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Govt to strictly implement reward & punishment policy: Mushahid Ullah ISLAMABAD: Central Secretary Information of Pakistan Muslim League-N Mushahid Ullah Khan Monday said that the government would strictly implement the reward and punishment policy for eradicating terrorism and putting the country on the path of progress."We had become an ally of international powers in war against terror but could not devise a sustainable and effective policy to get rid of the menace," Mushahid Ullah said in a statement here.He said Prime Minister Muhammad Nawaz Sharif was not only in favour of strict action against terrorists but wanted to remove the causes of terrorism.The spokesman said the government was planning to provide all necessary facilities, including infrastructure, health and education to the people of tribal areas and Federally Administerd Tribal Areas.Copyright APP (Associated Press of Pakistan), 2014

Reply sought from govt on plea for details of death-row convicts LAHORE: The Lahore High Court on Monday sought a detailed reply by January 12 from the federal and provincial governments on an application seeking details of prisoners including foreigners on death-row in jails.Justice Mehmood Maqbool Bajwa passed the orders on an application filed by Judicial Activism Panel (JAP), a public interest litigation firm, in a pending petition against moratorium on implementation of death penalty.Earlier, the petitioner's counsel Muhammad Azhar Siddique arguing before the court submitted ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Monday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work on December 23.According to an IESCO spokesman, the power supply of following feeders/grid stations would remain suspended as under:On 23 December From 9 am to 2 pm, Sadiqabad, Faizabad, New Gulzar-e-Quaid, Sir Syed Road, F.Foundation Hospital feeders,From 8 am to 12 noon, Sanghoi, Nathwala, Safdar S, Kala ...

PM congratulates Finance Minister for increase in forex reserves ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan's foreign exchange reserves that have exceeded US 15 billion dollars.The Finance Minister in a detailed briefing to the Prime Minister said out of these US $10 billion were with the State Bank of Pakistan while the rest were with the Commercial Banks.The Finance Minister also informed him of the new economic targets and measures, aimed at further ...

Pak foreign reserves exceed $ 15 billion ISLAMABAD: Pakistan's foreign currency reserves have exceeded $15 billion, said Finance Minister Mohammad Ishaq Dar.Briefing the Prime Minister here on Monday, Dar said that out of these $10 billion were with State Bank and rest with Commercial Banks.Dar informed the Prime Minister about the economic measures taken by the government which led to the increase of the reserves to $ 15 billion.Prime Minister Nawaz Sharif on the occasion appreciated the economic polices initiated by the ...

SBP injects Rs 79.5bn into market KARACHI: The State Bank of Pakistan on Monday injected Rs 79.5 billion into the market for four days during its open market operation.The bids offered for this injection amounted Rs 83.5 billion. The rate of return is 9.28 per cent, said SBP statement.Copyright APP (Associated Press of Pakistan), 2014

FESCO issues shutdown programme FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for necessary repair, maintenance and expansion of electricity lines.According to the programme issued by the company here on Monday, power supply from Darya Khan, Khansar, Mebal, Dullay Wala and Chipboard feeders emanating from 66-KV Rakh Dagran grid station, Lahore Road and Jageera feeders originating from 132-KV Jaranwala grid station, Shadmaan feeder emanating rom 132-KV OTP grid station, Kot Ahmad Yar, Iqbal Rice and Sakhi ...


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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 $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln