|
| June 3, 2002 | Monday | Rabi-ul-Awwal 21,1423 |
|
Budget-making in war-like situation
But we are talking about war. Not that the exercise of making the budget has in any way been delayed. Not at all. This is going on apace.... 
|
|
Fair NFC award vital for federation
 Despite having a turbulent constitutional history that is replete with experimenting with different forms, methods and doctrines of government, one on which there has been a consensus is “Pakistan’s federal structure...
|
|
||
|
Pakistan in trap of de-industralization
Pakistan’s industrial growth indicates a declining trend for the current fiscal, amidst growing concern over the de-industrialization trap....
|
|
How the social sector fares
At a time when there is a pronounced shift from the public to the private sector in the health and education fields, it is strange that the government doesn’t have much...
|
|
|
||
|
Border concerns turn equities into volatile temper
Stocks, during the previous week, turned into a highly volatile mood as investors were not inclined to hold long positions, despite the peace offensive launched by the big ones and the...
|
|
SBP rescues money market in times of liquidity crunch
The State Bank of Pakistan injected about Rs17.3 billion into the inter-bank market on May 27. This brought to an end, the liquidity crisis that had hit the market on May...
|
|
|
||
|
Euro strong against major units
With no major development in the inter-bank market, the rupee-dollar parity ruled in a tight range last week. Demand for dollar remained stagnant while its supply improved further....
|
|
Foodgrain markets show firm trend
The Karachi wholesale commodity markets showed firm trend last week as prices of essential items generally rose sharply, followed by the reports of short supply on some counters....
|
|
|
||
|
PAC discusses 26 agri experts who absconded
Should the scheme to send scientists and other experts in large numbers for higher education or training abroad be scrapped in view of the massive abuse it has suffered at the...
|
|
Managing water shortage
 The prolonged drought has seriously aggravated the already worst water crisis in the short history of Pakistan. During the last 3-4 years, the water shortages in the Indus Basin during the...
|
|
|
||
|
Sugar-beet no alternative to sugar cane
Sindh is blessed with suitable climatic conditions for growing sugar-cane in its central and southern crop zones. Sugar-cane is a major cash crop in Sindh and is vital to the provincial...
|
|
Why only mega projects?
 Concern is shown by some economists and analysts regarding the reduction of mega projects in Sindh in the forthcoming Public Sector Development Programme. It is feared that Sindh will have a...
|
|
|
||
|
Mixed measures for equity investors
The Karachi stock market is on a roller coaster ride. After having outperformed the rest of Asia until March 14, by which date the KSE-100 index had topped 1930 points, from...
|
|
World commodity report
Gold prices have moved higher in recent days and last week it broke through $320 an ounce for the first time since October 1999.In recent weeks, much of gold’s success has been attributed to weakness of the dollar...
|
|
|
||
|
Sindh: shortfall of Rs14bn in federal transfers
The bureaucrats in Sindh are working overtime these days to window dress a Rs71.70 billion expenditure budget of 2001-02 that supports only 460,000 provincial government employees but does not deliver any...
|
|
NWFP: plans in shambles
The provincial government lagged behind in implementing the budgetary plans the NWFP had chalked out for the 2001-02 financial year. It was an unusual year in many respects. The revenue receipts...
|
|
|
||
Punjab and its budgetary needs
 A resource crunch in Punjab seems inevitable despite claims of improved tax collection, except for the agriculture tax owing to a prolonged drought. Although new taxes have been ruled out, the...
|
|
IT Ord. 2001: a case for abandonment of a bad law
 The Income Tax Ordinance, 2001, promulgated on 13 September 2001, is a bad law by all standards. There is a consensus between the official and non-officials that it needs to be...
|
|
|
||
Health and education: inter-sectoral linkages
 Even though the subject is generally discussed as “education and health,” the sequence is being reversed herein as “health and education.” For, it is next to impossible to educate a people...
|
|
Recovery of loans by NAB: myth or reality?
 The National Accountability Bureau (NAB) has, off and on, been claiming that it has recovered banks’ defaulted loans to the extent of Rs90-100 billion. The purpose of this article is to...
|
