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President strongly condemns murder of PTI leader in Karachi KARACHI: President Asif Ali Zardari Saturday strongly condemned the murder of Ms Zahra Shahid Hussain Vice President of Pakistan Tehreek-e-Insaf in Karachi. The President in a message to the family expressed his heartfelt condolences over the tragic incident. The President prayed to Allah Almighty to shower his blessings on the departed soul and grant courage to the family to bear this loss with equanimity. Copyright APP (Associated Press of Pakistan), 2013


Altaf Hussain slams PTI leader's murder KARACHI: Muttahida Qaumi Movement (MQM) chief Altaf Hussain has strongly condemned the murder of Pakistan Tehrik-e-Insaf (PTI) leader Zehra Shahid Hussain. Altaf Hussain termed the PTI leader's killing a barbaric act. He offered condolences over the killing with Zehra Shahid's family and the workers of the PTI, said an MQM press release received here on Saturday night. He prayed to Allah Almighty to rest the departed soul in eternal peace and grant fortitude to the ...

Construction work of Jinnah Terminal Flyover to complete by May 30 KARACHI: The construction work of the Jinnah Terminal Flyover would be completed by May 30 and it would be opened for public. This was stated by the Administrator of the Karachi Metropolitan Corporation (KMC), Syed Hashim Raza Zaidi, on Saturday. He pointed out that the cost of the project would be to the tune of Rs 289 million. The Administrator KMC further stated that modern LED lights would be installed at the three-lane flyover whose ...

Najam Sethi stresses need for promotion of tourism LAHORE: Caretaker Chief Minister Punjab, Najam Sethi said on Saturday that through promotion of tourism, not only the economy of Punjab but the country could be strengthened. Chairing a meeting here, he said there was great potential of promotion of tourism activities in Punjab, which could be promoted through evolving an effective and solid strategy. Provincial Minister for Tourism, Salima Hashmi, Secretaries of Finance, Law, Tourism, Principal Secretary to Chief Minister, Managing Director ...

PPP gave historic sacrifices to usher democracy: Taj Haider KARACHI: General Secretary of PPP Sindh, Taj Haider has said that Pakistan Peoples Party had given historic sacrifices for bringing democracy to Pakistan. In a statement issued here on Saturday, he said "we have fought against the heaviest odds and excesses, but have never moved away from the electrical process". He urged all PPP office bearers, workers and supporters to fully participate in the polling on 43 polling stations of NA-250, PS-112 and PS-113. Boycotts ...

FBR chief directs to broaden tax net for achieving targets LAHORE: Chairman Federal Board of Revenue(FBR) Ansar Javaid on Saturday directed all tax collectors to broaden the tax net and make all out efforts to achieve the revenue targets well in time. Chairing two separate high level meetings of all tax collectors based in Punjab province reviewed thoroughly their targets and the pace of recovery of pending taxes. Chief Collector, Customs, Lutfullah Virk, Chief Commissioner, Large Tax Unit, Mustafa Ashraf, Collector, Preventive Juneid Akram, Collector, ...

Shahbaz Sharif's Quetta visit likely on Sunday QUETTA: A senior leader of Pakistan Muslim League-N and former chief minister Punjab, Mian Shahbaz Sharif may visit Quetta on Sunday to hold meetings with the leaders of allies parties. Party sources told APP here on Saturday that Mian Shahbaz Sharif would hold meetings with Pakhtunkhwa Milli Awami Party chief Mehmood Khan Achakzai, National Party president Dr. Abdul Malik and the leaders of PML-N Balochistan chapter. The matters of formation of next coalition government of ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln