Economic Review articles from June 1996

Economic Review archives from June 1996

Story of a house at Surrey. (Pakistani Prime Minister Benazir Bhutto's reported purchase of a house in England)
June 1, 1996... The story published on June 9 by one of the most widely circulated London newspaper, "Sunday Express", that our Prime Minister, Benazir Bhutto, and her spouse Asif Ali Zardari have bought a big manor in Surrey at a distance of 70 miles, south of...

Federal budget for 1996-97 - a critical appraisal. (Pakistan)
June 1, 1996... The National Assembly on June 26 passed the budget for 1996-97 after approving a number of amendments to the original taxation scheme. The amendments included, inter alia, tax exemption of perquisites of private sector employees earning less than...

Economic health and the budget. (Pakistan's 1996-97 federal budget)
June 1, 1996... The overall economic health during 1995-96 as portrayed in the economic survey 1995-96 improved significantly after three consecutive years of dismal performance when the growth rate was well below the average of over 6 per cent. The economy...

Budget 1996-97 - a recipe for disaster. (Pakistan's 1996-97 federal budget)(Cover Story)
June 1, 1996... * The budget has no relation whatsoever with the ground realities in Pakistan * The defence expenditure is more than twice what it was at the beginning of 1990's. * The country is being turned into a massive wasteland ripe enough for...

Taxation proposals. (proposed reforms of Pakistan's tax system)(Transcript)
June 1, 1996... * The system must be outward oriented, with reduced duties on foreign, trade, to promote exports and improve industrial efficiency. * Simplification of the tax system is needed by removal of exemptions. The tax base needs broadening. The tax...

Budget and its implications. (Pakistan's 1996-97 federal budget)
June 1, 1996... Budget 1996-97 and its implications were discussed at Tehrik-e-Tamee-e-Nau-Pakistan a non political forum. Noted economists took part in discussion. There was consensus among the participants that government expenditure can be drastically...

How budget affects industrial sector. (Pakistan's 1996-97 federal budget)
June 1, 1996... * The budget does not offer any incentive to the 'crisis ridden' textile industry (the spinners). However, it offers reduction of duty on specialized textile machinery for the value-added sector. * The tyre makers resented over the new tax...

Budget 1996-97: chasing an illusive macro-economic stability. (Pakistan's federal budget)
June 1, 1996... FPCCI says that the budget for 199697 is not acceptable. In absence of social acceptability, high taxes encourage evasion. Heavy taxation drives white money into the open arms of the informal economy. These are strong indications that those...

PTA says leather industry to have negative effects. (Pakistan Tanners' Association's apprehension over 1996-97 federal budget)
June 1, 1996... Pakistan Tanners' Association (PTA) has apprehended that some of the budgetary measures taken in the federal Budget 1996-97 are likely to have direct negative effects on performance of the highly export oriented leather sector. Khawaja Muhammad...

RCCI urged to review budget in larger interest. (Rawalpindi Chamber of Commerce and Industry; Pakistan's 1996-97 federal budget)
June 1, 1996... "Federal Budget 1996-97 has disappointed everybody. It is unbalanced and destructive for national trade and industry. It is an off-shoot of the international conspiracy aimed at converting Pakistan's economy into consumers market for the greater...

Hoechst Pakistan Limited.(Company Profile)
June 1, 1996... Hoechst Pakistan Limited is a Pak-German joint venture company which has stretched its activities in three manufacturing fields - Agricultural, Pharmaceutical and Chemical. It was incorporated in Pakistan on December 8, 1967 as a private limited...

Ushr, social welfare and development - a critical appraisal in Pakistan. (part 2)
June 1, 1996... Levy of Ushr - A Critical Assessment in Pakistan As noted earlier, ushr was introduced in 1982-83 through the zakat and ushr ordinance 1980. Since then ushr has replaced the land revenue for Sunni Muslims. The projected potential of ushr at the...

Security is number one problem for our business. (interview with Pakistani foreign exchange dealer Hanif S. Kalia)(Interview)
June 1, 1996... Economic Review: "What prompted you to go into the money changing business, as the field had remained banned for so long? Hanif S. Kalia: For the desired economic progress, market economy system has now become a universal reality. In this...

World survey of paper and paper board. (1990)
June 1, 1996... Under developing countries per capita consumption, of paper and paper board was 163 KG recorded highest in Taiwan Province and lowest aa 1 KG in Vietnam. The second highest per capita consumption was 102 KG in Republic of Korea and second lowest...

World wheat output to rise in 1996-97.
June 1, 1996... The world will produce 560 million tons of wheat during 1996-97, representing a "modest wheat production recovery", that is about 4.5 per cent over 1995-96, according to an estimate of the London-based International Grains Council (IGC)....