Economic Review articles from July 1995

Economic Review archives from July 1995

Government-MQM talks a non-starter.
July 1, 1995... In response to MQM's 18 points demand the government presented 21 points charter. The government agenda has been described as charge sheet against MQM by the principal negotiator of MQM team, Ajmal Dehlavi. While reacting to 21 point official...

The problems and prospects of economy during 1994-95. (Pakistan)
July 1, 1995... The economic health as portrayed in a memorandum prepared for the Aid-to-Pakistan Consortium for aid package of 2.297 billion dollars for 1995-96, shows below expectation performance of the economy during the current year (1995). On...

An overview of federal budget 1995-96. (Pakistan)
July 1, 1995... The Federal Budget 1995-96 has a total outlay of Rs. 431 billion which is 14.5 per cent higher than the revised estimates of Rs. 376 billion for the year 1994-95. The resource availability during 1995-96 has been estimated at Rs. 388 billion as...

Can Pakistan become an Asian "tiger?."
July 1, 1995... This is a story of mouse aspiring to become a tiger. Concise Oxford dictionary defines tiger as "a large Asian flesh-eating feline, hairing a yellow-brown coat with black stripes"; also "a fierce, energetic or formidable person". A mouse is...

Appraisal of industrial policy. (Pakistan)
July 1, 1995... Industrial policies have been announced by the government from time to time, the first being in 1948, having the objective of accelerating the pace of industrial investment in order to promote manufacturing sector as a vehicle of economic growth,...

Incentives for industries. (Pakistan)
July 1, 1995... Special incentives have been given to the pioneer industries which will be exempted from custom duties for 10 years and exemption on sales tax and central excise for eight years. The capital structure for the units will also be very easy. The...

Rural industrialization - imperative for solving employment problem. (Pakistan)
July 1, 1995... The core of the cause of poverty as conceived by the leading economists is the absence of assets among a considerable large number of people. The fact is that the present system of land distribution has to be brought at moderate level with well...

Sufficient potential to set-up agro/agro waste industry in Sindh. (Pakistan)
July 1, 1995... This analysis leads to the conclusion that the availability of rice and wheat straw in Sindh and its major districts is sufficient to set up a paper, paper board, straw board, chipboard, hard board etc. manufacturing plant. However, the...

Port Qasim sets stage for investments. (Pakistani port)
July 1, 1995... The serene clean waters, island and extensive mangrove areas at Port Qasim are an open invitation to the venture capital to develop world class recreation and tourist industry, for which the government has also accorded a generous package of...

WAPDA's privatization is receiving top priority. (interview with Shams-ul Mulk)(Energy)(Interview)
July 1, 1995... Most of the needed increase in the generation capacity is scheduled to come from the private sector plants for which Letters of Support (LoS) have been issued by the Private Power and Infrastructure Board (PPIB) of the Ministry of Water and...

Pakistan's new petroleum policy 1994 - an immense promise.(Energy)
July 1, 1995... INTRODUCTION The importance of the hydrocarbon sector of Pakistan's economy continues to be highlighted by the growing demand for petroleum products and declining domestic crude oil production. Import of crude oil and its products continues to...

Operation of gas turbines in heavy fuel oils.(Energy)
July 1, 1995... The continuing development of the gas turbine has resulted in its increased use for power generation throughout the world, especially in high efficiency combined cycle stations. Today there are gas turbines available which are capable of burning...

Fertilizer industry - review and outlook. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Pakistan's is an agro-based economy. The agricultural sector accounts for 25 per cent GDP, contributes in one way or another to more than 60 per cent of export earnings and employs 50 per cent of the work force. With the population growing at a...

Sugar industry. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... At the present rate of growth in the sugar industry by way of addition new sugar mills seems to be very fast as about 12 sugar mills would come into operation in 1996-97. There would thus be a production surplus during 1997-98 through 1998-99....

Textile industry. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Textile Industry is the premier industry of Pakistan. Being the largest single industry it accounts for approximately 17 per cent of total value added by manufacture and absorbs 33 per cent of industrial labour force. Its contribution to foreign...

Pakistan steel.(Industry)(Industry Overview)
July 1, 1995... The Steel Mill produces coke, pig iron, billets, hot rolled coils/sheets, cold rolled, coils/sheets, formed section like channels, angles, galvanized sheets etc. The production capacity of Pakistan Steel is 1.1 million tonnes of raw steel per...

Cement industry. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... With the commissioning of eight new plants and expansion in the eight-existing units, the production of the cement is expected to grow to 14 million tonnes by 1997-98, indicating an increase of 5 million tonnes from the present production level....

Tobacco & cigarettes. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... There are 26 cigarette manufacturing units in-operation in the country with an installed capacity of 50 million cigarettes per annum. Actual production of cigarettes increased from 32.279 billion in 1989-90 to 35.895 billion nos. in 1993-94. ...

Automobile production - prospects and problems. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Despite traffic congestion in a few major cities, Pakistan is still a grossly under-motorised country. Pakistan is the fourth least motorised country in the world with 156 persons per vehicle. In Pakistan, less than 8 per cent of the people are...

Motorcycles: no more a cheap mode of transport. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... As far as the common man's pocket is concerned, foreign investment in this sector will definitely bring relief because of attractive prices ranging from Rs. 20,000 to Rs. 35,000 in categories of 50cc to 70cc. But the question which remains...

Pharmaceutical industry review and outlook. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... There are approximately 232 licensed units in the country overseeing the manufacture and marketing of 15,188 drugs. Despite the fact that just 31 MNCs account for 70 per cent of the local market and manufacture/import only 832 of the drugs...

Ice cream. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Ice cream is a frozen product made from a combination of milk products and eggs, sugar dextrose corn syrup etc. It was once considered a sophisticated item of food is now becoming increasingly popular among the people. There are small, medium and...

Margarine. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Margarine is an economic product resembling butter in appearance consists of vegetable and or animal fats not derived from milk, margarine has become a very important food in many countries, because of lesser price than that of butter. The demand...

Milk. (Pakistan)(Industry)(Industry Overview)
July 1, 1995... Milk is an important item of human diet. It is not only highly nutritious but is also considered to be a complete food. It provides 60% of protein and 36% of energy in addition to vitamins and minerals. Accordingly it is the staple food of...

Scope for establishing of palm oil refineries in Pakistan.(Industry)(Industry Overview)
July 1, 1995... Pakistan every year is spending huge amounts of money on the import of palm oil for the manufacture of vanaspati ghee for use in the country: Pakistan spent Rs. 31 billion foreign exchange on import of edible oils in 1994, this was stated by...

ICI Pakistan Limited - on a growth plan.(Industry)(Industry Overview)
July 1, 1995... ICI Pakistan Limited and its predecessors have been operating in the country for almost a hundred years. Its first factory for the manufacture of Soda Ash was set up in Khewra over fifty years ago. In 1957 it was converted into a public company,...

The symbol of hope in Burma. (Burmese opposition leader Aung San Suu Kyi)
July 1, 1995... Burma's opposition leader Aung San Suu Kyi was freed unexpectedly and unconditionally on July 10, 1995. It is strange that only on July 7, 1995, Burma's most powerful general Lieutenant General Khin Nyunt had announced that there was not any...

Sluggish trend continues. (Pakistani stock market)
July 1, 1995... There was short term revival in the stock market when General Index of share prices moved upward to 190.62 on June 15. Then came a steep fall and the index stood at 186.85 on June 19. The aggregate market capitalization stood at Rs. 293.326...