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Small manufacturers start making candles, generators, UPS etc |
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Nafees Tahir |
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LAHORE: The unending loadshedding was giving rise to a new form of cottage industry which was producing scores of goods to counter the power outages. Loadshedding, though, has adversely affected the big industries, yet it helped small industry to grow. |
Feb 292008
KARACHI, Feb 28: Fatima Bhutto, daughter of Mir Murtaza Bhutto, does not think the “new parliament can bring any hope of good governance to people” and believes the coalition of Nawaz Sharif and Asif Ali Zardari is destined to be very short.
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* O-level students urge govt to improve education system, introduce new disciplines
* Students slam extremism
LAHORE: The British Council on Thursday held an award distribution ceremony to celebrate Pakistani students who scored achieved the best results in the Cambridge International Examinations (CIE) 2007.
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IN spite of the claims by the Musharraf regime that they had launched Pakistan’s economy on to a new trajectory of high growth, it has now begun to slow down. There are mounting pressures on the balance of payments, high inflation and severe shortages of energy and water. Continue reading »
The grossly exaggerated threat of nuclear terrorism together with the hype created against Pakistan’s nuclear assets, and labelling it a potential threat to the international security, is a singular achievement of the “terrorism industry” that mainly comprises, the US politicians as lead players alongside bureaucrats and the US media. Continue reading »
Opposition parties, particularly PPP and PMLN, alleged after the last general elections held on October 10, 2002 that the elections had been stolen in favour of PML-Q on the orders of President Pervez Musharraf. Continue reading »
| Jonathan Power |
| The first law of holes is when you are in one stop digging. If the NATO nations are honest they have as much idea about what to do next in Afghanistan as the Soviet generals did in 1988 — the year in which the relatively new secretary-general of the Soviet Communist Party, Mikhail Gorbachev, decided that the Red Army should cut its horrific losses and pull out and leave the Afghans to fight each other. The Afghan tribes have an uninterrupted record of success in resisting the foreign invader — Genghis Khan, the Persians, the British in Winston Churchill’s day as a subaltern, the Soviets and now NATO. Time, they know, is on their side. Continue reading » |
THE phrase ‘institution building’ has begun to enter economic discourse in Pakistan. Its entry into the debate is timely since Pakistan over the last several decades has destroyed much of the rich institutional base the country inherited at the time of independence.
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by Rakhshanda Khan Rakhshy
The growing economy of Pakistan has gone through a very big setback during the last few months and its stability and robustness is being threatened due to the events in the recent past. Also these events have left a lingering sensation/impression in and outside the country, which is creating a feeling of uncertainty and instability about our country, which has been causing concern in the minds of all Pakistanis as well as many friendly countries abroad. Obviously the threats to our economy have grown and serious action needs to be taken to ensure that our economic progress continues unhindered and the damage due to the present brief interlude is limited to the minimum. Continue reading »
ISLAMABAD, Feb 24: Fatima Bhutto, daughter of assassinated chairperson of PPP (Shaheed Bhutto) Murtaza Bhutto, has said that she has no intention to take part in active politics.
Talking to a private TV channel on Sunday, Ms Bhutto, who is also a poet and writer, said: “Every responsible Pakistani citizen has to have a stake in political process of the country, by writing, advocating, campaigning and by raising of voice.” Continue reading »
The priority given to different urban development projects strikes me as odd. Given the extensive road development work seen in Lahore during the tenure of the previous provincial government, it would appear that inner-city mobility was considered key to the city’s future. Continue reading »
By Aftab Ahmad Khan
Pakistan’s economy despite commendable growth in GDP during the period FY2003- FY 2007 at an average annual rate of 7.0 per cent per annum and an expected reasonably well performance in this behalf in the range of 6.6-70 per cent in FY08 is confronted with the heightened threat of macro-economic complications if prompt steps are not taken to correct the imbalances reflected in a significant savings-investment gap, worrying fiscal indicators, large external current account deficits and disturbing inflationary pressures. Continue reading »
Feb 232008
By Mehmood-Ul-Hassan Khan
The government is seriously considering of lowering GDP of 6.5 or 7 per cent and has approved to raise prices of petroleum products which will be gradually increase. The increase in utility bills is also in offing. The government has also reviewed the budget targets for the current fiscal year 2007-08. Continue reading »
There is a consensus among economists that the gradual change in the interest rate does not trigger much larger effects on the health of the economy in the short run. The global economic perspectives now give the impression that policy makers are willing to cut interest rates even at the cost of higher inflationary pressures in the economy
By Syed Kanwar Abbas Continue reading »
The role of intelligence agencies, particularly the Inter Services Intelligence (ISI), in national politics is not hidden from anybody. Pro-military writers often claim that it was a civilian prime minister namely Zulfiqar Ali Bhutto who first allowed the creation of a political cell in the ISI that ultimately led the agency to get involved in national politics in all important matters from buying the loyalties of politicians to influencing the results of the elections. Continue reading »
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