The
IT industry of Pakistan registered a sharp relative increase last
year. The otherwise welcomed growth, however, offers causes for
concern as the share of the software indicates a decrease in the
overall IT outlay. PAGE highlights the challenges that it poses
and the strengths of the domestic software industry to better address
the situation.
HUBCO
Hubco,
country's largest power producing project in the private sector may
start direct supply to KESC by the end of the year 2001.
S. Khurshid Husain, the Chief Executive of Hubco Power Company,
disclosed that at present two technical teams comprising
representatives of the government of Pakistan, WAPDA, Hubco and KESC
are studying various aspects of, both the technical and financial, to
accomplish the task.
TEXTILE
In order
to market their products, trade delegations of textile machinery
producing countries like France, Switzerland, Germany, Japan and India
are frequently visiting Pakistan to have a share in Rs333 billion MBR
plan.
APTMA has suggested to the textile machinery producers to offer
innovate scheme with financing package to attract the end users.
PPE-BUDGET
SEMINAR
Preparation
of budget for year 2000-2001 is not an easy task. Though, the country
has been meeting most of the targets agreed with the IMF, a
near-drought like situation is expected to affect production of
various food and cash crops and ultimately GDP growth rate. At the
same time increasing CBR-related revenues remains a big question.
