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MQM making practical efforts for rights of masses: Altaf KARACHI: Muttahida Qaumi Movement (MQM), chief Altaf Hussain Friday said that the party was making practical efforts for the rights of masses, uprooting the feudal system and cleansing the political culture of various ills.He payed tribute to the Rabita Committee, elected representatives and office-bearers and workers for making sincere efforts for establishing a just system in Pakistan."I commended them for making genuine efforts to eliminate the discrimination in every department of life," he added.He was talking to the Rabita Committee of his party in London and Pakistan, said a MQM statement issued here on Friday.Altaf said that PPP government was able to complete its five years constituional tenure with the unshakable support extended by the MQM. The democratic process in the country would have suffered if the MQM had withdrawn its support, he added.He said that empowering the people belonging to poor and middle classes was the mainstay of the ...

Metro Bus critics could not prove allegations: CM LAHORE: Chief Minister Punjab Muhammad Shahbaz Sharif has said critics of the Metro Bus System could not produce even single documentary regarding their allegation of corruption in the project.He termed Ahad Khan Cheema, Director General Lahore Development Authority, the hero of Metro Bus Project and pointed out that Transparency International also awarded the LDA DG the highest medal that this project worth Rs.30 billion had been executed in a transparent manner.He expressed these views while ...

Kaira says Pakistan contributes for international peace ISLAMABAD: Minister for Information and Broadcasting Qamar Zaman Kaira Friday said that Pakistan has rendered too many sacrifices for international peace.Talking to a private television channel, he said that President Asif Ali Zardari is fully committed to go for regional integration and enhance cooperation with Economic Countries Organization (ECO) for economic stability in the region.He said that idea regarding the project was conceived by Shaheed Benazir Bhutto and now President Asif Ali Zardari practically ...

Funds released to Rescue 1122 LAHORE: The Finance department Punjab has released necessary funds to Rescue-1122 for the provision of fuel.According to official sources here Friday, Punjab Chief Minister Muhammad Shahbaz Sharif took notice of the shortage of fuel for the vechicles of Rescue 1122 and ordered the authorities concerned to take immediate steps for the provision of fuel.On the instructions of Chief Minister, necessary funds have been released to Rescue 1122.<Center><b><i>Copyright APP (Associated Press of Pakistan), 2013</b></i></center>

Int ISLAMABAD: Special Assistant to the Prime Minister on Water Resources Kamal Majidullah on Friday dispelled the impression created by a section of media that the verdict of International Arbitration Court was in favour of India or against Pakistan.Talking to newsmen here at the Foreign Office, Kamal Majidullah said that the verdict on Kishanganga dispute was in favour of Pakistan as it would help check violations of the Indus Basin Waters Treaty by India and ensure ...

National Bank of Pakistan gets award ISLAMABAD: The National Bank of Pakistan (NBP) received Middle East Renewable Deal of the Year 2012" award from Project Finance Magazine, a publication of Euromoney PLC, for its role in Pakistan's first ever 100 percent Islamic Finance Renewable Power Projects Foundation Wind Energy 1 and 2.Upon completion, the projects will contribute 100MW of electricity to Pakistan's power grid, a statement of NBP issued on Friday said.The NBP added that the transactions are valued at approximately ...

Governor Sindh appoints Dr. Afzal as Vice-Chancellor of NED KARACHI: Sindh Governor, Dr. Ishrat- ul- Ebad Khan, has appointed Dr. Afzal as the Vice-Chancellor of the NED University of Engineering and Technology Karachi for a four-year term.An announcement to this effect was made by an official of the Governor House here on Friday.The appointment, it was pointed out, has been made in the light of the recommendation of the Search Committee that was constituted for the purpose.Earlier, Engr. Abul Kalam who had served the ...


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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 $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln