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Agriculture and Allied: Pakistan


Punjab Agriculture Minster Dr Farrukh Javed has assured the provincial assembly that his department will attempt to improve the conditions of farmers in Punjab. His comments came following the general discussions on Monday on food, including grievances of sugarcane growers, and agriculture in the Punjab Assembly. While admitting that all the hard work done by his departments was hardly benefiting the farmers, he apologised but then assured legislators that he would put in more efforts for their welfare and uplift.

Pakistan Muslim League-Nawaz leader Mohammad Pervez Malik, who is also Chairman of the Committee for Horse & Cattle Show 2015, in a speech to businessmen on Monday, announced that this year's show would be looking for fresh avenues for investment. In his speech, he also elaborated on the importance of the agriculture, livestock and dairy sectors in the economic development. "Our future is linked with the livestock sector, and we have to take practical steps to improve this sector."
A delegation of all stakeholders of the fertilizer manufacturing sector met Federal Minister for Finance Senator Ishaq Dar at the Finance Division on Monday. Lieutenant General (Retd) Naeem Khalid Lodhi, CEO/MD, Fauji Fertilisers who headed the group briefed the Finance Minister about the problems faced by the fertilizer manufacturers in the country. The Minister raised the matter regarding GIDC with members of the visiting delegation who assured to resolve the issue on priority basis.
On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.793 billion. The number of lots traded was 12,839 and PMEX Commodity Index closed at 2,556. Major business was contributed by crude oil amounting to PKR 1.073 billion. This was followed by gold (PKR 684 million) and silver (PKR 36 million).
Pakistan Tobacco Board (PTB) has requested the Ministry of Finance to carry out detailed revenue impact on sales tax/federal excise duty collection from cigarette industry in 2014-15 after introduction of pictorial health warnings size up to 85 percent of the cigarette packs.
Steering Committee of People Network on Food and Agriculture (PNFA) formed "Working Committee on sustainable agriculture policy for Sindh" during the meeting arranged by Society for Environmental Actions, Reconstruction and Humanitarian (SEARCH) at SEARCH Office, Hyderabad in collaboration with Action Aid Pakistan.
The Indus River System Authority (IRSA) has reduced water outflow off the Tarbela Dam on the mighty Indus River from 45,000 to 20,000 cusecs for irrigation and hydel power generation purposes as widespread rains in the upcountry and nearly 30,000 running water in its tributary the River Kabul at Nowshera was found sufficient to meet water needs of provinces for irrigating Rabi crops, including wheat, oil seeds, grams, winter vegetables, fodder etc.


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln