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President Mamnoon Hussain will pay a four-day official visit to China from September 1-4, Foreign Office said. The visit is being undertaken at the invitation of the President of the People's Republic of China Xi Jinping. During the visit, according to Foreign Office spokesperson Qazi Khalilullah, the President will attend the Military parade being held in Beijing in respect of World War II. The President will also hold bilateral meetings with the Chinese President and other dignitaries.

Speakers of Parliament from around the world begin a four-day conference at UN Headquarters in New York later on Monday to examine ways to effectively tackle global challenges to peace and democracy. About 180 parliamentary leaders, including more than 35 Deputy Speakers, from nearly 140 countries, including Pakistan, are taking part in the Fourth World Conference of Speakers of Parliament (August 31-September 2).
German Foreign Minister Dr Frank Walter Steinmeier Monday acknowledged Pakistan's gains in the ongoing military operation against all groups of terrorists, including the Haqqani network, and urged Islamabad to continue working closely with Kabul and international community. The visiting German Foreign Minister was speaking at a news conference that he addressed along with Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz after bilateral talks.
Commodore Akbar Naqi SI (M) has posted as 18th Commandant Pakistan Marine Academy. He is bestowed upon Chief of the Naval Staff Letter of Commendation. He has served as Naval Commander West (Balochistan Coast), Station Commander (Navy) Lahore and various ships and establishments. Commodore Akbar Naqi SI (M) has done his MSc (War Studies) and different professional courses from National Defence University (Canada), Armed Forces War Course (NDU Pak), International Defence Management Course (USA) and Pakistan Navy War College.
Minister for Information, Broadcasting and Heritage Pervaiz Rashid on Monday said that both Prime Minister Nawaz Sharif and the late Benazir Bhutto buried the politics of 1990s long ago. Speaking at a press conference, in response to a hard-hitting statement by former president Asif Ali Zardari, he said the words 'vendetta politics' do not feature in the dictionary of Nawaz Sharif.
Senate Standing Committee on Rules of Procedure and Privileges Monday accepted apology from Ministry of Petroleum and Natural Resources on its absence from the Upper House during debate on gas load shedding issue. The body that met under the chairmanship of Senator Jehanzeb Jamaldini, urged the officials of ministry to respect the Parliament. The matter of breach of privilege was referred to the committee due to absence of senior officers of the ministry in the official gallery of the House on August 03 during debate on gas load shedding in the country.
Federal Minister Abdul Qadir Baloch met Sindh Chief Minister Qaim Ali Shah on Monday and conveyed to him a special message of Prime Minister Nawaz Sharif. According to sources, the chief minister expressed reservations over FIA raids in Sindh leading to the arrests of some senior PPP leaders, including Dr Asim Hussain. Baloch told the chief minister that he would apprise the prime minister about the reservations of the Sindh government.
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln