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April 8, 2002 Monday Muharram 24, 1423 Provinces demand cheaper loans THE financially over-burdened and heavily debt-laden provincial governments are unanimous in their demand on the federal government to reduce their heavy debt, if that can’t be written off altogether, and cut... PRGF: a recipe for enhancing poverty ONCE again, the United States has brought about a stunning collaboration between a third world military government it backs and a multilateral donor it controls to facilitate the military junta to... Paradigm shift required for growth and development IT IS heartening to see a shade of realism now creeping in the statements of some policy elite about the country’s economy. They are beginning to concede that the government has... Nationalism for US; globalization for others PAKISTAN’S largest export market, the United States, is increasingly denying access to foreign goods to protect its domestic industry, hit by recession.... Market reels under reports of massive share-floatation REPORTS of a massive floating stock of about 9 billion shares did not allow the market to follow a set pattern of trading last week, and it ended partially shaded amid... Forex reserves decline ON APRIL 3, the State Bank of Pakistan mopped up Rs3.693 billion through the sale of three, six and 12 months’ Treasury bills. The State Bank had received bids worth Rs... Rupee comes under pressure THE RUPEE came under renewed pressure in the inter-bank market on the opening day of the week due to rise in demand for dollar from many banks. It traded at Rs60.16... Commodities stay steady THE wholesale Karachi commodity markets passed through a relatively quiet week — barring few changes — the price list of essential items mostly remained pegged at previous levels.... Trout farming: a potential source of income TROUT fish production can play a very important role in income enhancement of mountainous farmers of the Northern Areas which, at the moment, has negligible or almost no contribution....