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Pakistan is committed to the International Monetary Fund (IMF) that it would take mitigating measures including tariff adjustments, and, if required, suitable amendments to the National Electric Power Regulatory Authority (NEPRA) Act in case of a 'potential adverse outcome' from a court verdict on energy surcharges.

The International Monetary Fund (IMF) put up three new structural benchmarks with respect to taxation, energy and public debt management.
Ministry of Water and Power on Thursday grilled the top brass of K-Electric on the current electricity crisis in Karachi due to which the federal government faced criticism from the provincial government and political parties, well informed sources told Business Recorder.
The Karachi equities peaked to fresh record high of 35,186.56 points Thursday on the back of what market observers said strong institutional interest in certain blue chips. The KSE-100 index gained 343 points from Wednesday's 34,843.61 with trading turnover closing higher at 406 million shares against previous 376 million.
The Karachi equities peaked to fresh record high of 35,186.56 points Thursday on the back of what market observers said strong institutional interest in certain blue chips. The KSE-100 index gained 343 points from Wednesday''s 34,843.61 with trading turnover closing higher at 406 million shares against previous 376 million.
Senate Standing Committee on Finance refused to approve the Credit Information Bureau (CIB) bill designed to hand over to the private sector after members of the committee remained unconvinced by assurances of Secretary Finance and Governor State Bank of Pakistan that it would not be used for political victimisation.
Sindh Revenue Board (SRB) once again achieved another highest-ever collection of Rs49.37 billion up to June-2015 (Financial Year 2014-15), by exceeding its annual target of Rs49 billion. This represents an increase of Rs7.37 billion as compared to Rs42 billion target for the year 2013-14.
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Index Closing Chg%
Arrow DJIA 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,630.47 0.33
Arrow DAX 11,099.35 0.73
Arrow CAC-40 4,835.56 0.98
Arrow Nikkei 20,522.50 0.95
Arrow H.Seng 26,282.32 0.12
Arrow Sensex 27,945.80 0.27





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln