Economic Review articles from June 1995

Economic Review archives from June 1995

UN conference on NPT. (Nonproliferation Treaty)
June 1, 1995... The only way to bring the five atomic powers to terms was decidedly the renewal and revision of NPT after a fixed period. But the five big powers and their stooges came out victor when votes were counted. There was a big margin between the votes...

US trade embargo and Iran.
June 1, 1995... Despite the winding up of most of the US factories and offices, and despite the difficulty in running those non-American industries, which use US equipments, we find that Japan, Russia, Britain, Germany, France and 13 other members of European...

KCCI's post-budget memorandum 1995-96. (Karachi Chamber of Commerce and Industry)
June 1, 1995... The Managing Committee of KCCI, in its post-budget memorandum, has appreciated the fact that some of its pre-budget proposals, like retention of Fixed Tax, expansion of the self-assessment scheme, reduction in Corporate Tax, upward revision in...

KSE criticises tax on bonus shares. (Karachi Stock Exchange)
June 1, 1995... "Disappointed by the introduction of a 10 per cent tax on bonus shares", Karachi Stock Exchange has said that it would retard capitalisation and expansion in the industrial units and have a negative impact on the market's sentiments. This is...

PML criticises budget. (Pakistan Muslim League)
June 1, 1995... At a joint press conference after budget session, Chaudhry Nisar Ali, Shahid Khakan Abbasi, Raja Nadir Pervaiz and Chaudhry Jaffer Iqbal did an exhaustive job of dissecting the fiscal document. Firing the first salvo of criticism, Chaudhry...

An analysis of federal budgetary policy. (Pakistan)
June 1, 1995... Controversy is going on for decades on ideal budgetary policy in Pakistan. Various Taxation Commissions appointment by the then governments in Pakistan have been addressing themselves with this issue but failed to produce the desired results of...

Murder of a child worker. (Iqbal Masih)
June 1, 1995... It was not the tragic case of a Christian boy, killed by a heartless murderer. It is the exploitation of poor children by rich industrial tycoons. Why our Government connives at the employment of child workers, who are hired for a very meagre...

The motorway debacle. (Pakistan)
June 1, 1995... There was a time when the government of the day in Pakistan, drank and slept the national motorway. Those were the halcyon days of the Nawaz Sharif era. Then Benazir Bhutto returned to power and changed a lot of things her predecessor, rightly or...

Economic survey 1994-95: state of the economy. (Pakistan)
June 1, 1995... The performance of the economy has broadly improved during the year 1994-95. Many structural and macro economic reforms have been successfully implemented. The transition the economy was passing through was a difficult and painful phase, and yet...

Budget 1995-96 an assessment. (Pakistan)
June 1, 1995... Federal Budget 1995-96 The federal budget for 1995-96, with a total outlay of Rs.434 billion, had a smooth sailing in the National Assembly. The Opposition chose to stay out. With the adoption of Finance Bill, giving effect to the financial...

Taxation proposals for 1995-96. (Pakistan)
June 1, 1995... * The withholding tax regime, as a method of tax collection, has assumed great significance in recent years. It has provided facility to taxpayers of not getting into contact with the tax collectors. But certain sources of income are still going...

Budget 1995-96 - designed for large revenue collection to meet more government spending. (Pakistan)
June 1, 1995... Budget 1995-96 on the whole has been designed for large revenue collection to meet more Government spending rather than for economic development. The national economy is getting into shamble very fast. We seem helpless to overcome our large...

Tariff: a bailout to uncompetitive industries. (Pakistan)
June 1, 1995... Under the three year structural adjustment programme the government has agreed to reduce import duties from 92 per cent to 35 per cent in three years. The tariff reforms are being implemented in three phases beginning 1994-95 and ending 1996-97....

Cotton - a welcome decision. (revival of hedge trading in cotton in Pakistan)
June 1, 1995... Cotton occupies a central place in the economy of Pakistan. From export point of view also its role is no less significant as it is not only a major item of our exports in raw form but also in the form of yarn, textiles and other finished...

French election - 1995.
June 1, 1995... Monsieur Jacques Chirac, President of the conservative Gaullist Party and Mayor of Paris, defeated his rival Monsieur Lionel Juspin, the nominee of the ruling Socialist Party in a presidential election held on May 7, 95 Chirac getting 52.7% votes...

Lever Brothers Pakistan Limited - satisfactory expansion of capacity.
June 1, 1995... Lever Brothers Pakistan now consists of a large manufacturing complex, producing diversified product range and is one of the biggest consumer goods companies operating in Pakistan. Its total range comprises of 29 consumer products (4 House...

Impact of budget on the stock market. (Pakistan)
June 1, 1995... The downward trend in the stock market continued unabated. The highest point of State Bank General Index was at 190.83 on May 6, and the lowest at 183.54 on June 1. The aggregate market capitalization stood at Rs. 296.989 billion showing a...

Cement companies on KSE - 1994. (Karachi Stock Exchange Ltd.)
June 1, 1995... There are 17 companies on the list of KSE in the Cement sector. It will be seen that almost all the companies showed an increase in their Break-up Values as compared to previous year, except Cherat Cement. The Break-up Value of Cherat Cement...

Multilateral Development Banks: An Assessment of Their Financial Structures, Policies and Practices.
June 1, 1995... The book has nicely been presented in paper back with weighty white paper, and it has been published by: FONDAD (Forum on Debt and Development). The Hague (Netherland)The book 'Multilateral Development Banks' has been written by Mr. Percy S....