Economic Review articles from July 2004

Economic Review archives from July 2004

State Bank's third quarterly report for 2003-04.
July 1, 2004... The underlaying message of State Bank's third quarterly report released on 29th June 2004 is quite clear. While overall performance of the economy is robust, there are significant areas of concern that still need to be addressed. Real GDP...

The Trade Policy for 2004-05.
July 1, 2004... The Trade Policy for 2004-05 the Commerce Minister, Humayun Akhtar Khan, unveiled on the national TV and radio network on Thursday, with export and import targets seemingly somewhat ambitious at $13.7 billion and $16.7 billion respectively,...

Significance of sugar industry in national economy.(Industry Overview)
July 1, 2004... Significance of sugar industry in national economy Sugarcane constitutes as one among 13 major crops being cultivated in Pakistan. It is third largest in terms of area under the different crops. It is one of the major cash crops. Likewise,...

Global Scenario of Textiles and position of Pakistan.
July 1, 2004... The present Global Scenario of Textile Industry with particular reference to the position of Pakistan in the International Textile Market is given here for the interest of our readers. The demand for textiles in the world is around $18...

Economic development in South Asia and impact of globalization.
July 1, 2004... I would like to address three questions pertaining to the topic assigned to me this morning. The first question is: How hae the South Asian economies fared in the last decade and what are their propects for the future. The second question is:...

Difficult year ahead for cotton industry.
July 1, 2004... Nearly all sectors of our economy have welcomed the 2004-05 budget presented by the Finance Minister, Shaukat Aziz. It is evident that having concentrated on bringing fiscal discipline to the economy, the minister is now ready to use the room...

Tighter rules for investment classification in banks.
July 1, 2004... The guidelines issued by the State Bank on classification of investments by the banks oblige them to categorize their portfolios in accordance with a prescribed scheme and show losses booked on their investments in a transparent manner in their...

Credit Plan 2004-05.
July 1, 2004... The Credit Plan unveiled by the State Bank of Pakistan at the beginning of every fiscal year, would look like a dull affair to an ordinary person, but actually is significant for its impact on the behavior of major economic variables like...

Food safety: global perspective.
July 1, 2004... The availability of safe food improves the health of people and is a basic human right. Safe food contributes to health and productivity and provides an effective platform for development and poverty alleviation; people are becoming...

Trend in textile engineering industry of Pakistan.
July 1, 2004... Importance of textile Industry According to the "ECONOMIST" intelligence report of August 2003 for Pakistan the following observations have been made: Despite Government efforts to diversify exports and widen the industrial base, the...

Pakistan to face 5,000mw power shortage by 2006.
July 1, 2004... Member National Assembly and Chairman of AN standing committee on water and power Saleem Jan Mazari said that Pakistan is going to face 5000 mw power shortage by 2006 due to the widening gap between demand and supply. Speaking at a meeting...

Manufacturers have no plans to cut car prices.
July 1, 2004... The automobile industry has no plans to cut prices of local vehicles in the foreseeable future but it wants the government to maintain in the next budget existing duty differential between CBU and CKD kits and a clear future policy to protect...

Car import duties rationalised.
July 1, 2004... The Central Board of Revenue (CBR) revised its Customs General Order (CGO) No. 6, which had brought it under criticism for its allegedly partisan attitude towards selected brands of car manufacturers. It issued the amendment broadly...

Switzerland is the largest producer of textile machinery.
July 1, 2004... Switzerland is today the largest producer of textile machinery in the world and the competitiors themselves consider its outstanding quality and innovative potential. With an estimated global market share of 33%, the Swiss play a leading role...

Problem for cotton growers.(prices of cotton in the international market)
July 1, 2004... The cotton ginners are reported to have turned panicky in the 1 face of sharp declines in the prices of cotton in the international market specially in the US. The prices quoted in the New York market recently hit the low at 46 cents per pound...

Safety culture for shipping industry.
July 1, 2004... The flag of convenience (FOC) system is offered by some 29 maritime flags namely Antigua and Barbuda, Bahamas, Barbados, Belize, Burma (Myanmar), Combodia, Cayman Islands, Comoros, Cyprus, Equatorial Guinea, Germany (Second Register). ...