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| November 17, 2003 | Monday | Ramazan 21, 1424 |
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Growth through consumption or investment?
A radical change in the strategy for economic growth is underway in Pakistan. The essence of the new approach is that the economy should be driven by consumption rather than by... 
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Unemployment and zero deficit bill
A Fiscal Responsibility and Debt Limitation Bill (FRDL) 2003 has been introduced in the National Assembly by the government to bring the revenue deficit down to zero by June 30, 2008...
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Coming out of the IMF crutches
 The IMF-Pakistan relationship is undergoing a qualitative change. “Given the strong improvement in external and fiscal prospects”, the IMF has agreed to biannual approvals, instead of quarterly releases of remaining tranches...
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Amended prudential regulations help in recovery of stocks
Stocks managed to arrest the last couple of weeks’ persistent downward drift in the last week as the institutional traders covered their positions at an attractively low level aided by some...
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SBP injects Rs11.3bn to meet banks’ extra cash demand
The State Bank of Pakistan on November 10, injected Rs11.3 billion into the banking system through reverse repos of treasury bills at an open market operation....
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Rupee maintains winning streak
The rupee commenced the week on a negative note, falling 2 paisas against the dollar on November 10, on account of the short supply of dollar in the inter-bank market....
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Fear of new crop arrival brings sugar prices down
Prices of essential items on the Karachi wholesale markets showed a modest softening last week as pre-Ramazan buying spree was not visible on any of the counters. Trading was light amid...
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Why this huge loan for NDP?
 More than 80 per cent of our country is arid or semi-arid. Its entire irrigation system comprises three reservoirs: 19 barrages ,12 link and 43 main canals and 134,913 water courses....
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Dark shadows over wheat crop
The government’s policy for the next wheat crop is baffling. It is difficult to categorize it and find out precisely what it comprises: callousness towards national needs and the farming community,...
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Plant growth regulators
Historically, plant growth regulators are substances which, when added in small amount, modify substantially the growth of plants,both stimulatory or inhibitory. They have great promise to increase the world food supply....
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Cricket and army worm mar cotton, jowar and pulses in Balochistan
 This year’s monso.on were unusually generous for the rain fed areas of Balochistan.This is because excessive and prolonged monsoon rain enabled growers to undertake cultivation of jowar [sorghum] and kharif pulses...
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Why Pakistan is re-entering bond market
The government of Pakistan has awarded mandate for the issuance of Pakistan’s sovereign bond to JP Morgan and Deutsche Bank as lead-manager, and ABN Amro Bank as co-lead manager, few days...
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E-commerce taxation
 The means and types of businesses have transformed with advent of era of e-commerce, resulting in global seller and buyer. The Internet offers consumer choice, business efficiency and recreation....
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World economic report
Despite the war in Iraq, the gyrations in world capital markets and the post 2000 global economic slowdown, the former communist countries are posting bigger increases in economic growth than many...
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Export diversification and sustainable growth
 Many developing countries are pursuing export diversification as an engine of growth to insulate themselves from unexpected changes in their terms of trade and, to stabilize domestic incomes and employment....
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India’s immiserizing industrialization
India is now emerging as a model economy for some Pakistani economists.The imperialist press is also full of predictions about an impending growth surge in India. It is therefore essential to...
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Need to lure retail investment in PIBs
Retail investors continue to ignore long-term Pakistan Investment Bonds. The State Bank has so far conducted two auctions of the government bonds after allowing retail investors to participate....
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Jobless economic recovery
 Unemployment in the world, except in areas marked for low wages for high tech jobs, may increase, judged by the current global trends....
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Stimulating investment for jobs creation
Investment is a major determinant of economic growth and a mechanism of employment generation and poverty alleviation....
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Establishing textile cities
Pakistan has reportedly decided to establish three textile cities, one each at Karachi, Lahore, and Faisalabad to meet the challenges of the WTO regime in the coming years, when textile quota...
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