Estimating the black economy
THE tax and tariff reforms during the 1990s can be regarded as the first comprehensive exercise of its kind and therefore it becomes desirable to gauge their impact on the black economy and on tax evading practices....
Hurdles in Indo-Pakistan trade
WHILE politicians in Pakistan and India continue to blow hot and cold, measured steps are continuing to enlarge bilateral trade ties between the two countries....
Centre for dispute resolution
THE first ever “Mediation Centre” is expected to be functional early next year in Karachi to provide an institutional dispute resolution mechanism to businesses....
Losers and winners under WTO regime
Globalisation has varying repercussions in terms of pro-poor and anti-poor growth. Under the WTO regime, the degree of trade liberalisation is different in different countries. So, in order to understand how...
Pesticides — health and environmental hazards
EXCESSIVE use and misuse of pesticides are hazardous to human health and poisons thousands of farm workers. These poisons become hazardous to environment if transportation, storage and disposal rules are not followed....
Use of ‘leaf colour chart’ in nitrogen management
THE growth of a plant depends on the availability of sunlight, water and various chemical elements. About 16 elements are recognized as essential in rice nutrition: carbon, hydrogen, oxygen, nitrogen, phosphorus,...
Tax holiday on REIT incomes?
FACED with a burgeoning population and speedy urbanisation, Pakistan is suffering from an annual shortfall of 270,000 housing units. To make up for the backlog as well, the construction industry needs...
Regulatory duty on sugar imports
SUGAR industry has used its strong political clout to extract maximum profit from the pocket of helpless consumers. This happens every year before the crushing season starts....
Falling into the debt trap
THE United States’ indebtedness is estimated at $8.5 trillion against its GDP of $10.9 trillion. Economic observers in the US have started realising that if the trend of reckless borrowing is...
Textile package
I HAVE seen various articles about the textile industry and would like to clarify some wrong impressions with reference to the “spinning sector”....
Sugar prices and the export ban
THE ban on export of sugar that was imposed by the Indian government in July, to check inflation, is causing problems for both sugar cane growers and sugar factories in Maharashtra....
Political economy and human security
A MORE encompassing view of human security has been evolving for the last over a decade. Even the military generals have shed the view that they are the only providers of security to people from external threats....
Power line losses — who is to be blamed?
OVER the past few years, the efficiency or profitability of both Wapda and KESC are also being gauged by line losses incurred by these utilities....
Individual insolvencies in an expanding economy
THERE is a lesson for the State Bank of Pakistan (SBP) and the economic managers in Islamabad in what is happening to consumer creditors in Britain....
Dark clouds over Safta
WHEREAS the number of items importable by Pakistan from India is increasing rapidly, the progress on the long awaited South Asia Free Trade Area Agreement (Safta) is too slow....
Is annulment of AGN Kazi formula on the cards?
THE 5-member Tribunal led by former Chief Justice of Pakistan Ajmal Mian announced last month a landmark award that provides a net additional payment of Rs110.4...
KSE crash wipes out Rs135bn capital
SHARE market virtually crashed from its highs last week on persistent profit-selling originating from all quarters. However, there was no matching support from leading institutional traders at the dips....
Rupee shows mixed sentiment
THE currency showed mixed trend versus dollar and euro in local market, this week. The rupee commenced the week on a negative note on November 6, falling by four paisa versus...
Central bank collects Rs44.9bn from T-bills auction
ON November 8, the State Bank of Pakistan picked up Rs44.883 billion through the auction of Treasury Bills. The cut-off yield was raised to 8.19 per cent from 8.14...
Rice and wheat prices on the increase
THE trading on Karachi wholesale markets last week remained relatively slow as commercial houses holding comfortable ready positions increased the selling price of rice and wheat....