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German ambassador briefed on TDAP's workings ISLAMABAD: German Ambassador to Pakistan Dr. Cyrill Nunn and Dr. Tilo Klinner, CG of Germany were briefed on the working of Trade Development Authority of Pakistan (TDAP) by its chief executive on Friday.The German diplomats were informed about the trade volume of Pakistan and Germany and exhibitions being organized by TDAP in Germany. The TDAP chief executive said that he was trying his level best to make the authority a best TPO in the world and had introduced corporate culture in the organization, says a press release.The guests were informed of the support which TDAP is providing to the exporters and trade bodies.The role of Pakistani embassies and commercial sections was also discussed. The commercial counsellors were appointed by the Ministry of Commerce, but they were responsible to TDAP, it was told. The chief executive highlighted the positive points of the government of Prime Minister Muhammad Nawaz Sharif.The overall business ...

Dense foggy conditions to continue ISLAMABAD: The met office on Friday forecast very cold and dry weather with dense foggy conditions in most parts of the country including federal capital for the next 24 hours.Very cold and dry weather is expected in Punjab, Khyber Pakhtunkhwa, Sindh, Balochistan, Kashmir and Gilgit-Baltistan.However, dense foggy conditions would prevail over Gujranwala, Lahore, Faisalabad, Sahiwal and Bahawalpur divisions while foggy conditions in Sargodha, Multan and Dera Ghazi Khan divisions including plains of Khyber Pakhtunkhwa and ...

Japan to stand by Pakistan in fight against terrorism: FM ISLAMABAD: The state minister for foreign affairs Minoru Kiuchi has Friday expressed his country's support to Pakistan, saying, Tokyo will stand by it in its fight against terrorism. He visited Pakistan embassy in Tokyo Thursday and signed the Condolence Book in memory of those innocents who embraced Shahadat in the Peshawar School massacre on Tuesday, said a message received here Friday.The State Minister conveyed the deepest sympathy and support of the Government and people of ...

Ulema condemn Peshawar school carnage KARACHI: Religious scholars have strongly condemned Tuesday's Peshawar terrorism incident and expressed their full support to operation Zarb-e-Azb and other actions against terrorists.The religious scholars from various schools of thought at a meeting, presided over by Sindh Governor Dr. Ishrat-ul- Ebad to review arrangements for Eid Milad-un- Nabi (P.B.U.H.) related programmes, said it is hard to find precedent in history of such a brutal act of the massacre of innocent children, said a handout issued ...

246 on death row in distt jail KASUR: There are as many as 246 prisoners on death row in the district jail here. According to officials, 16 out of 246 filed mercy petition with the President of Pakistan, while 33 filed appeals with the Supreme Court and remaining 197 with the Lahore High Court.Sources said all these prisoners were awaiting courts' decision.Copyright APP (Associated Press of Pakistan), 2014

FESCO officers directed to achieve recovery targets SARGODHA: FESCO Chief Executive Officer Rasheed Ahmed Aslam has directed the officers to achieve the targets of recovery and line losses.Addressing a review meeting of Sargodha circle on Friday, he said that action would be taken against SDOs and executive officers concerned if they fail in achieving the recovery and line losses targets.He said that commendatory awards would be given to the officials including superintending engineers, executive officers, SDOs and others on performance base.Briefing the ...

Weekly Inflation down by 0.04pc ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on December 18 for the lowest income group up to Rs. 8,000 registered decrease of 0.04 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 203.45 points against 203.37 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering ...


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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