Daily Archives: January 5, 2009

Higher Education Commission of Pakistan (HEC) winds up coordinating unit for lack of funds

Higher Education Commission (HEC) has closed down a wing, meant for looking after projects that were to be implemented with the help of foreign support, owing to unavailability of funds, an official in the Commission said here Sunday. The Federal Coordinating Unit, headed by Javed Masood, was established at HEC […]

2008: Pakistan economic events

January In the aftermath of Bhutto’s death Following a three-day shut-down, the benchmark index, the KSE100 index, of the Karachi Stock Exchange fell 4.7 percent. The rupee fell to its lowest level against the U.S. dollar since October 2001. The stock exchange has a history of recovering after political unrest. […]

State of the Pakistan economy: on the edge of precipice

Government’s real challenges are reducing fiscal and current account deficit and increasing tax-to-GDP ratio By M. Sharif The year 2008 has passed into history leaving behind visible scars on the national economy, and the economies of the developed and emerging world. A cursory look at macroeconomic indicators of the country […]