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May 28, 2002 Tuesday Rabi-ul-Awwal 15,1423 Raising gas prices in the interest of foreigners The government has recently proposed to enhance the rate of return allowed to gas utilities on their fixed assets in operation as well as the original cost of such assets through... Corporate farming vs land reforms The frequently talked of, but much-feared by, landless farmers is the corporate farming which is to become a reality in Sindh. That is not to be the outcome of a federal... Can India abrogate Indus Water Treaty? Not many among the present generation of Pakistanis may be aware of the perverse Radcliffe Award and its terrible ramifications. At the time of partition of India, provinces of the Punjab... IMF debt plan lacks US support Small wonder, the International Monetary Fund, in a bid to shed some of its traditional orthodoxy, is slowly moving towards a new approach in handling financial crises under a plan that... Equities recover with full might on optimistic note Stocks roared back to their pre-reaction level at the fag-end of last week as the scared investors were back in the market amid hopes that the war with India may not... SBP siphons off Rs1.3bn through sale of bonds The State Bank of Pakistan sold Rs3 billion long-term Pakistan Investment Bonds. On May 23, the central bank siphoned off Rs1.3 billion through the sale of three-year bonds and Rs1.7 billion... Rupee comes under Pressure Tension on Indo-Pakistan borders this week kept the rupee-dollar parity under pressure. Demand for dollar surged in kerb trading pushing the rupee down to new lows.... Mixed trend prevalent on commodities market The Karachi wholesale commodity markets passed through another mixed trading week as the essential items, generally suffered fresh fall, in the absence of strong demand from the local retailers and the... Combating water shortage The irrigation infrastructure in the Indus Valley we are witnessing today, is the outcome of the efforts which began in the late 19th century.... Pothwar’s agricultural potential POTHWAR plateau parallells the outer Himalayas and lies between the rivers Jhelum and Indus. It includes all of Attock and Rawalpindi districts except parts included in Murree zone, besides 75 per... Role of food marketing agencies Despite experiencing phenomenal industrial development, Pakistan is still a predominantly agrarian economy. Agriculture still accounts for 29.2 per cent of the GNP, and is the largest single sector of the national... Extending tax laws to FATA/PATA Pakistan is a unique country [perhaps the only one] which is divided into taxable and non-taxable territories.... Auto industry’s growth An automobile has over 2000 components and parts out of which the assemblers usually concentrate on the manufacturing of small but critical parts while the remaining parts are supplied by vendors... SMEs: focussed for poverty alleviation The government, it appears, is extending more incentives and concessions to the business community for setting up new small and medium enterprises (SMEs) during the next financial year.... World economic report The year 2001 in Poland was one of deepening negative tendencies in the economy, the collapse of public finance, unfavourable conditions in the world economy and crisis on the labour market. ... Poor, poverty and globalization Poverty is a multi-faceted phenomenon manifesting itself in a vicious circle of low income, low consumption, poor health and education, poor skills and lack of job opportunities.... Municipal bank for economic growth and poverty reduction Our population is seriously afflicted with poverty. Up to 50 million people are said to be living below poverty line, to which 10 % more poor join every year. The present... Japanese deal in transparent business Japanese have unique language, culture and ways of doing business and if anyone masters the implication of these aspects of the Japanese society, he can succeed in doing business with them.... The glass is not even quarter full The economy continues to remain in a state of stagnation despite the so-called reforms being undertaken by the military government. The situation is so bad that the progress so far made... Formulating a budget for the common man If one ‘goes by the claims and promises made by the Finance Minister, Shaukat Aziz, in recent days, a hope arises that the federal budget for the fiscal year 2002-03 is...

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