06-13-2024, 06:00 PM
Bqqv Worldwide demonstration Occupy Wall Street-inspired protests spread across Asia
It has been a long time coming but it seems the State Bank of Pakistan (SBP) is seeing, at least, some success as a result of the fiscal tightening it introduced in 2011. The SBP had been unable to control the government s runaway borrowing from the banking sector on the one hand, and on the other, it had been una yeezy ble to convince commercial banks to lend to the private sector.Banks traditionally have been content to live off the return on government treasuries and on their spreads. The SBP, left with no choice, started on a steady programme of reducing returns on government treasuries and finally resorted to the killing blow 鈥?se adidas campus damen tting an upper limit on banking spreads.The impact seems to already be visible. New loans to the manufacturing sector topped Rs136 billion during the first eight months of the fiscal year en yeezy 350 ding June 30, 2013, up 61 per cent compared with the same period in the previous year. This is a blip, since the trend over the past four years has been stagnant at best, but LAHORE:Every administrative step must be taken to bring stability in the prices of essential items including flour and sugar, said Punjab Chief Minister Sardar Usman Buzdar.He said stern legal action should be initiated against those involved in hiking the chucks plateau prices of essential commodities on their own.Buzdar directed that indiscriminate action should be launched against the profiteers and hoarders.He emphasised that instead of making mere paperwork, practical action should be undertaken and a report must be submitted to the CM rsquo;s office.He directed that administrative offic newbalance 550 ers and price control magistrates should visit the field to monitor the newbalance 550 prices and ensure the selling of essential edibles according to the rate list issued by the government.Usman Buzdar urges legislators to monitor relief measuresThe CM vowed that he would not let the people remain at the mercy of artificial price-hikers.He maintained that cases should be registered against the hoarders according to the law and
It has been a long time coming but it seems the State Bank of Pakistan (SBP) is seeing, at least, some success as a result of the fiscal tightening it introduced in 2011. The SBP had been unable to control the government s runaway borrowing from the banking sector on the one hand, and on the other, it had been una yeezy ble to convince commercial banks to lend to the private sector.Banks traditionally have been content to live off the return on government treasuries and on their spreads. The SBP, left with no choice, started on a steady programme of reducing returns on government treasuries and finally resorted to the killing blow 鈥?se adidas campus damen tting an upper limit on banking spreads.The impact seems to already be visible. New loans to the manufacturing sector topped Rs136 billion during the first eight months of the fiscal year en yeezy 350 ding June 30, 2013, up 61 per cent compared with the same period in the previous year. This is a blip, since the trend over the past four years has been stagnant at best, but LAHORE:Every administrative step must be taken to bring stability in the prices of essential items including flour and sugar, said Punjab Chief Minister Sardar Usman Buzdar.He said stern legal action should be initiated against those involved in hiking the chucks plateau prices of essential commodities on their own.Buzdar directed that indiscriminate action should be launched against the profiteers and hoarders.He emphasised that instead of making mere paperwork, practical action should be undertaken and a report must be submitted to the CM rsquo;s office.He directed that administrative offic newbalance 550 ers and price control magistrates should visit the field to monitor the newbalance 550 prices and ensure the selling of essential edibles according to the rate list issued by the government.Usman Buzdar urges legislators to monitor relief measuresThe CM vowed that he would not let the people remain at the mercy of artificial price-hikers.He maintained that cases should be registered against the hoarders according to the law and