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Ministry making efforts to vacate accommodation from unauthorized occupants: NA told ISLAMABAD: Parliamentary Secretary for Housing and Works, Syed Sajid Mehdi informed the National Assembly that the ministry was making all out efforts to vacate government's residential accommodations from unauthorized occupants.Replying to a calling attention notice moved by Aasiya Naz Tanoli, the Parliamentary Secretary said stay orders by the courts are major hurdles in this regard.He said the government accommodations are being allotted strictlyon the basis of seniority list.The secretary said that the government has vacated around 52 houses from the illegal occupants last year and efforts are underway to vacate more accommodations. Copyright APP (Associated Press of Pakistan), 2014


Liquid FX reserves increased by $12million: SBP KARACHI :SBP's liquid FX reserves, during the week ending November 21, 2014, increased by $12 million to $8,506 million compared to $8,494 million in the previous week.The total liquid foreign reserves held by the country stood at $13,219.9 million on November 21, a press release of State Bank of Pakistan (SBP) said here on Tuesday.The break-up of the foreign reserves position is as under: i) Foreign reserves held by the SBP: $ 8,506.4 million ii) ...

PBS ready to conduct 6th Census: NA told ISLAMABAD: Parliamentary Secretary for Finance, Revenue, Economic Affairs, Statistics and Privatization Rana Muhammad Afzal Khan Thursday informed the National Assembly that Pakistan Bureau of Statistics had completed arrangements to conduct the 6th Population and Housing Census.During Question Hour, Rana Afzal Khan said the matter is under consideration by Council of Common Interests (CCI) and the government will announce the census date in consultation with the provinces.He said census was a priority of the government, which ...

LSE downs by 6.80 points LAHORE: Lahore Stock Exchange here Thursday witnessed bearish trend by losing 6.80 points, as the LSE Index-25 opened with 5312.85 points and closed at 5306.05 points. The market's overall situation, however, corresponded to an upward trend as it remained at 1.363 million shares to close against previous turnover of 1.334 million shares, showing an upward move of 29,000 shares. While, out of the total 96 active scrips 13 moved up, 23 shed values and 60 ...

KU announces LLB part-I exam results KARACHI: University of Karachi has announced the result of LL.B, part-I annual examination here on Thursday.As many as 387 out of 868 candidates declared to have passed in the LL.B examination 2014.Copyright APP (Associated Press of Pakistan), 2014

Completion of development projects to boost economic activities: President ISLAMABAD: President Mamnoon Hussain on Thursday said economic activities would gain momentum after completion of developmental projects in the country.The President expressed these view while talking to a delegation of Pakistan State Oil (PSO) led by its Managing Director, Amjad Pervez Janjua here at the Aiwan-e-Sadr.The President said the government was taking measures for the betterment of masses despite several challenges it was confronting at present.He said national economy had suffered because of mismanagement and ...

Wheat price be fixed at Rs1500 per maund: Kissan board FAISALABAD: Kissan Board has urged the government to fix wheat's support price at the rate of Rs 1500 per maund (slightly less than 40 kg).In a statement issued here Thursday, Kissan board's district president Mian Rehan ul Haq advocate said that Rs 1300 per maund support price fixed by the government is quite low as prices of inputs including electricity, fertilizers, seed and pesticides soared during this period.Due to such factors wheat growers are unable ...


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln