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| December 30, 2002 | Monday | Shawwal 25, 1423 |
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Signs of economic turnaround
Many positive developments were witnessed on the economic front during the last 12 months. To start with, foreign exchange reserves soared to $10 billion. The foreign trade came out of its... 
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Fundamentals of the economy grow weaker
As the number of stakeholders increases with liberalization and privatization of the economy, the need for reliable information on key economic variables becomes all the more important as they have to...
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Cut in electricity rates: a dream or a reality?
Prime Minister Jamali’s resolve and eventual directions have resulted in a rare but true reduction in electricity rates of paisas 12 per unit a fortnight ago....
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A memorable year for Pakistani bourses
The year 2002 has possibly been the most eventful and memorable year for Pakistan’s capital markets. On January 1, when the Karachi Stock Market began trading, the KSE index of 100...
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Outgoing year proves bonanza for bourses
The last full trading week of the year 2002 that ended on Friday, December 27 was perhaps the most momentous in the history of the Karachi Stock Exchange....
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Rs19.32bn generated in Treasury Bills auction
The State Bank of Pakistan at an auction on December 24, sold Rs19.32 billion worth of 3-month and 12-month Treasury Bills. Of this amount Rs18.829 million were 12-month bills and Rs496...
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Dollar hits 3-year lows against index of currencies
Lacklusture activities were noticed at the local currency market last week. Quiet trading was observed in the inter-bank market where the rupee opened the week on a dismal note following one...
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Imported stuff triggers activity in pulses sector
The Karachi wholesale commodity markets showed quietly easy trend during the preceding week. The reports of oversupply continued to inspire fresh selling on some of the essential counters....
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Agri trade and the Third World
Until 1995, global trade rules had little influence on trade in agricultural products. By and large, countries were able to use market-distorting export and domestic subsidies with little regard to their...
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Date palm groves threatened
Hilly terrains, arid plains and inhospitable weather are the distinct features of Balochistan. As Balochistan lies between 20-33 N and 61-70 E it has got all types of climate, i.e tropical,...
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Exporting ‘knoos’
A few weeks ago a news item appeared in the press saying that kinoo exporters have failed to make any headway....
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Pakistan a heavily indebted country: World Bank
 “Despite the implementation of very tight macroeconomic policies, that have already led to compression of imports and falling current account deficits, Pakistan’s external capital requirements remain large. Current balance of payments...
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Regulating the banking business
Banking is one of the most sensitive businesses all over the world. Efficient banking is the basis of a viable economic structure and growth. Pakistan is no exception....
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World economic report
Canada’s economy has been on a roll this year after dodging the bullet of recession in 2001. The GDP grew an annualized 4.3 per cent in the second quarter, more than three times as fast as the US economy, and only modestly down from the cracking 6.2 per cent growth rate in the first quarter of this year....
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Housing for low income groups
 The Lahore Development Authority (LDA) governing body on 16th December 2002 reportedly approved a housing scheme for low-income groups that will be situated adjacent to the LDA scheme for the government...
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A single point agenda for Jamali govt
What is the single point agenda for Mir Zafarullah Jamali’s government — as soon as it stabilizes? An effective, well-financed and no-nonsense thrust to stem the rising tide of poverty. The...
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Why not both investment and employment?
 Investment, employment and revenues are hot topics of the day. Employment and revenues are, in fact, outcome of investment. Over the years, however, investment has confined to low value added textiles,...
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Coping with the sustained investment crisis
Accelerated investment all round is accepted as imperative for the solution of Pakistan’s socio-economic problems, but too many deterrents have been standing in the way for long....
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