The
policy makers have set a target of 15 per cent export growth rate for
the current financial year which seems to be ambitious in view of the
output during past 5 years. As a result of good economic decision the
sector performed well last year showing an 8.4 per cent growth rate
against the target of 10.9 per cent during the year 2000. The
projected 15 per cent export growth is certainly ambitious and in
sharp contrast to actual outcomes in the last five years, but the
attention given by the policy makers to boost traditional exports and
encourage non-traditional exports should make a difference.
WATER
SHORTAGE
The
Indus River System Authority (IRSA) has warned the provinces and the farmers
that for the rabi crop, only twenty five million acre feet of water would be
available as against actual requirements of thirty five million acre feet.
Describing the present water shortage as being worst in the history, IRSA has
not come out with any other solution or plan of action except rationing of
available water.
NCR IT
AWARD
Thirteen
prominent personalities belonging to different fields of information technology (IT)
were conferred NCR IT excellence award 2000 for rendering outstanding
services in their fields at a colourful and well organised function at the
convention centre Islamabad. The programme was attended by leading dignitaries
and prominent personalities from the government, media and the corporate sector.
