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General News: Pakistan


"Terrorism in India is Pakistan-sponsored," Home Minister Rajnath Singh alleged at the Hindustan Times Leadership Summit in Delhi on Saturday. Singh hit out at Pakistan over allegedly harbouring Dawood Ibrahim. "Dawood Ibrahim is in Pakistan. We have asked the government there to hand him over. But they are evading it," he alleged.

Pakistan has called for creation of an independent Palestinian State for permanent and viable resolution of conflict in the Middle East. This was stated by the Senate Chairman Syed Nayyer Hussain Bokhari while addressing annual Inter-Parliamentary Union on the sidelines of the UN General Assembly in New York. He called upon world parliamentarians to raise voice for inalienable right of the Palestinian people for an independent state.
The 18th South Asian Association for Regional Co-operation (Saarc) Summit kicked off here on Saturday with a meeting of the Programming Committee. Country delegations have already arrived in Kathmandu to take part in the preceding meetings of the Saarc Summit.
Chief of Army Staff (COAS) General Raheel Sharif visited US Military National Training Centre (NTC) at Fort Irvin, California on Saturday. According to ISPR, the Army Chief reviewed the professional training of troops and use of advanced equipment of warfare. General Raheel Sharif also met senior military officials and trainers. The Army Chief on his visit lauded the facilities provided to the soldiers and the training system of the US Army.
Afghan officials on Saturday closed the border with Pakistan in Khyber tribal region. According to a private news channel, the closure of border caused long queues of vehicles on Pak-Afghan border crossing impeding the cross border movement of the people and goods. According to sources, Afghan officials objected over construction of a complex on the Pakistani side of the border and closed the border crossing.
Public gathering of Pakistan Tehreek-e-Insaf (PTI) scheduled for November 30 in Islamabad has possibly delayed the review of ministers' performance and a shuffle in the federal cabinet. An official of Cabinet Division told Business Recorder on Saturday that the cabinet shuffle is now likely by the end of December while the review exercise of ministers' performance would resume after November 30.
Interior Minister Chaudhry Nisar Ali Khan Saturday categorically rejected presence of Islamic State (IS) in Pakistan, saying that elements talking about presence of such an organisation aimed at maligning the government. "Some militant organisations are using the name of IS and resorting to wall chalking, but, so far, there is no evidence of such an organisation in the country", said Nisar Ali Khan while talking to media persons here on Saturday.


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln