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| April 23, 2007 | Monday | Rabi-us-Sani 05, 1428 |
The pace of tax reforms
Fearing delay in the release of loan tranche of $100 million from the Asian Development Bank, the Punjab government has finally ramped up the pace of reforms meant to restructure the existing inefficient, archaic and cumbersome tax administration in the province....
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Level playing field and national reconciliation
Politics needs fair play to be robust and markets need level playing field to flourish. Political economy cannot be put on an even keel without maximum possible equality of opportunity for everyone....
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Record wheat harvest, exports
This summer, farmers are reaping a record wheat harvest of 23 million tons plus which, when translated into hard cash at the rate of officially fixed procurement price of Rs425 for 40 kg or Rs10.62...
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A need for farmer-friendly wheat policy By Asmat Ullah
EVERY government faces a challenge in selecting an optimum policy to provide food supply to consumers at a reasonable rate and maintaining a nutritional standard....
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Satellite monitoring to protect forests
THE Punjab government has decided to launch a green Punjab programme through public-private joint venture to safeguard and promote forestry in the province. It is a welcome move for environmentalists and for sustainability of agriculture....
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Remedial plants: coping with polluted water
ALMOST 97 per cent of water on earth is salt water of oceans and seas. The remaining three per cent is in the form of polar ice caps, glaciers, in the atmosphere or underground....
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An uplift programme for Fata
A nine-year ambitious uplift plan for the Federally Administered Tribal Area (Fata), estimated to cost $2.6billion, was unveiled at a donors conference held on April 12....
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Power sector restructing lacks efficiency
Traditionally, the business of electricity has been monopolistic. Its structure was vertically integrated i.e. generation, transmission and distribution were owned and operated by the government-owned or controlled utilities like Water and...
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Survey of Sonmiani sea coast for another port
Balochistan government is currently undertaking a survey of Sonmiani area in Lasbela district where the federal government is planning construction of the country’s fourth seaport. The ban on transfer of land...
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World commodity report
In the week ended April 15, the price of crude oil reached the highest level since September in London trading, as the market worried about tight US stockpiles of motor fuel heading into the peak demand season...
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Road map for making Delhi a financial centre
MUMBAI may be India’s financial and commercial capital, but planners and government officials here and in Delhi dream constantly of the city emerging as an international financial centre (IFC)....
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Power mess and energy conservation
AS summer approaches and temperature sizzles, the people will find no respite and continue to endure longer hours of power failure due to failed policies of the present government over the last eight years....
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A multi-dimensional approach to tackle inflation
The State Bank of Pakistan’s has made it quite clear that the tight monetary policy has helped in bringing down the non-food/non-oil inflation in recent months but it would be difficult to achieve the overall inflation target of 6.5...
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British economy comes under serious strain
The British economy has come under serious strain in the last couple of months. The rate of inflation has crossed the three per cent barrier threatening a significant increase in the...
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Plan to revive old power projects
THE government has directed Wapda officials to overcome the existing 1247MW power shortfall by rehabilitating old power projects on "fast track basis". They have also been asked to line up considerable...
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Expanding South-South trade
On the basis of the economic grouping of trade partners, global trade can be classified into three categories: among developed countries or north-north trade, between developed countries on one hand and...
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Evolving transit trade policy
A World Bank report says that Pakistan’s economy loses billions of dollars through its mismanaged and malfunctioning transport system, which enhances the cost of exports and makes them less competitive abroad....
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KSE index remains at 12,091 despite weekend selling
SHARE market extended previous week''s run-up but with clipped gains as late profit-selling pushed some of the blue chips to close well below their best levels in the recent past....
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Rupee parity with dollar stable
In the interbank market, the rupee-dollar parity commenced the week on a stable note, as dollar supply was sufficient to meet the demand on April 16....
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Commercial banks’ deposits decline by Rs20.3 billion
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2April 7, 2007, both notes in circulation and those issued increased in the week....
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No change in prices of essential items
PRICES of essential items on the Karachi wholesale markets did not show any softening trend during the previous week despite reports of steady arrivals of new crops from upcountry markets....
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