developing

ICCI lauds government initiatives for developing gemstone sector D_Trends

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ICCI lauds government initiatives for developing gemstone sector D_Trends

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Ahsan Zafar Bakhtawari, on Monday lauded the government’s directives to develop a comprehensive strategy for gemstone mining in Gilgit-Baltistan, aimed at reducing gemstone wastage. He noted that authorities had been instructed to devise a strategy for gemstone mining in the Gilgit-Baltistan region within a month, with … Read more

“Middle-income trap” hinders progress in 108 developing countries: World Bank D_Trends

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“Middle-income trap” hinders progress in 108 developing countries: World Bank D_Trends

More than 100 countries—including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next few decades, according to a new World Bank study that provides the first comprehensive roadmap to enable developing countries to escape the “middle-income trap.” Drawing on lessons of the past 50 … Read more