Economic Review articles from February 1997

Economic Review archives from February 1997

New government, new challenges. (Pakistan)
February 1, 1997... Subsequent to February 3 polls, new government has been installed at the centre by mid-February which will be confronted with the Herculean task of managing the economy shattered by raging inflation, mounting budget deficit, depreciating rupee,...

National Finance Commission award. (Pakistan)
February 1, 1997... The award introduces a new formula of distribution of resources between the federal and provincial governments. It reduces to just half the 80% share of the provinces in order to enhance the share of the federal government from 20% to 60%, while...

Causes of political corruption. (Pakistan)
February 1, 1997... Dr. Ali Akbar M. Dhakan is an Executive Director, State Bank of Pakistan but all his views and suggestions are personal in the capacity of a well wisher of Pakistan. For the selection of the Prime Minister, the President and also the Senators,...

Sindh government of Liaquat Jatoi. (Chief Minister of Sindh, Pakistan)
February 1, 1997... Liaquat Ali Khan Jatoi (49) is the new Chief Minister of Sindh. He is the 24th Chief Minister of Sindh since April, 1937, when this part of the country was separated from Bombay Presidency, and made a province. He has a very chequered career. He...

Pakistan oil & gas summit '97.
February 1, 1997... The three-day summit was held at Islamabad in which over 300 top level representatives From 27 countries participated. The Summit was organised by the London-based "First Conferences"in collaboration with the Ministry of Petroleum and Natural...

Incentive package to attract investment - excerpts of speech delivered by Chairman Senate Mr. Wasim Sajjad.
February 1, 1997... A new incentives package for offshore exploration is being developed to attract exploration companies to our vast offshore prospective areas. The basic strategy of Nawaz Sharif government will remain to attract foreign private capital and exploit...

Need for coherent oil & gas policies. (Pakistan)
February 1, 1997... The Secretary Ministry of Petroleum and Natural Resources Dr. Gulzar Ahmad in his keynote address said that Pakistan is aspiring and poising for the next generation of high performing Asian economies. He said by improved management of its...

Oil and gas exploration in Pakistan.
February 1, 1997... Pakistan demand for oil is increasing at the rate of 8 per cent per annum. At present more than 16 per cent of import bill is being spent on oil import which is likely to increase to 40 per cent in 1999. Similarly, Pakistan will have to import...

Zaver Petroleum Corporation: pioneer in private sector oil and gas exploration in Pakistan.
February 1, 1997... Zaver Petroleum Corporation Limited was incorporated in August 1991 as a public limited company with the primary objective of participating in the Exploration and Development of oil and gas resources in Pakistan. This is particularly a...

Pakistan - exploration licenses. (tabular data only)
February 1, 1997... (31 December 1995) Area in Total Area Company Block Name Sq. Kms. (Sq. Kms.) BHP 2567-2 (West Phulji) 1,896.02 2667-1 (Dadu) 2,964.00 2568-2...

Cylinders Engineering Industries. (liquefied petroleum cylinders manufacturer)
February 1, 1997... Introduction To cater for the continuously increasing demand of LPG gas cylinders, Cylinders Engineering Industries (Pvt.) Ltd. came into existence as the largest manufacturer of LPG cylinders in private sector. The company specializes in...

Snags in increasing the oil refining capacity. (Pakistan)
February 1, 1997... Pakistan is hoping to increase the refining capacity to 31.0 million tonnes through an investment of $3.50 billion. The Federal Government has allowed relaxation in 10 to 40 per cent profitability limit for existing oil refineries. The action was...

Performance of refineries. (Pakistan)
February 1, 1997... Expansion of Refineries is Progressing Satisfactorily The sales of all refineries companies depicted an upward trend in 1996. The sales of Attock Refinery increased by 13.31 per cent from Rs.4527.29 million to Rs.5 129.91 million during the...

Union Texas Pakistan - its role & contribution.
February 1, 1997... The Community Welfare Program undertaken by the Company since its inception has all along given priority to the completion of projects in the health and education sectors. Union Texas Pakistan, as the operator of Badin Joint Operations, has...

Petroleum industry: - an overview. (Pakistan)(Industry Overview)
February 1, 1997... Energy is so essential to the development process, that without proper energy sources country's development will be a pipe dream. High oil prices could lead to stagnation of industry and to the economy as a whole. Any major oil price shock is a...

Cotton production below target. (Pakistan agriculture)
February 1, 1997... AGRICULTURE Outlook for crop production this year is not bright. Wheat, sugarcane and cotton are showing declining trends in production. About 1.15 million tonnes of wheat will Have to be imported. Cotton crop is no where near the level wanted...

Aazadi Na Kesar.
February 1, 1997... A Significant contribution to Brahui Novel Latest Novel in Brahui language by Dr. Naseer Aaqil; published by Yaasir Publishers, Quetta (Hard-back) PP 171 Price Rs. 60/- Brahui is one of the significant languages of Balochistan. Yet there is...