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This article talks of the increase in macroeconomic activity in Pakistan, particularly in agriculture and the service sector. Recently stable weather conditions have greatly helped the agricultural sector of the country especially in rice and cotton crops. The banking sector has greatly improved too. Statistics have shown that the budget deficit has dropped down to 2.5% of the GDP in 2011-12 lesser than it was in 2012-13.

This article is of great interest to us for a variety of reasons. Firstly, it is filled to the brim with information regarding the need for import substitution, providing us with a real-world example in Pakistan. Also, it is important because it discusses debt and the looming possibility of defaulting on debt, which is something that has become a hot-button issue in the US economy as of late, given the importance of the debt ceiling.

I choose this article because I think that it shows very well how sometimes we confuse economic growth with economic development. The article reports the benefits that the Gwardar port project would bring. According to the article the creation of this port should boost employment and it should lead to the creation of infrastructure that millions of vehicles would use. It is true that a big project normally creates employment, however in poor countries this project are normally created by international companies that pays small wages to the workers to reduce costs of production. For example, in Qatar there are many workers working in the construction of stadiums for the World Cup in 2022 but they face terrible conditions. If wages are small, the standard of life in Islamabad won't increase and they country will not achieve economic development. Also if this project will lead to a big increase in the number of vehicles in the country the environmental conditions will worse and the possible economic development may not become true.

In this article, Pakistan's Federal Minister, Ahsan, vows to invest in Human Resources for Economic Development. A skilled population and knowledge based society would be the "solution" Ahsan believes. He also believes that economic development may be achieved through community volunteering in Masses.