New Delhi, March 5 (IANS) Pakistan must generate roughly 30 million jobs over the next decade to absorb new labour‑market entrants, but recent growth is incapable of it, causing brain drain and weakened productivity, a report has said.The report from Maldives Insight said the economy grew at an average 1.7 per cent annually between 2022 and 2025, far below what is needed to sustain employment, and the official unemployment rate reached 7.1 per cent in FY25, the highest in 21 years.The pace of …
Latest Brain Drain News & Updates
New Delhi, March 1 (IANS) Pakistan will either confront deep structural weaknesses such as tax narrowness, energy inefficiency, and elite capture of its government or face a brittle economy and thinner social cohesion by 2031, a new report has said.The report from Business Recorder said half‑hearted reforms could leave average annual GDP growth hovering around 2–3 per cent over the next five years, barely above population growth, amounting to stagnation, the report said.”Stagnation, in a you…
New Delhi, Feb 7 (IANS) Suffering from a profound identity crisis, Pakistan has thrown tax burden onto a population that receives the public services of a medieval fiefdom, according to a new report.A report in Business Recorder reveals that Pakistan’s fiscal policy remains obsessed with squeezing the productive few to fund a “bloated, unproductive bureaucracy”. “We are not a welfare state; we lack the institutional nervous system, the documentation, and the moral contract to sustain one…
New Delhi, Feb 7 (IANS) As millions of young Pakistanis enter an economy that has struggled to expand, stalled by macroeconomic instability and policy uncertainty, the country faces “twin dangers” of domestic unrest and accelerating outward migration, a new report has warned.Pakistan must generate between 25 and 30 million jobs over the next decade — about 2.5 to 3 million every year.However, without a thriving private economy, job creation on the scale required is simply not possible, arg…
New Delhi, Jan 31 (IANS) More than 7.6 lakh Pakistanis left the country for work in 2025, a figure that highlights the growing economic stress and lack of job opportunities at home, according to the data by finance ministry’s Monthly Economic Update and Outlook for January 2026.The report showed weak performance in key areas such as exports, foreign direct investment (FDI) and overall growth.However, remittances stand out as the only strong contributor. Remittances rose to $19.7 billion in the…
New Delhi, Jan 31 (IANS) As the Pakistan’s government goes gaga over record remittances — $38.5 billion in FY25 – the narrative actually obscures the devastating reality that the country is haemorrhaging its future, a new report has revealed.The reality is that mass departure of doctors, engineers and skilled professionals “should not be called a point of pride, but a shameful and profound policy failure”, reports The Express Tribune.A nation cannot build its future on money wired from…
New Delhi, Dec 22 (IANS) India continues to send a large number of students overseas for higher education, with more than 13.35 lakh Indians studying abroad in 2024, highlighting the country’s growing dependence on foreign universities despite having the world’s largest college-age population, according to a report released by NITI Aayog on Monday.Canada, the United States, the United Kingdom, Australia and Germany have emerged as the five most preferred international higher education destin…