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September 25, 2006 Monday Ramazan 1, 1427 The hidden national wealth THERE is a world of fantasy attached to hidden informal economy, as it exists in reality in Pakistan and almost all other countries. It is a story of a mix of reality and fiction, mystery and investigation.... Private sector and the public welfare business INTER-regional disparities are increasing, with Punjab province at one end and Balochistan and the NWFP on the other. Yet, within Punjab, education achievements and better infrastructure are leading the much better... Crop yield from drip irrigation TO win acceptance in markets, the high-value crops such as fruits, vegetables and flowers must be of top quality. Quality depends on timely management decisions - especially crop production inputs.... Many wonders of Aloe Vera ALOE Vera is a succulent plant grown all over Pakistan. It is a drought-tolerant plant and needs very small quantity of water. Since thousands of years Aloe Vera plant is used as a natural remedy for countless ailments.... Grading and marketing of wool WOOL is the most misunderstood and abused part of the sheep in Pakistan. The desire of wool as a fabric has made its production at an all-time high level. However,... Strengthening the extension services Pakistan’s economy has been diversified over the years but agriculture still is the largest sector of the economy. With its present 22 per cent share in the GDP, it accounts for 44.8... Mealy bug — a threat to citrus crop CITRUS fruits rank at the top in world production and trade among tree fruits and comprise about 40 per cent of the total fruits produced in Pakistan and it is cultivated... Economic growth with pro-poor bias THE rate of economic growth is a significant determinant of the rate at which poverty declines. But the impact of overall growth on poverty reduction varies from country to country.... Vulnerabilities of poor rural household THE poor in Pakistan is usually exposed to risks—-risks to his health, his family members, his belongings, his livestock and even to his land. Let him fall sick and his dependents would begin starving as they all literally depend on him.... Recession looming over US economy THE US is headed for a recession that could be much nastier, deeper and more protracted than the one witnessed in 2001, warns the President of the Roubini Global Economics and... World commodity report Oil... VAT scheme Taxpayers generally try to avoid paying taxes, as much as possible, on the assumption that much of the taxes paid by citizens are siphoned off by civil servants.... Risks to power plants based on imported coal THE Private Power and Infrastructure Board (PPIB) has invited expressions of interest from potential investors for the development of integrated power project based on imported coal, on non-exclusive basis, proposed to be set up near Karachi.... Supply chain management in textiles THE supply chain management is a co-ordinated set of techniques to plan and execute all steps in global networking for acquiring raw materials from vendors, transforming them into finished goods, and delivering goods and services to customers.... Incentives for widening tax base TAX reforms initiated in 2000 have started yielding more revenues but have failed in improving the tax-to-GDP ratio. The collection by the Central Board of Revenue (CBR) last fiscal exceeded the revised target of Rs690 billion by over Rs10 billion.... Will free trade deals overtake WTO? WITH the World Trade Organisation locked in an unending battle between the developed and developing countries over which principles should govern the exchange of commodities and services between trading partners, it seems that free trade agreements may soon overtake it.... Utility Stores as price stabilizer THE prices, especially those of essential items, continue to rise. So far, the volatility in prices has not been controlled nor have the various factors responsible for it been effectively addressed.... The downside of home remittances HOME remittances touched a record $4.6 billion in the last financial year. And in the first two months of the new financial year (July and August) the remittances increased by 22.72... Bourses cheer up on SECP move EXTENSION of one-month in the in-house Badla financing facility gave the much-needed push to a dull stock market last week. Investors covered their position at lower levels on all the active counters under the lead of bank and oil shares.... Big buying of dollars by importers ON the opening day of the week, the rupee was not able to maintain its weekend level following the excessive dollar-buying by importers to meet the oil payments.... Bank borrowing drops by Rs6.299bn in a week ACCORDING to the weekly statement of position of all scheduled banks for the week ended September 9, 2006, deposits and other accounts of the scheduled banks stood at Rs2,821.939... Essential items display a rising price trend THE Karachi wholesale commodity markets showed firm trend last week as prices of essential items generally displayed a rising trend followed by the reports of tight ready position and strong demand from the upcountry dealers....

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