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| February 10, 2003 | Monday | Zul Hijjah 8,1423 |
Current NFC Award unfriendly to Sindh
 Since 1974 population has been the sole criterion of the distribution of the Divisible Pool revenues in Pakistan. It has been used as a proxy for the re-distributional needs of the...
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Iraq war: the spiralling effects on world economy
In the next few weeks, the struggling global economy may be put to the test if Washington chooses to invade Iraq. There are many risks involved in bombing Baghdad, the most...
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Lack of support mellows down equities
Stocks finished with an extended fall during the last week as attempted mid-week rallies failed to get through in the absence of strong follow-support from the financial institutions and general investors....
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Dollar battering continues unabated
The market witnessed sluggish trading this week. The rupee experienced an upward trend amid thin trading in the inter-bank market, where the demand for local currency was high, while in the...
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Rs83bn generated through auction of Treasury bills
On February 4, the auction of 6-month Treasury Bills generated total bids of Rs83 billion. The State Bank remained within its target of Rs45 billion, set for the auction of 6-month...
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Foodgrains enjoy comfortable ready position
Mixed trading was witnessed on the Karachi wholesale commodity markets on comfortable ready position reports, but the falling demand from the upcountry trading centres triggered fresh selling by the local commercial...
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Enhancing water-use efficiency for irrigation
 Pakistan has the largest single contiguous gravity flow system in the world consisting of three reservoirs (Tarbela, Mangla and Chasma), 19 barrages, 12 huge inter-link canals, 59,200km of irrigation canals and...
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Public, private sector cooperation in agriculture
 Public and private sectors’ partnership in the agricultural field has been explored many times but it hasn’t produced worthwhile results because there hasn’t been any private sector professional organization worth the...
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Afforestation of deserts
 Pakistan has a perilously low proportion of forest area — a paltry 4 per cent,which is much below the recommended minimum of 25 per cent. Importance of forest wealth could be...
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World economies
Top economic policy makers from the world’s major industrialized economies rejected widespread criticism that they were dragging their feet on efforts to restore growth. Ministers from the United States, Japan, Germany...
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Easy money policy: will it attract investment?
 The central bank wishes to follow an easy money policy— as the economy is still not picking up pace. But, is it going to lure investment while many other essential ingredients...
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Strategic planning versus ad-hocism
Due to political instability in the country, particularly during the last two decades, the culture of ad-hocism has crept in all spheres of national life, especially in decision-making at top levels....
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Russian economy recovering: investment still shy
A quick overview of the Russian economy A free-for-all privatization process that was initiated in the Russian Federation immediately following the collapse of the Soviet Union in the early 1990s has...
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Why Wapda juggles with figures?
 Wapda’s Chairman Lt Gen (R) Zulfiqar Ali Khan,while recounting his successes, never talks about a team which probably does not exist. According to him and his fully paid advertisements, he has...
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Will the PM’s relief package work?
 As always, economics and politics are coming together in the making of economic decisions. ‘Relief’ is the buzzword. Emphasis on ‘relief’ strongly implies that since the hardships are likely to continue,...
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Govt intervention hampers growth in corporations
 Among a series of reforms introduced by the government since 1998 to revive the economy, there is a growing pressure on the government sponsored/owned organizations to look for ways to run...
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