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Agriculture and Allied: Pakistan

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Except slight raise in sugar price, rates of essential food items remained stable last week as compared to the preceding week, reveals a survey conducted by Business Recorder on Saturday. The survey noted that sugar was being sold at Rs 58-60 per kg against Rs 57 per kg week past price, registering an increase of Rs 1-3 per kg.

Federal Minister for Planning, Development and Reform Ahsan Iqbal, while meeting with a delegation led by Australian High Commissioner Peter Heyward here on Friday, said the government was focusing on the clustered mapping of agriculture sector for enhancing its growth.
KP Chief Minister Pervez Khattak Friday said that besides own investment in the establishment of hydel power projects, the provincial government will also extend complete co-operation to WAPDA for establishment of big power stations, which also includes Dasu Dam in Kohistan. Talking to different delegations from Kohistan and Lakki Marwat, which called on here in CM Secretariat, he said that in next phase load shedding would be abolished and economic conditions of the people will register improvement.
On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.297 billion as compared to PKR 1.520 billion reported on Wednesday, an increase of 51 percent. The number of lots traded also increased by 19 percent to 17,437 from 14,709. PMEX Commodity Index closed at 2,523. Major business was contributed by gold amounting to PKR 1.388 billion, a 137 percent increase when compared to the previous trading day. This was followed by crude oil (PKR 718 million) and silver (PKR 191 million).
The Pakistan Agricultural Research Council (PARC) Thursday issued notification for promotion of 57 officers of various ranks to the next grade. The Departmental Promotion Committee of the council, after a thorough evaluation of performance and seniority position, promoted various officers in grade 17, 18 and 19. Among the promoted officers, as many as 17 officers have been promoted in SPS-10 / BPS-19, 15 officers in SPS-9 / BPS-18 and 25 Officers in SPS-8 / BPS-17.
On Wednesday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.520 billion and the number of lots traded was 14,709. PMEX Commodity Index closed at 2,585. Major business was contributed by crude oil amounting to PKR 874 million followed by gold (PKR 585 million) and silver (PKR 61 million).
Representatives from leading banks and potential investors from Punjab participated in a seminar on Thursday to discuss investment opportunities in feedlot fattening aimed at enhancing quality beef production in the province. The US Agency for International Development (USAID) funded Punjab Enabling Environment Project (PEEP) and the Punjab Halal Development Agency (PHDA) collaborated in hosting the seminar.

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln