Using the media for economic gains
THE economies of those very countries which are promising generous aid to Pakistan are in an unprecedented tailspin. The world-wide recession which had already started becoming visible in the weeks leading...
External strategy for debt reduction
THE TERMS “aid” and “trade” have become the most common words in the lexicon of the present-day development economists. For the advancement of any country both these factors play a crucial...
Power sector privatization
DURING the last two decades, privatization has become a global convention, embracing a number of countries. Privatization polices are being pursued as a part of ‘structural adjustment’ and ‘institutional reform’ programmes....
Corruption of non-performance
TO TAP the potentials of economic growth, the government is striving hard to steer Pakistan out of various national economic ills which have infected the economy and stability....
Equities await US aid announcement
KARACHI stocks recovered from the mid-week lows during the last week, as a spate of covering purchases triggered by good dividend by the market leaders, helped reinforce the investor- perception of...
Foreign exchange reserves continue to rise
ON NOVEMBER 6, the State Bank of Pakistan cut the fixed coupon rates on long-term Pakistan Investment Bonds, as a follow-up of the 2 per cent cut in its discount rate...
Dollar fails to get respite
THE DOLLAR remained under selling pressure, while the upward trend in rupee persisted during the last week. There was lack of interest in fresh dollar-buying....
Activity gains momentum on commodities market
KARACHI wholesale commodity markets showed mixed trend last week as prices of some of the essential items remained stable — around the previous levels — amid active ready demand....
Wheat sowing: zero tillage best option
THE speedy development of agriculture is vital for the progress of our country and to secure maximum crop production, the best use of the available land has to be made and...
Textile sector: a scenario after globalization
TEXTILE sector has a very large share in the pie of Pakistan’s exports and GDP. This sector earns 65 per cent of total foreign exchange and about 40 per cent of...
No contingency plan to face fiscal crisis
IS THERE any contingency plan, worked out by the ministry of finance to avoid harsh impact on the economy in case a much-sought-after bilateral and multilateral support package is not received...
Realistic approach to business survey
DO YOU recall the hullabaloo which surrounded the conduct of properties and business survey last year, and the way it was projected as the elixir for our sick economy?...
Is trade the way out?
THE DOHA moot will be nearing to its end when these lines go in print. Although, the moot must be in some turmoil. The travel arrangements could not have been finalized...
Where arethe directors?
THE directors’ report in Pakistan is literally the work of preparatory kindergarten baby....