A case for reduction in electricity tariff
Wapda has reportedly filed a fresh petition for yet another upward revision of tariff, presumably on grounds of increasing gap between income and expenditure. The details are being kept from everyone...
The referendum and economic reforms
The result of the national referendum held last month is but a general affirmation of the “reform” process started by General Pervez Musharraf’s government some two years back. However, the referendum...
Prospects of investments and econonic stability
The 1998 World Investment Report outlines the major determinant of investment and the two most important are macroeconomic stability and the consistency and continuity of the policies....
Halving poverty by 2015
Despite progress in recent years, both poor and rich countries need to do much more if the international community is to meet its commitment of halving global poverty in all the...
Notes issued, in circulation up
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended May 4, 2002, both notes in circulation and those issued showed an increase as against...
Dollar/rupee parity move both ways
The rupee-dollar parity moved both ways in a narrow band last week. Uncertainty prevailed after the bomb blast in Karachi on May 8, which killed 15 men, mostly foreigners....
Foodgrain markets stay sound
The Karachi wholesale commodity markets showed firm trend during the preceding week as the prices of some essential items rose modestly, followed by the reports of pressure on the ready supplies....
Poverty and food insecurity
According to the World Bank, “the food security is the food access by all people, at all times, to enough food for an active and healthy life”....
Betel-leaf farming in coastal area
Betel-leaf (Piper betel) is locally known as Pan. It is a masticator having important socio-cultural and ceremonial uses in Sindh and in other parts of the South-east Asia, besides having significant...
KESC: restructuring is what is needed
The KESC has been thickly in the red for the last several years. Recurring losses, high incidence of power theft and heavy debts have pushed the company’s accumulated losses to a...
An overview of auto industry
Slump, slowdown, downturn, and recession: these are some of the most commonly used words when talking about economic conditions in the world, after the events of September 11....
POL prices set to rise
The statement of Oil Companies Advisory Committee (OCAC) on April 30, the day of presidential referendum, carrying “no change” in prices of main oil products, came out with no surprise as...
Crucial economic issues in forthcoming elections
The present regime has confirmed, time and again, that elections will be held in October 2002. Electoral reforms have been announced. The registration of voters and delimitation of constituencies are already...
PSDP may get higher allocation
A total expenditure of around Rs810 billion is being worked out by the framers of budget for 2002-03 compared to Rs751.7 billion of the current financial year after the IMF reportedly...
Dollar lobby for a weak rupee
With the dollar just above Rs60 in both the interbank and the ‘kerb’ markets for many months now, the future of the rupee in relation to the dollar has come into...
Regional dimensions of economic planning
Recently a conference of Saarc ministers of finance and planning was held in Islamabad to consider the problem of poverty alleviation. It is, therefore, desirable to review the theory of economic...
Manufacturing sector in doldrums
During the current year Pakistan’s manufacturing sector has shown very little signs of recovery. At best perhaps at the end of the current fiscal, this sector would record a growth of...
World economic report
Nepal was affected by the global economic
slowdown due to the 11 September events that worsened the trade and investment
of other countries in the region. In particular, Nepal’s tourism and trade were
adversely .......