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Agriculture and Allied: Pakistan

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On Monday at Pakistan Mercantile Exchange (PMEX) value traded was recorded at PKR 4.520 billion. The number of lots traded was 17,207 and PMEX Commodity Index closed at 2,955. Major business was contributed by crude oil amounting to PKR 3.466 billion, followed by gold amounting to PKR 1.018 billion and silver at PKR 36 million.

The Lahore Division Sarafa and Jewellers Association (LDSJA) and its more than 50 allied associations during a meeting held here on Monday with President LDSJA Haji Muhammad Afzal in the chair have expressed concern over the imposition of general sales tax on jewellers and urged the government to withdraw this GST immediately.
Chief Executive Officer Pakistan Steel, Major General Zaheer Ahmed Khan (Retd) met with the consumers of Pakistan Steel at Operations Building, Bin Qasim, Karachi. The Chief Executive Officer briefed the consumers regarding the recent financial restructuring package of Rs 18.5 billion given to Pakistan Steel Mills by the government for the revival of this national asset. "We have achieved 22 percent of CAPU (Capacity Utilisation) until 20th September 2014 and next month we will touch 45 to 50 percent of capacity utilisation, he added. We have delivered in the past and we will continue to deliver. All the necessary up-gradation automation, capital repair and maintenance are being done.
Chief Executive Officer Pakistan Steel, Major General Zaheer Ahmed Khan (Retd), Hilal-e-Imtiaz (Military), met with the consumers of Pakistan Steel at Operations Building, Bin Qasim Karachi. The Chief Executive Officer briefed the consumers regarding the recent financial restructuring package of Rs 18.5 billion given to Pakistan Steel Mills by the Government of Pakistan for the revival of this national asset.
In compliance with the court orders, the Capital Development Authority (CDA) has taken over the management of sacrificial animals markets and revoked the license of the market given to a private contractor. A single-member bench of Islamabad High Court (IHC) comprising Justice Athar Minallah heard the petition filed by Khizar Hayat and others who are in business of sacrificial animals in the capital.
Only 50,000 sacrificial animals have, so far, been sold at the Aisa's biggest cattle market set up at Sohrab Goth, thereby indicating buyers' weak purchasing power. Sources at the cattle market are, however, optimistic that buying of sacrificial animals will gain momentum as Eid-ul-Azha was now only six days away.
Federal Secretary Ministry of Ports and Shipping Babar Yaqoob told National Assembly Standing Committee on Ports and Shipping that foreigners are illegally fishing in the sea of Pakistan and a big local mafia is involved in the illicit business. While briefing on the function and performance of Marine Fishers Department (MFD), Karachi, the Secretary Port and Shipping said.

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln