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General News: Pakistan


Air strikes carried out by Pakistani forces have killed at least 31 people in the country's volatile north-west, officials said, as an offensive against the Pakistani Taliban continues on several fronts. Warplanes bombarded the Shawal Valley on Wednesday, killing at least 15 suspected militants, intelligence officials told Reuters. Four militant hideouts were destroyed, according to the officials, who spoke on condition of anonymity because they were not authorised to speak to the media.

Pakistan has eliminated "almost all" militants from China's Uighur ethnic minority on its territory, the country's president said Wednesday, as China conducts a crackdown within its own borders. President Mamnoon Hussain told his Chinese counterpart Xi Jinping that recent anti-terror operations struck against members of the East Turkistan Islamic Movement (ETIM).
Prime Minister's Advisor on National Security and Foreign Affa-irs Sartaj Aziz has stated that Pakistan opted not to participate in conditional talks to foil the Indian "game plan", well-informed sources told Business Recorder. "If Pakistan had accepted the condition, India could have deferred discussion on other issues indefinitely by claiming that terrorism was still coming from across the border. To persist with this 'game plan' they could have even faked terror incidents," the sources quoted Sartaj Aziz as briefing the federal cabinet on August 28, 2015.
The US ambassador to Pakistan Richard Olson Wednesday called on Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan at his Bani Gala residence and discussed the peace talks between Afghan government and Taliban with him. According to media office of the PTI, the ongoing negotiation with the Taliban was also discussed in the meeting which lasted for an hour at Bani Gala.
Pakistan on Wednesday condemned the latest US drone attack in North Waziristan agency, terming these strikes against the country's territorial sovereignty and internal laws. "Pakistan condemns such strikes which are in disregard of our territorial sovereignty and international law. These strikes also generate distrust among the local populace. We reiterate our call for cessation of such strikes", said Foreign Office spokesperson Qazi Khalilullah.
ImagePrime Minister Nawaz Sharif on Wednesday said the hearts of Pakistanis beat in unison with the Kashmiris and warned the incidents of firing along the Line of Control were a threat to international peace. "Our patience should not be taken as our weakness ... desire for peace is our strength," the Prime Minister told a gathering after inaugurating a string of development projects in Azad Jammu and Kashmir.
At the ongoing global parliamentary summit at United Nations Headquarters in New York, Pakistan on Tuesday underscored the need for a settlement of the decades-old, UN-recognised Kashmir dispute to pave the way for peace and development in South Asia. "The Kashmiri people have waited for too long for their just and inalienable right to self-determination," Acting Speaker National Assembly, Murtaza Javed Abbasi, told the Inter-Parliamentary Union (IPU) Fourth World Conference of Speakers of Parliament.


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Banking Review 2014

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