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| September 23, 2002 | Monday | Rajab 15, 1423 |
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Lasting economic benefits needed
With the elections only about a fortnight away, voters at large are still totally oblivious of the socio-economic policies that the contesting parties would like to pursue once elected to govern... 
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Deprivation profile of regions
 BALOCHISTAN is the poorest province in the country and, Musakhel (Balochistan) the poorest district. Of the 100 districts in the country, 34 of them are in Punjab, 26 in Balochistan, 16...
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Bubble of high hopes bursts: Johannesburg summit
THE THINLY-VEILED message emerging out of the Johannesburg summit for us— people of Pakistan and other less developed countries— is to give up the long wait for the world to come...
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Can foreign aid banish poverty?
IT HAS BEEN obvious to us for some years now that enough of foreign assistance could be available for social sector development in Pakistan as well as promotion of gender equality....
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Karachi’s energy requirements
EVERY YEAR, Karachiites suffer electric power load-sheddings in summer, to be compounded with higher tariffs and further increases and total unreliability of power supply....
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Bourses set to cross 2-year high level of capitalization
THE MID-WEEK burst of active short-covering in most of the pivotals put the market back on rails last week, as the anticipatory buying triggered by the expectations of higher dividend by...
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SBP mops up Rs9.8bn in open market operations
ON SEPTEMBER 16, the State Bank of Pakistan mopped up Rs9.8 billion through four-week repo of Treasury bills at a maximum yield of 5.70 per cent. The open market operation had...
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Rupee stays firm against dollar
THE RUPEE remained firm in relation to dollar in the inter-bank market throughout the week. After gaining 8 paisa on September 17, the rupee-dollar parity remained unchanged at Rs59.18 and Rs59.20...
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Proportionate supply, demand keeps check on commodities
PRICES OF essential items on the Karachi wholesale markets remained stable during the preceding week, but unlike previous couple of weeks, speculative flare-up was checked as ready supplies matched the demand....
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Securing Thar from drought
THE CURRENT monsoon season is fast approaching towards its end and Thar, with a population of little over a million, is facing drought-like situation yet again and its people are getting...
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Date industry in doldrums
THE GOVERNMENT’s statistics being circulated on date production, exports and imports are not only contradictory but the confusion is such that the government feels proud of its performance, exporters feel they...
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Performance of farm sub-sectors
A CLOSE study of the agriculture sector reveals that it could not achieve even the low target of 2.6 per cent in FY2000-01. On the contrary, it recorded a negative growth...
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Chinese bikes denied registration
BUYERS of Chinese assembled motorcycles are now at the mercy of Sindh’s Excise and Taxation Department to get the registration of their newly purchased bikes — but the department is continuously...
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Modernizing govt’s accounting system
 THE FINANCE Minister, Shaukat Aziz, formally inaugurated the pilot project of the new accounting system at Abbatabad some days back. It introduced the system of accounting— known as “integrated financial information...
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Low inflation rate and stagnant economy
 WHEN a country’s economy is growing and its agricultural and industrial production recording increase, new jobs being created and people’s income level improving due to prosperity, prices generally show a stable...
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Privatization process unpredictable
NOW when the present government is about to leave, some very important agenda is likely to left unfulfilled on the economic front. The government kept taking pride in introducing the privatization...
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Criteria for corporate leadership
THE CORPORATE world has gone through turmoil in recent months, and the bandwagon which started with the Enron has a new passenger on board, the Qwest. None of these scandals have...
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De-industrializing Pakistan
DE-INDUSTRIALIZATION is one of the most disastrous consequences of the policy of liberalization. The United Nations Industrial Development Organization has recently provided data, which reveals how Pakistan has been following the...
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Stock trading: identification of buyer/seller, fair or foul
 THE STOCK brokerage community at the Karachi Stock Exchange is divided—as it is sadly wont to about most issues these days—on the question whether the disclosure of member codes of buyer...
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How popular is FCY export financing
THE RECENT cut of 41 basis points in the markup on the foreign currency export finance is a welcome move. But it is less likely to make the foreign currency export...
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