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October 14, 2002 Monday Sha'aban 7, 1423 Economic policies to remain unchanged As the country re-enters the murky waters of the ‘made-to-order’ democratic set-up, the bureaucratic hierarchy in ministries is busy giving final touches to their reports that they would present to the... Industrial slowdown: causes and remedies THE World Bank President, Mr. James Wolfuson, when he met the Finance Minister, Mr. Shaukat Aziz, in Washington last week, expressed two major concerns, according to the official announcement: the slow... Mangla muddle Public spat between the government of Azad Jammu and Kashmir (AJK) and Wapda over the raising of Mangla Dam by 30 feet may appear to have been contained, even if one... Higher returns on savings of the old The PICIC — a development financial institution (DFI)— launched last week a unique deposit scheme that would pay 12 per cent profit per annum on deposits parked by widows, orphans, retired... Election results create uncertainity for foreign investment The stocks fell like a house of cards during the post-election session on panic-selling originating from all quarters amid fears of political polarization on the fears of political instability.... Bankers anticipate more liquidity by next week On October 8, banks borrowed Rs15 billion from the State Bank discount window to meet their liquidity requirements. A day earlier they had resorted to Rs12.1 billion due to the ongoing... Currencies reflect pragmatic dealings The rupee/dollar parity continued to show strength during the week. Activities remained dull in the market ahead of elections in the country. In the inter-bank market, the rupee traded in a... Pre-poll flurry works as a booster to commodities The Karachi wholesale commodity markets showed firm trend during the last week as prices of essential items generally climbed up on active pre-election buying.... Marketing alternatives for surplus agri commodities Pakistan’s agriculture has graduated from a transitional stage to market-driven sector. Barring edible oils crops, the sector is presently experiencing sizable surpluses in various crops namely cotton, rice, wheat, sugar-cane, onion,... Groundwater syndrome Pakistan is a land of great contrasts. The northern part is wrapped in snow-clad mountains; in the east lie the desert areas of Cholistan and Tharparkar; the central part comprises the... GNP and population growth GNP and population, both being numerator and denominator respectively, need serious attention as far as improved per capita income is concerned. In fact, a simultaneous exercise with greater emphasis to enhance... World commodity report World oil prices have fallen in recent days after Russia joined France and China to oppose the US tough line against Iraq, making it look more difficult for the US to push for quick military action against Baghdad.... Prospects for overseas employment “The true test of civilization is not census, or the size of cities, nor the crops... but the kind of person the country turns out.” Ralph W. Emerson.... IFIs expressing concern One of the major worries of President General Pervez Musharraf and his team is that the new elected government may not like to continue the existing economic policies and reverse them... How lab accreditation boosts exports It is the innermost desire of every businessman that he should be able to export maximum and that whatever he exports be readily acceptable to clients in the world market without... Economic challenges for the new govt The new government is going to take over an improved economy but the challenges ahead are tough. The military-led regime is going to hand over to the elected government $6 billion... Electricity pricing issues: an overview The World Bank President, responding to a question in the course of annual meetings of the WB/IMF, reportedly said that Pakistan was suffering from imbalances in terms of power pricing, as... Have Futures been successful at KSE? Futures on stocks were introduced at the Karachi Stock Exchange (KSE) in July 2001. The overriding objective behind their introduction was to bring in a missing trading instrument.... Neo-feudalism despite a wiser World Bank At long last, we see a World Bank that has either rectified its view of a segment of Pakistan’s economy in general and that of its agricultural sector in particular or... Protection against rise in POL prices Encouraging for the consumers in Pakistan, indeed, are two significant steps taken by the government to hold down oil prices at home if they rise further following a war on Iraq...

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