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General News: Pakistan


Punjab is all set to formally introduce the injectable Inactivated Polio Vaccine (IPV) in routine immunisation from Wednesday (today) in all the 36 districts. The introduction of IPV is part of the polio eradication and Endgame Strategic Plan 2013-2018 developed in consultation with stakeholders, polio-infected countries, partners and global advisory bodies.

International Islamic University, Islamabad (IIUI) and Council of Islamic Chinese Relations of China (CICRC) have penned a Memorandum of Understanding (MoU) for establishing "IIUI New Silk Road School of Technology" at IIUI. Chinese Council will provide full support for infrastructure, equipment and faculty members for the school, while Chinese faculty would impart technical training to the students of school to cater the needs of human resources for joint Pak-China projects under Pak-China Economic Corridor, said a press release on Tuesday.
ACCA recently joined hands with Concordia Colleges a project of Beaconhouse Group, which has the largest privately owned school networks in the world with operations in nine countries. A Memorandum of Understanding (MoU) was signed at the Group's head office on June 13, 2015, signifying the start of a collaborative venture which is expected to transform the learning landscape for ACCA in Pakistan.
The State Bank of Pakistan (SBP) Tuesday allowed Authorised Dealers remit of up to $5000 foreign exchange on account of medical treatment/education of resident Pakistanis, without prior approval from the central bank. The SBP through FE Circular No 08 of 2015 has invited attention of the Authorised Dealers towards Chapter XVII of the Foreign Exchange Manual which, inter alia, sets out rules for release/remittance of foreign exchange to/on behalf of individuals for various purposes.
KWSB officials have informed Karachi Commissioner on Tuesday that the metropolis may experience a shortfall of 40 million gallon water daily for a day or two due to fault developed in its diesel run pumps at Dhabeji pumping station. Karachi Commissioner Shoaib Ahmad Siddiqui chairing a meeting to review measures required to improve water distribution system was informed by KWSB officials that one of the diesel pumps was out of order since June 22 and the other developed fault on Monday night only.
WWF-Pakistan hosted its Environmental Journalists Quarterly Meeting at its head office in Lahore, which aimed to highlight the threats the common leopard faces in Pakistan, Dr Uzma Khan, Director Biodiversity, WWF-Pakistan briefed media participants about the latest research findings on the common leopard.
Provincial Minister for Labour & HR Raja Ashfaq Sarwar has said that Punjab government, in collaboration with effective and active NGOs, is adopting a mutual strategy to provide job-oriented training and interest-free loans to the youth of Punjab. He said this while talking to a delegation of Pakistan Poverty Alleviation Fund (PPAF) Qazi Azmat Eisa in a meeting, here on Tuesday.


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln