Just a few days before the World Environment Day, the Punjab government has announced a scheme to grant the land reserved as forests and protected by law for agricultural purposes. With less than 5 per cent of Pakistan’s surface having forest cover, this new initiative is like a slap in the face of the environmentally conscious.Read More »Protecting the environment-Ahmad Rafay Alam
Associated Press of Pakistan
Following are the highlights of Economic Survey 2009-10 launched by Advisor to Prime Minister on Finance, Dr. Hafeez Shaikh on Friday.
— The economy grew by 4.1% during 2009-10 after a modest growth of 1.2 % in 2008-09.
— The agriculture grew by 2% against the target of 3.8 % and previous year’s growth rate of 4 %. While the crops sub-sector declined by 0.4 % over the previous year, livestock posted a healthy rise of 4.1 %.
ALI SUKHANVER
In the streets of Pakistan it is very easy to find a lot of youngsters saying, “If war is the last option, we must go for it”. The hatred and disliking for the USA in Pakistan is growing like a wild fire. Most of the people are of the opinion that it is none but the USA behind all the problems the people of Pakistan have been facing for the last many years. Increasing terrorist activities multiplied by all time growing number of drone attacks are undermining the whole social, economic and political set up of Pakistan. People of Pakistan are in such an agony that now they are ready to Do or Die instead of listening to the song Do More, Do More.
Muhammad Daheem
Pakistan is facing a major energy crisis due to huge difference between demand and supply of electricity. The country is facing a serious shortfall of 4500MW to 5500MW per day at peak hours. This shortage has paralyzed our industry, commerce and everyday life. Basically the issue is because of corrupt and unstable governments, mafia groups, mismanagement in public sector, irresponsible bureaucracy, lack of political will and negative power politics in Pakistan. It also shows failure of policies and practices of our successive governments. It seems there is no proper planning to overpower the giant of energy crisis. Proper attention has not been given to the soaring demand for energy that may be 44% over the next decade. Read More »Resolving energy crisis in Pakistan
Associated Press of Pakistan
Provisional estimates of National Income Account’s Committee suggest that Pakistan’s real gross domestic product (GDP) growth will rebound to 4.1 percent in the current fiscal year (FY10) compared with an anaemic 1.2 percent last year on the back of above-target growth of livestock, large-scale manufacturing and services sectors.Read More »State Bank of Pakistan raises 2009/10 GDP growth forecast
BY ANJUM IBRAHIM
No one in Pakistani politics has generated quite as much attention as President Asif Ali Zardari. His ‘from spouse to president’ story may not be a landmark achievement in the context of regional political history, yet he remains the most controversial.Read More »Zardari – a skilled politician or an amateur? – I
The landowning class must pay tax on the income they derive from the land. A value-added tax should be imposed on all items sold in the market, especially at the retail levels
Read More »The state of the Pakistani economy —Ishtiaq Ahmed