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| March 11, 2002 | Monday | Zilhaj 26, 1422 |
Govt in fix over surplus wheat
 THE national newspapers are full of reports that the federal government is stuck with 4.1 million tons of unsold wheat despite the claims that it is doing everything to get rid...
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Agriculture growth prospects not good
THE situation in the agricultural sector appears to be heading towards disaster. The biggest problem facing this sector is shortage of irrigation water. Rainfall itself has remained very low this year....
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Lawlessness deterring foreign investment
MANY have been the deterrents to large scale foreign investment in Pakistan. The deteriorating law and order which persisted for too long, particularly in Karachi and Sindh, was among them....
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Despite restructuring, Pakistanis growing poorer
DURING the three years and four months between May 1998 and September 2001, Pakistan’s economy displayed a distinct dual character. The fiscal, monetary and external vulnerability indicators were stabilized and many...
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Equities touch seasonal peaks
STOCKS climbed to new seasonal peak levels during the last week as investors were not inclined to miss the rising market amid predictions of a sustained run-up aided by the lure...
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Dollar demand escalates
THE inter-bank parity opened the week on a negative note. Increased dollar demand by foreign banks for making oil payments pushed the rupee lower on March 4, which shed 4 paisa...
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SBP mops up Rs11.39bn through T-bills sale
 ON MARCH 6, the State Bank of Pakistan (SBP) mopped up Rs11.39 billion through sale of T-bills against the target of little less than Rs7 billion....
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Commodities market depicts firm trend
FIRM trend was witnessed on the Karachi wholesale commodity markets last week as prices of essential items generally rose under the lead of pulses because of tight ready position....
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Groundwater monitoring for resource management
NO ONE can deny the importance of groundwater monitoring projects in the present scenario of the water crisis in the country. Deployment of the tube-wells in private sector has taken place...
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Exporting citrus fruits
 PAKISTAN is an agricultural country and produces more than ten million tons of fruits and vegetable annually.It is estimated that 25 per cent of fruits and vegetables go waste during harvesting,...
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Export target still not in sight
THE government has not been able to explore new markets, specially in western Europe and Africa to increase exports, with the result there is no possibility of achieving even $9 billion...
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PSO: should it be privatized?
THE Pakistan State Oil Company is again in the news. The reports saying that its controlling shares will be sold to some strategic foreign buyers or a consortium of local investors...
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Micro finance banks need modest atmosphere
THE conventional commercial banks, commanding almost 95 per cent of the total banking sector assets are operating in Pakistan with a peculiar sophistication and a totally profit- driven approach. They have...
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Income Tax Ord: no better than the existing one
THE law of income tax, having its roots in remote English history, dating back to the area of King Richard of England, was employed in British India regularly in 1918, 1919,...
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Model estates: opportunities and challenges
THE Chairman, Board of Investment (BOI), at a meeting with members of the Karachi Chamber of Commerce and Industry (KCCI) on 28th February, stated that the President General Pervez Musharraf has...
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Financial accountability in public sector
 AN important decision, taken by the government as a component of structural reforms, was to establish ad hoc public accounts committees, both at the federal and provincial levels....
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