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Surely when the rule of law disappears, the only resort is the whims of the leaders. Amongst others, an issue that warrants attention is the crumbling rule of law situation in the country. Where corruption, lawlessness and nonexistence of accountability are rife, notion of one law for all seems to dissipate silently in the background.
Data from the Pakistan Bureau of Statistics shows that food inflation in Pakistan has been dropping down, particularly for fresh produce. But a statement on CNN by Rabia Song, a housewife residing in Islamabad, says, "I don even think about buying fruit; poor people just can afford it."
It is less than a month to bid farewell to the chaotic 2012 and enter 2013, which is expected to be relatively calmer for the oil market, also a chief driver of the world economy.
IMF’s latest Public Information Notice on the post 2008 stand-by agreement with Pakistan should ring alarm bells for policymakers in Islamabad. It reiterates what followers of the economy already know, but comes with a caveat that the Fund’s not too pleased with how things have fared so far.
Businesses are an integral part of the communities they operate in. They affect (and are affected by) the communities around them. While the debate is moving forward vis-à-vis CSR and the triple-bottom-line phenomenon; policy researchers are now looking at the private sector’s role in preventing and mitigating conflicts in their communities.
Just when analysts thought the CPI numbers have levelled off and a further decline may only be small, the coming month comes up with inflation numbers lower than the market consensus.
After a 32-year stretch on the local bourses, Unilever Overseas Holding, the London based parent company of Unilever Pakistan, has announced a share buy-back programme that will delist the consumer goods giant from all three stock exchanges in the country.

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln