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KPK govt allocates Rs1bn for Muree Road widening ABBOTTABAD: Khyber Pakhtonkhawa (KPK) Government has allocated Rs. one billion for widening of Muree road from Abbottabad to Harnoi.This was stated by Khyber Pakhtunkhawa minister of Food Qalandar Khan Lodhi on Monday during a media talk.He said that provincial government has approved two bypasses for abbottabad and two interchanges from Hazara motorway to Abbottabad city and Qalandar Abad.Similarly he said that during the last Annual Development Programs of KPK 22 kilometer Khatana Gali Gramri road worth Rs. 220 million is under construction, work on Tanawal Girls Degree College worth Rs.520 million is also in progress and it would be completed during next fiscal year.Several schemes of irrigation water supply with the cost of Rs. 80 million have also been completed during the current fiscal year, he added.Qalandar Khan Lodhi said that for the next fiscal year of 2015-16 along with other developmental projects and schemes he has submitted a proposal ...

SNGPL to ensure transparency through computerized new gas connections ISLAMABAD: General Manager Sui Northern Gas Pipeline Limited (SNGPL) Islamabad Region Ejaz Ahmad Chaudhry on Monday said that new gas connections would be provided through computerized system to facilitate the consumer as well as ensure transparency.Talking to APP, he said that the new gas connections would only be provided on first come and first serve basis.He said that merit is the top priority as the whole procedure is computerized and all new connections are provided ...

Taking steps to overcome energy crisis: SEPCO SUKKUR: Sukkur Electric Power Company (SEPCO) is taking all possible steps to overcome the energy crisis, however, the crisis can be overcome with the cooperation of consumers only, said spokesman for SEPCO here on Monday.He said that the general public is requested to save the energy by means of less consumption especially during the peak hours, from 6.00 P.M. to 11.00 P.M. While petrol pumps and jewellery shops have also been asked for avoiding the ...

PMLN to achieve thumping majority in KP LB elections: Sabir Shah SWABI: Former Chief Minister and president Pakistan Muslim League Nawaz (PML-N), Khyber Pakhtunkhwa, Pir Sabir Shah has said that his party would form governments at district and tehsil levels after achieving thumping majority in upcoming local bodies election in the province on the basis of its performance.He was addressing a grand meeting at Adina here wherein district president PMLN, Haji Iftikhar Khan, GS Haji Dildar Khan also spoke. Pir Sabir Shah said people of Swabi ...

Religious ministry asks intending pilgrims to hire only registered HGOs services ISLAMABAD: The Ministry of Religious Affairs and Interfaith Harmony has asked the intending Hajj pilgrims to hire the services of only registered Hajj Group Organisers (HGOs) for performing the sacred religious ceremony under private hajj scheme.An official of the ministry told APP that the unregistered Hajj Organisers and sub agents are not authorised to collect the applications under private hajj scheme. The ministry has already launched action against such persons. He said before finalizing any ...

Youth empowerment to strengthen economy: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Sunday that 60 percent population of Pakistan comprises youth and their empowerment can result in strengthening of national economy and changing the destiny of the nation. Talking to Assembly Members of various districts here, he said that PML-N's provincial government took steps of historic nature for development and empowerment of youth. A target has been fixed to create more than four million jobs under Development Strategy ...

Seven criminals held by Rangers KARACHI: Pakistan Rangers (Sindh) has arrested seven alleged criminals including a target killer during separate raids at University road and in Lyari areas of the city.A Rangers spokesman said here on Sunday that SMGs and other weapons were also seized during the raids.Copyright APP (Associated Press of Pakistan), 2015


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln