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July 30, 2007 Monday Rajab 14, 1428 Evolving a viable pension scheme Can the Punjab’s scheme for setting up an independent pension fund and injecting into it Rs100 billion by 2016 through annual budgetary allocations for building up a resource base large enough to earn returns sufficient for pension payouts?.... Economy & the limping exports Trade policy has never been of much interest to informed analysts. Exporters are mainly concerned with tariff and tax changes. They are also keen to know the amount of public spending earmarked for the development of the export infrastructure....   UIN system: risks to investors unabated End of July 2007 marks the completion of first year of the Unique Identification Number (UIN). system. It is time to assess whether and to what extent regulators have used this... Environmental pollution –a silent killer Gobal warming is destroying some of the world’s tallest and most stunning mountains. Climate change caused by green house gases such as carbon dioxide is considered one of the biggest long-terms... Maintaining soil quality for agro-ecosystems SOIL is the foundation of the entire biosphere. The sun is the basis for most life on earth. It provides radiant energy for heating the biosphere and photosynthetic conversion of carbon... Return on Moringa plantation MORINGA (Sajna) is a widely cultivated tree and has become naturalised in many locations in the tropics. Also known as “drumstick”, the tree is an “all-natural multi-vitamin” and a natural energy booster.... Radish — good for health LEAFY vegetables, their stems, roots and fruits occupy a significant importance in our daily diet. Their use as they provide roughage is also emphasised by doctors and ‘hakeems’ and other health conscious people.... Large subsidies with little relief IN the last fiscal year, federal subsidies worth Rs89 billion were budgeted but the government ended up spending Rs108 billion. This increase of Rs19 billion gives a holistic picture but digging deeper, the reality is a bit different.... Trade barriers in South Asia In spite of a noticeable cut in tariff rates, South Asia is highly protected as compared with other regional trade blocs. The non-tariff barriers are a common mode to restrict imports.... Devastating monsoon and disaster management Recent reports by newspapers and NGOs say that more than 400 people have died in Sindh and Balochistan while 586 are missing in NWFP and Azad Kashmir as a result of floods in these provinces.... Irritants in exports to Afghanistan TRADE Policy 2007-08 has little to offer to enlarge exports to Afghanistan, which will certainly make the job of country’s economic managers tougher to achieve the ambitious target of $19.2... Irritants in exports to Afghanistan TRADE Policy 2007-08 has little to offer to enlarge exports to Afghanistan, which will certainly make the job of country’s economic managers tougher to achieve the ambitious target of $19.2... Unrealised potential of software exports After earning over a hundred million dollars through exports of information technology and IT-enabled services (ITeS) for the first time in the last fiscal year, the government has set this year’s target at $165 million.... The fallout from pay rise Authoritarian governments try to win over their employees with salary increases, more so if it is an election year. But the state cannot afford large increases in emoluments of its employees.... Falling dollar denting UK exports The growing strength of the pound and the weakening dollar seem to have started adversely impacting on UK’s exports. According to a the latest quarterly survey of industrial trends published by... Move for corporate farming in frontier province In NWFP--one of the most under-developed provinces--a further discriminating policy is about to emerge from the corporate agricultural farming policy formulated by the provincial government to lease out a minimum of 18,694 acres of barren land in southern districts.... Stubborn food inflation THE government has appointed a four-member ministerial committee to look into the issue of food inflation and bring it down through strict administrative measures and by removing the gap between demand and supply.... External sector: trends and challenges The balance of payments surplus increased to $3.5 billion in the last fiscal year from $1.3 billion a year before. And this happened amidst a record current account deficit of $7 billion.... Stocks maintain recovery drive STOCKS last week remained in a bullish frame of mind and maintained their recovery drive as investors covered positions on selected counters but the broader market again remained under pressure owing to law and order situation and political uncertainty.... Rupee moves in a narrow range This week in the local currency market, the rupee moved both ways versus the American dollar but remained in a narrow range, while it continued its downturn versus the euro, amid modest fluctuations and successfully avoided breaking of Rs84 mark.... Banks’ deposits decline by Rs10287 billion According to the weekly statement of position of all scheduled banks for the week ended July 14, 2007, deposits and other accounts of the scheduled banks stood at Rs3,378.399... Prices of some pulses fall on upcountry arrivals TRADING activity on the Karachi wholesale markets during the previous week was relatively slow as buying support showed a considerable decline followed by reports of an improvement in the supply position....

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