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PTI and JI forms committee for LG election ABBOTTABAD: Jamaat-e-Islami (JI) and Pakistan Tehrik-e-Insaf (PTI) on Saturday formed a committee for the selection of suitable candidates for forthcoming local government elections in Abbottabad.According to the details, committee comprising KPK information minister Mushataq Ahmed Ghani, Ali Ashgar Khan and Sardar Sher Bahadur from PTI and Abdul Razzaq Abbassi, Saeed Abbassi and Mahboob Elahi from JI to decide the contestants in district Abbottabad.The committee will also make a joint strategy for the selection of candidates those have roots in the masses for the success in LG elections.Copyright APP (Associated Press of Pakistan), 2015

Rs6832mn released to FATA under development portfolio ISLAMABAD: The Federal government has so far released Rs6832 million to Federally Administered Tribal Areas (FATA) under development portfolio during the current financial year.The total development portfolio is Rs17.08 billion, reflected in Public Sector Development Programme (PSDP) (local component) for 2014-15.Sources at Ministry of States and Frontier Regions told this scribe these funds have further been released to sector/sub- sectors of FATA Annual Development Programme (ADP) 2014-15.The sources said with this investment, the living condition ...

US says Pakistan making sincere effort for Afghan peace WASHINGTON: Pakistan is making a "sincere effort" towards Afghan peace and it wants to make the best use of the "new environment" by aiding a negotiated political settlement to the conflict in the neighboring country, US Special Representative Dan Feldman said."I do think that there is a sincere effort being made by Pakistan at this point to take advantage of this new environment and a recognition that long-term stability on their border is in their ...

Sindh govt to launch fourth phase of R O plants installation in desert areas KARACHI: Sindh Government will launch the fourth phase of Reverse Osmosis (R.O) Plants installation under Drinking Water Hub (DWH) project in the desert areas of Thar, Badin and Mirpurkhas districts in addition to providing 18 R.O plants in District West and 10 in each remaining district of Karachi.This was decided at a meeting chaired by Sindh Chief Minister Syed Qaim Ali Shah here Friday, to review the implementation on DWH project.The Chief Minister directed the ...

Another rainy spell from March 28 MULTAN: Another rainy spell has been forecast for South Punjab while heavy rains are predicted in northern areas and upper Punjab on March 28 which will continue till March 29.According to Met Office sources, the rainy spell is expected across the region due to presence of a western wave in the country.Light rain has also been predicted in first week of April while weather would remain fair and temperature will increase from the second week ...

ISE-10 Index witnesses bearish trend ISLAMABAD: Islamabad Stock Exchange witnessed bearish trend here on Friday as the ISE-10 index was down by 95.22 points and closed at 3525.98 points.A total of 5,700 shares were traded, which were down by 5,000 shares when compared with previous day's trading of 700 shares.Out of 151 companies, share prices of 33 companies recorded increase while share prices of 118 companies registered decrease whereas no company remained stable in today's trading.Muree Brewery remained the top ...

Muslim Ummah to defend Saudi Arabia unitedly: Ashrafi LAHORE: Pakistan Ulema Council central chairman Hafiz Muhammad Tahir Mehmood Ashrafi has said that the Muslim Ummah will unitedly defend Harmain Shareefain and Saudi Arabia in case of any threat.Addressing Juma congregation at Jamia Masjid Khulafa e Rashidin, Johor Town here Friday, he urged the government to ensure an all-out cooperation for solidarity and stability of Saudi Arabia.He said that Houthi rebellions had made hostage of legal government of Yemen, adding that Pakistan should not ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln