06/09/2025
📢 Golden Edge Economics Batch – Online
🎯 3-in-1 Success Path for CSS · PMS · PPS
🔔Classes begin on 11th September 2025
💳 Last date for fee submission: 10th September
Prepare under the guidance of Miss Palwasha Sabir, an accomplished mentor with:
✅ Provincial Planning Officer (2025)
✅ CSS Special Exam Qualifier
✅ MS in Economics (IIUI)
✅ 150 Marks in CSS Economics (2024)
✅ 78 Marks in PPS Economics Paper I (2024)
📚 What this batch covers:
📌 Economics (CSS & PMS – Paper I & II)
📌 Economy of Pakistan (PPS GK Paper)
📌 Written practice for CSS, PMS & PPS
📌 How to attempt questions & add references
📌 Recommended books & authentic sources
📌 Updated statistics & conceptual clarity
🚀 Don’t miss this chance to secure top marks with expert mentorship and structured preparation!
📞 For registration & details: 03350288358
28/06/2025
Crisis at the Strait of Hormuz: A Grave Threat to Pakistan’s Economy 🚨
⚓ What is the Strait of Hormuz?
The Strait of Hormuz is one of the world’s most vital oil chokepoints, connecting the Persian Gulf to the Arabian Sea. Around 20% of global oil trade passes through it—including 30–40% of Pakistan’s imports. Its potential closure due to the escalating Iran-Israel conflict could severely disrupt global and regional trade.
💣 Why is it alarming?
The threat of closure is triggering soaring shipping, insurance, and raw material costs, putting Pakistan’s fragile economy at risk.
📉 Key Stats You Should Know:
🇵🇰 Pakistan’s import dependency: 30% to 40% via Hormuz
📦 Shipping cost (China to Karachi): Jumped from $1,250 → $5,000 per container
🛢 Oil price drop (24 June):
Brent: ↓ $2.91 (−3.8%) → $74.09/barrel
WTI: ↓ $2.80 (−3.8%) → $71.06/barrel
⚠️ Expected rise in insurance & freight: Described as a “dramatic surge”
📤 EU Export Risk: Pakistani goods may lose price competitiveness
👷♂️ Employment Threat: Hundreds of thousands of jobs at stake
🏭 Industry Readiness: Poor—no contingency or crisis management in place
💬 Quote Highlights & Who Said What
“Our machines will stop. Hundreds of thousands of workers will be on the streets.”
— Zubair Motiwala, Chairman of the Businessmen Group (BMG) and former CEO of Trade Development Authority of Pakistan (TDAP). He is a leading industrialist and policy voice in Pakistan's trade sector.
“Cost of doing business will skyrocket.”
— Javed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI). He represents Karachi’s vast trade and industrial community.
“We are staring at unimaginable inflation and economic paralysis.”
— Zubair Motiwala (again), emphasizing the national-scale danger if oil flow is interrupted.
“About 30 to 40% of our imports move through the Strait of Hormuz. If ships are forced to take longer routes, freight and insurance will surge dramatically.”
— Saqib Fayyaz Magoon, Senior Vice-President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). He speaks for Pakistan’s nationwide business community.
“If the Strait is closed, the cost of doing business will skyrocket.”
— Javed Bilwani, reiterating the risks of regional conflict for local industries.
⚠️ Top Concerns Raised
Industrial shutdowns due to raw material shortages
Rising production/shipping costs reducing export competitiveness
Skyrocketing insurance premiums
Spiraling inflation and economic stagnation
Lack of response from the Ministry of Commerce
📌 Stay informed. Share to raise awareness.
