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| May 11, 2008 | Sunday | Jamadi-ul-Awwal 5, 1429 |
Mind the direction
The voters rejected the PML(Q) despite the high economic growth rate because it did not benefit the majority and, instead, led to a whirlpool of food, fuel and financial crisis....
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Fragmentation: bane of Sindh
KARACHI, the economic power-house of Pakistan, is a classic example of how economic disparities between classes, ethnic groups and sectarian communities transform into various sorts of malaise, including target killings, terrorism, etc....
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Civil society calls to reorient the policy
KARACHI: Nearly two months after the elections, little appears to have changed on the ground in terms of the pressing issues such as rising food prices and inflation....
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Soft credit to farmers for better crops
LAHORE: Never mind the deteriorating macroeconomic stability, which is perhaps the only thing that is worrying the country’s finance managers and most economists for the last several months in the face of escalating global crude and commodity markets....
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Tapping agricultural potential
MULTAN: Economists from southern Punjab have drawn attention of the government to serious economic problems and called for steps to resolve them....
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‘Unpopular decisions are inevitable’
ISLAMABAD: Finance Minister Ishaq Dar does not foresee any serious law and order situation emerging from the growing food prices which, he otherwise admits, are causing considerable problems, particularly to the low-income groups....
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Balochistan prays for incentives
QUETTA: In line with what is happening elsewhere in the country, Balochistan is also in the midst of a serious economic crisis. Perhaps it is also in line with the prevailing...
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NWFP blames lack of insight
PESHAWAR: Despite having vast tracts of fertile land, conducive climate and a huge potential for hydel-power generation, the North West Frontier Province is self-sufficient in terms of neither food nor power....
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Old foxes and young Turks
KARACHI: Talking to a range of economists covering an array of colours, shades and hues of opinions, one gets the sense that the scenario may not be as bleak as it appears....
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The maze of food subsidy
ISLAMABAD: With the rising food prices having made more than 77 million Pakistanis vulnerable to economic shocks, the issue of subsidising the country’s agricultural sector has once again come to the centre stage....
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Tax cuts to curtail prices
KARACHI: Retailers and wholesalers are seeking a cut in duties and taxes as they say that it is now the only way to bring down prices when all other options to stem inflation have virtually failed....
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Food crisis is all manmade
KARACHI: The world is bracing for a worst kind of food crisis, witnessed in recent memory. In the global village, Pakistan cannot escape the impact. But is the food crisis as...
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Growth linked to farmers prosperity
KARACHI: The provision of cheaper inputs especially DAP fertiliser, and a better price to farmers is the only answer to check the rising trend in food prices....
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Slashing 15pc GST on oil can provide some relief
KARACHI: Executives in refineries and Oil Marketing Companies (OMCs) do not see any instant solution to bring down the local oil prices as Pakistan imports 85 per cent of the crude...
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Labour leaders vent their rage on govt
KARACHI: Trade union leaders hold wrong planning, smuggling, hoarding and failure of the implementation machinery responsible for current food crisis....
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Textile, farm sector can solve problems
FAISALABAD: Growth of the textile industry, farmer-friendly policies, alternative means of fuel and private power generation offer the only and immediate solution to the food and energy problems being faced by the c0untry....
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Long-term plan can tide over energy crisis
KARACHI: Power utilities have not come up with a long-term strategy to overcome the energy shortage and are adopting only short-term measures to do the job....
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Industry blames mismatch in policy
KARACHI: Pakistan can easily overcome any sort of economic crisis related to food, fuel or finance as it is one of the few countries in the world which is blessed with rich natural and human resources....
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CFS rate, investment fall
KARACHI, May 10: CFS investment and rate on the Karachi stock exchange last week fell from the recent higher levels as leverage investors kept to the sidelines in a falling market and did not opt for fresh financing....
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