Transforming from conventional farming to corporate farming might bring about prosperity, provided that rules are formed and implemented strictly to benefit local communities and local farmers. Corporate farming could revitalise the agriculture sector if the hurdles and de-incentivising weaknesses in the sector are addressed. The country does not have a culture of corporate farming, and this is a
Wheat is the main staple for 250 million Pakistanis, which is eaten at least twice a day. All governments have been striving to ensure the availability of wheat since the 1950s and have relied on the minimum support price and the procurement plan for maintaining strategic reserves through the purchase of domestic and imported wheat. Except for a few years, the country has witnessed wheat flour
Many economists love quoting the declining or rising figures of the Foreign Direct Investment (FDI) coming to Pakistan. Not only do our governments boast about increasing FDI, but the commentators also appreciate it as an important gain. The SBP regularly updates the figures. Their fascination with FDI appears, if not like a panacea, certainly as a major breakthrough in achieving a faster growth r
Notwithstanding Pakistan’s commitment to aggressively implement the new International Monetary Fund (IMF) programme, doubts persist among eminent analysts about whether Finance Minister Muhammad Aurangzeb will be able to fulfil his pledges. Among other factors, fears are grounded in historical records of missed targets, instability triggered by current political polarisation, and the fact that
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