Daily Archives

January 24, 2015

The illusions of economic development

January 24, 2015 - Dr Zafar Altaf - BR Report - The secret of the mastermind is found wholly in the use of imagination. And how true! We are now back to Balochistan where the PM has announced another package for the province that constitutes in area terms 47% of Pakistan. What are its requirements? Many and totally different from what has been stated in the two-day conference. The previous two packages for Balochistan provided by the two fact-finding missions of the National Assembly also…

Rebate on wheat: PFMA hails government’s decision

January 24, 2015 - BR Report - Pakistan Flour Mills Association (PFMA) has welcomed the decision of the Pakistan government of giving rebate on 1.2 million tons of wheat and wheat products for ensuring export of the commodity. PFMA Central Chairman Asim Raza Ahmad in a statement issued here on Friday welcomed the decision of the government and said it would help in consuming the extra wheat. He said that decision of the government to extend a subsidy of US 55 dollars per ton on wheat…

Export of surplus wheat: Rs six billion subsidy approved by ECC

January 24, 2015 - Zaheer Abbasi - The Economic Co-ordination Committee (ECC) of the Cabinet has approved a subsidy of Rs 6 billion for the export of 1.2 million tons of surplus wheat available with Punjab and Sindh governments. A participant of the meeting, who requested anonymity, said that Ministry of Food Security and Research had proposed the export of 3 million tons but the ECC meeting chaired by Finance Minister Ishaq Dar decided to allow export of 1.2 million tons. He further…

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