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Agriculture and Allied: Pakistan


River Indus is in low flood at Tarbela, Jinnah Barrage and Chashma Barrage, River Kabul is in low flood at Nowshera and River Chenab is in low flood at Marala, near Sialkot, Flood Warning Centre said here on Monday. It said that 2,80,000 cusecs water was flowing in River Indus at Tarbela, 2,45,000 cusecs at Jinnah barrage and 2,49,000 cusecs of water at Chashma barrage. The Chashma barrage has been filled to its maximum storage capacity of 0.245 MAF water.

The Juniper Forest of Ziarat in Balochistan, which is believed to be the second largest of its kind in the world, has been declared as Biosphere Reserve. The International Co-ordinating Council of Man and Biosphere (ICCMAB) Programme of United Nations Educational, Scientific and Cultural Organisation (Unesco), which announced the title for Juniper Forest of Ziarat had earlier in 1977, declared Lal Suhanra in Cholistan desert of southern Punjab province as Biosphere Reserve. Thus, the development is considered historic in many ways.
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.449 billion as compared to PKR 2.436 billion registered on Thursday, up 82.67 percent. Number of lots traded increased to 21,683 from 12,889 and PMEX Commodity Index closed at 3,056. Major business was contributed by crude oil amounting to PKR 2.82 billion- up 124 percent, followed by gold amounting to PKR 1.485 billion - up 62 percent and silver at PKR 144 million.
The country's annual pulses import slid by 6 percent to $307.764 million because of a better crop, importers said on Monday. Pulses import posted a fall of $19.061 million in the outgoing fiscal year 2013-14 as compared to the commodity's export of $326.825 million in the corresponding fiscal year 2012-13, Pakistan Bureau of Statistics (PBS) said.
Agriculture experts advise growers to get soil and water analysed from laboratory before mango nursery sowing while soil having pH value ranging from 5.5 to 7.5 is considered suitable for the purpose. Farmers must have knowledge of the combination of minerals, food and pH value of the soil to take appropriate decisions for nursery growth, says a release issued by the media liaison unit of the Punjab agriculture department on Monday.
Poultry dealers and butchers have started squeezing the people by charging with high rates as prices of poultry products, meat, fruits and other Eid specific items registered a substantial rise with increasing demand of these commodities in local markets ahead of major religious festival Eid-ul-Fitr.
The country has lost Rs 80 billion in last five years due to illicit trade in cigarettes and is expected to lose another Rs 100 billion in the next five years. According to Euro monitor International, a global research agency, Pakistan, the penalties for the sale of smuggled cigarettes included confiscation of such cigarettes, fine up to Rs 50,000, recovery equal to 500 percent of unpaid taxes and the imprisonment up to five years.


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln