Sindh’s discomfort with surging foreign debts
Mounting foreign loan burden has started telling on the nerves of Sindh’s economic managers. Officials at the Sindh Secretariat at Karachi complain of inflated cost of foreign funded projects that are thrust on them....
Power shortage and outages
Privatisation of the Karachi Electric Supply Corporation Ltd. (KESC) has been officially described as "a landmark in the power sector". This indeed has proved so, but for different reasons....
Eyeing the national savings rates
On June 5, 2006, the government had announced a substantial raise in the National Saving Schemes (NSS) in the budget for the current fiscal year. Will the budget for the next...
Improving sugar recovery
THE sugar content recovery of sugarcane cultivars grown in the country varies from 7.5 to 8 per cent, far away from international standards. Keeping this in view, the Pakistan Sugar Mills...
Rice-fish aqua culture improves farm income
RICE-Fish aqua culture is practised mainly to improve the income of farmers and to make an essential item available in the diet of rural people in areas where ‘rice and fish’ form the staple food....
Potential of dates export
DATE palm is well known for its nutritional and therapeutic qualities. It has very high fruit contents of carbohydrates (about 65-75 per cent). On the basis of nutritive value, it may yield three times more food per unit area than wheat....
Forage crops for cattle
WE do not have natural pasture suitable for dairying, so dairy stocks, mostly buffaloes, rely on cultivated forage for green feed. A large number of dairy stocks are kept in and around cities and feed have to be brought in....
Development of 750 villages in jeopardy
THE Asian Development Bank (ADB) at present is one of the major financial institutions supporting mega projects in Pakistan. Formative assessment by the ADB staff has presented a dismal picture by...
World commodity report
Gold prices have fallen in recent days, tracking a rise in the dollar and weaker oil. Gold fell as low as $671.60 an ounce on April 30. Prices have fallen three per cent in a week from an 11 month high of $693.60 an ounce....
Modernising Indian highways
MAY is the month when millions of middle-class and affluent Indians go on holidays – to hill stations, beaches, historic cities, or to their ‘native towns’ (as most migrants to cities refer to their home towns)....
Heavy levies hampering transit trade
ABSENCE of a vibrant transport policy, illegal and high official levies and poor infrastructure in Afghanistan are hampering regional transit trade....
How successful has been the monetary policy?
The SBP annual report 2005-06 claims that the CPI decelerated from 9.3 per cent (FY-05) to 7.9 per cent (FY-06) mainly due to monetary tightening to soften demand pressures as well as administrative measures to counter supply shocks....
Producing shrub based bio-diesel
A trial E10 gasoline pilot project petrol blended with 10 per cent ethanol has been launched initially in Islamabad and Karachi. Ethanol costs Rs20 per litre against the ex-refinery price of Rs29 for petrol....
Tackling trade deficit with China
PRIME Minister Shaukat Aziz has a lot of expectations from the five-year trade pact with China and the free trade agreement (FTA) signed during the visit of President Hu Jintao to Pakistan....
Outreach of micro financing
The microfinance sector is still in initial stages of development but it is considered to have great potentials. The recent statistics show that almost 25 per cent of the country’s population (nearly 38 million) lives in absolute poverty....
Rupee stronger
The State Bank of Pakistan made a modest dollar buying from banks during the week ending on May 5. Senior bankers said that the central bank bought less than a hundred...
Stocks hit all-time record of 12,512 points
THE KSE 100-share index achieved an all-time high record in quick successions last week as positive news kept steadily flowing, never allowing investors to have an overview of the developing corporate scenario....
Rupee parity with dollar unchanged
The rupee/dollar parity commenced the week on a stable note amid range bound trading in the inter bank market. The rupee held its weekend levels on April 30 and traded unchanged versus the dollar at Rs60.65...
Borrowings of scheduled banks rise to Rs408 billion
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2April 21, 2007, both notes in circulation and those issued decreased in the week....
Wheat prices stable on new crop arrivals
TRADING on the Karachi wholesale market lacked normal interest as leading brokers and commercial houses kept to sidelines followed by reports of a comfortable ready position....