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Pakistan says peaceful resolution to Iranian nuclear program possible UNITED NATIONS: Pakistan's Permanent Representative to the UN, Ambassador Masood Khan has told Security Council that a peaceful resolution of Iran nuclear program was still possible on the basis of reciprocal confidence-building measures as well as the necessary steps to ensure Iran's right to peaceful uses of nuclear energy.   He said the likely confrontation over Iran's nuclear program had not yet diminished and any exacerbation would further destabilize Iran's immediate neighbourhood, therefore, Pakistan did not want any escalation of tensions in an already volatile region.   Ambassador Masood told the 15-member body that while Iran was to fulfil its legal obligations under the NPT and IAEA Statute, its rights under these instruments should also be respected.   "We urge Iran to extend full cooperation to the IAEA for resolution of all outstanding issues," he said.   "As a party to the NPT, Iran is obligated to fulfil its responsibilities that the treaty entails. Similarly, Iran as a ...

Pakistan urges protection of right to life in Darfur UNITED NATIONS: Expressing serious concern over violations of international human rights and humanitarian law in the Darfur, Pakistan has said it is the obligation of all states to guarantee and protect right to life of all citizens.   Pakistan's Permanent Representative Ambassador Masood Khan also observed it is the primary responsibility of the Government of Sudan as well, to take all necessary measures to investigate human rights violations in Darfur and bring perpetrators to justice.   Ambassador Khan was ...

Chances of light rain in Karachi  KARACHI: The Met Office has forecast partly cloudy weather with chances of light rain in the city over the next 24 hours.   According to Met office's weather report issued on Thursday the minimum temperature is expected to remain in the range of 14 to 16 degrees centigrade.   The Met Office said light rain may also occur in Karachi, Mirpurkhas and along Makran coast while dry weather is expected elsewhere in the region.   The weather forecast added that rain/thunderstorm ...

Quetta QUETTA: The mountains surrounding valley of Quetta received snowfall at night between Wednesday and Thursday after heavy rain lashed the city all night.   The rain started lashing Quetta and adjoining areas on Wednesday after 11am and later, at night, it again started and continued lashing till morning.   The mountains surrounding Quetta valley including Koh Chiltan, Koh Zarghoon, Koh Takato and Koh Murdar received snowfall.   Due to the heavy showers, mercury dropped in the provincial capital and weather turned ...

PPP worked to serve interests of country, province  KARACHI: Sindh Minister for Education and literacy, Pir Mazhar-ul-Haq said on Thursday the Pakistan People's Party (PPP) always worked to serve the interests of the country and province.   He pointed out that during the tenure of the PPP development projects worth billions of rupees were executed.   Pir Mazhar said that the PPP never compromised on the interests of the people of Sindh and that the masses are well aware of this.   He said that the people know well ...

Info minister launches 2nd phase of Riwyati Hunermand Rozgar scheme  PESHAWAR: Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussain here Thursday formally launched the second phase of " Riwyati Hunermand Rozgar Scheme" and announced to increase its ambit to further eight districts of the province.   Talking to media men in a press briefing, Mian Iftikhar said that sphere of the scheme would be extended to eight districts including Swat, Lower Dir, Chitral, DI Khan, Mardan, Swabi, Abbottabad and Haripur besides facilitating traditional artisans of Peshawar, Swabi ...

Pakistan ISLAMABAD: The total liquid foreign reserves held by the country stood at $ 13,374.5 million on December 7, 2012.   According to the break up of forex position issued by the State Bank of Pakistan (SBP) on Thursday said that Foreign reserves held by the State Bank of Pakistan were at $ 8,514.1 million while Net foreign reserves held by banks (other than SBP) stood at $ 4,860.4 as on December 7,2012.   The total liquid foreign reserves stood ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln