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Agriculture and Allied: Pakistan


World Wide Fund for Nature-Pakistan (WWF-P) through its Green Skills Project held a ceremony to distribute farmers' toolkits and veterinary toolkits among less privileged farming families. The ceremony was held at Government Degree College for Boys, Rajanpur, where approximately 600 toolkits were distributed among people, disclosed a WWF-P's spokesperson here on Friday.

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 4.084 billion and the number of lots traded was 19,954. PMEX Commodity Index closed at 2,605. Major business was contributed by crude oil amounting to PKR 2.848 billion followed by gold (PKR 1.204 billion) and silver (PKR 32 million).
Unlike deep-sea fishing trawlers, the short-trip fishermen still struggle to capitalise on the fuel oil price drastic cuts to augment their winter haul in the windy weather. "In winter windy season the size of fish catch declines almost by 50 percent which makes fishermen toil in going long deeper into sea. However, fuel oil price cuts will help us to increase fishing trawling," fishermen said.
Banks disbursed some Rs 167.6 billion on account of agricultural credit during the first five months (July-November) of the current fiscal year (FY15). The disbursed amount is some 33.5 percent of the overall annual target of Rs 500 billion and 42.7 percent higher than the disbursement of Rs 117.4 billion made during the corresponding period last year.
Global production of all major wood products continued to show steady growth in 2013 for the fourth consecutive year, according to new data published and released by FAO on Wednesday. "The production of industrial round wood, sawn wood, wood pellets and wood-based panels has fully recovered from the economic downturn in 2008-2009. Global production of pulp and paper stagnated in 2012-13 largely due to a decline in consumption in China, where electronic publishing is increasingly being used instead of traditional printing processes," the report added.
The Sindh High Court (SHC) directed on Thursday Sindh government to hold fresh meeting of all relevant parties, including sugar mills associations, Sindh Chamber of Agriculture and Sindh Abadgar Board to fix sugar price. A division bench headed by Chief Justice Maqbool Baqar was hearing a petition filed by the sugar mill owners, who questioned the notification issued by the Sindh government, fixing sugarcane price at Rs 182 per 40 kilogram.
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 4.516 billion as compared to PKR 3.201 billion reported on Tuesday, an increase of 41 percent. The number of lots traded also increased by 9 percent to 23,680 from 21,798. PMEX Commodity Index closed at 2,608. Major business was contributed by crude oil amounting to PKR 3.329 billion, a 50 percent increase when compared to the previous trading day. This was followed by gold (PKR 1.137 billion) and silver (PKR 50 million).


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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 $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln