Feb 07 - Feb 13, 2005 
ISSUE # 06 

Over the last five years financial sector has emerged stronger. This can be attributed to structural reforms. It not will be justified to ignore the role being played by the central bank. The benefits of efficient financial system have also started trickling to masses in the shape of low interest rates, larger credit disbursement, consumer and housing finance. However, there is no room for complacency, a lot more remains to be done.



The mega event of Expo-2005 which was attended by the trade delegates from 77 countries was in fact a glimpse of the economic growth achieved by Pakistan during recent years. Hopefully, the exhibition aimed at promotion exports from Pakistan is expected to help in introduction of Made-in-Pakistan label here as well as in the world market.

The recent increase in oil prices by the Oil Companies Advisory Committee (OCAC) has sent jolting shock waves to all segments of the society reflected in the sharp reaction by the provincial assemblies of the federating units of the country, which have demanded of the government to recall the upward decision.