| 06 December 2004 | Monday | 23 Shawwal 1425 |
|
How WTO bureaucracy subverts the process
The bureaucracy that runs the World Trade Organization is no different from the one seen in most of the countries misusing state power to perpetuate itself and influence the process of decision-making on vital issues ... 
|
|
As we strategize again for industry!
A "national industrial strategy" is in the works and is expected to be rolled out by mid-January 2005 according to the Federal Minister for Industries and Production (Dawn, 25-11-04). ...
|
|
||
|
SBP annual report: an enigma of numbers
The State Bank of Pakistan (SBP) has issued its annual report for the fiscal year 2003-04 (FY 04) a few weeks back. As macro-economic indicators of the economy are flashed by the government in the Economic Survey and the budget documents much earlier than the release of SBP annual report ...
|
|
Weakening shareholders' capitalism
"Why is the number of listed companies shrinking"? It is a key issue now emerging in the economy with more and more firms opting for de-listing. And new business firms being registered with Security Exchange Commission of Pakistan (SECP) have not departed from the traditional trend set by their older peers. ...
|
|
|
||
|
A new industrial strategy without severe limits
A new National Industrial Strategy, which breaks with the past in several areas, is to be placed before the Prime Minister and the Cabinet by mid- January for discussion. ...
|
|
Restructuring KWSB: is it a prelude to privatization?
The City Nazim of Karachi initiated steps to re-structure the Karachi Water and Sewerage Board (KWSB) while presiding over a high level meeting (Dawn, 28 November 2004). ...
|
|
|
||
|
Kabul seeks IMF support for economy
Whereas Pakistan has come out of the IMF-sponsored three-year Poverty Reduction & Growth Facility or PRGF, ahead of schedule, refusing to withdraw the last two branches worth $262 million ...
|
|
Balochistan: politics and development
The Parliamentary Committee on Balochistan has reportedly given two key proposals: 1) Substantial increase in the royalty of the province on oil and gas, and 2) empowering the provinces ...
|
|
|
||
|
Chinese imports to Pakistan double in five years
The State Bank of Pakistan (SBP) has revealed that China has almost doubled its share in Pakistan's total import during a short period of last five years and is now fourth largest import source after Saudi Arabia, the US and Dubai. ...
|
|
Why privatize more engineering units?
The federal minister for investment and privatization has recently announced a tentative schedule for the privatization and divestment of various state-Owned enterprises (SOEs). ...
|
|
|
||
|
Livestock: a miracle waiting to happen
The government is spending huge amounts and exploring a variety of possibilities to reduce poverty that seems reluctant to get off an escalating streak. ...
|
|
New agriculture policy
Prime Minister Shaukat Aziz in a recent speech announced various policy decisions to lead the country out of economic instability. Five major sectors, including the agriculture have been initially selected for development ...
|
|
|
||
|
Imact of economic stagnation on urban poor
The World Bank study on Latin American countries showing poverty trends from 1980 to 1996 reveal that every percentage point decline in economic growth rate enhances poverty by two per cent. It is true in the case of Pakistan also. ...
|
|
Low farm productivity: a daunting challenge
Tremendous increase in crops yield in the backdrop of green revolution in the 60s went well at least for a few decades. But after the lapse of a considerable period, these are either on decline or remain stagnant. ...
|
|
|
||
|
Stocks' future outlook depends on political stability
A snap weekend rally allowed the stock market to recover some of the initial losses but its future direction will largely depend on some positive announcement by the prime minister at the KSE award giving ceremony to top 25 companies. ...
|
|
Rupee firm against dollar
The rupee on the week's opening session managed to hold on to its weekend levels in the inter-bank market to trade at Rs59.79 and Rs59.81 on November 29, due to sufficient supply of dollars following State Bank of Pakistan's recent corrective measures. ...
|
|
|
||
