                            ...