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President approves Appellate Tribunal for NA-19 Haripur ISLAMABAD: The President has approved the Prime Minister's advice for nomination of the Appellate Tribunal for disposal of appeals against the decisions of Returning Officer rejecting/accepting nomination papers for Bye-Election to the National Assembly Constituency Number NA-19 Haripur.The Appellate Tribunal consists of Justice Lal Jan Khattak and Justice Qalandar Ali Khan of the Peshawar High Court.The summary was initiated by the Election Commission of Pakistan. Copyright APP (Associated Press of Pakistan), 2015


Pak forex increases to $ 18.20105bn KARACHI: Total liquid foreign reserves of the country increased to $ 18.20105 billion on June 26, said State Bank of Pakistan.SBP statement here Thursday said that the foreign reserves held by State Bank amounted to $ 13.08802 billion and the net foreign reserves with other banks were $ 5.11303 billion.During the week ending June 26, SBP's liquid foreign exchange reserves increased by $ 772 million to $ 13.088 billion compared to $ 12.316 billion in ...

Dar grieved over train accident ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar has expressed deep sense of shock and grief over the train mishap, caused by collapse of railway bridge near Gujranwala, which resulted in loss of precious lives of army personnel and caused injuries to a number of others on board the train.The minister in a message described the incident as tragic, and prayed for eternal peace to the departed souls and speedy recovery of the injured.He also prayed ...

Shahbaz Sharif expresses grief over accident LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has expressed a deep sense of sorrow and grief over the loss of precious human lives in a traffic accident on Khanewal Road near Lodhran.He sympathized with the bereaved families and directed the administration to provide best treatment facilities to the injured.Copyright APP (Associated Press of Pakistan), 2015

1453 electric meters found tempered, Rs32m fine imposed: PESCO PESHAWAR: As many as 1453 out of 10203 electric meters have been found tampered in Pesco's meter testing laboratory besides imposition of Rs32million fine, says a statement of PESCO on Thursday.The PESCO lab checked domestic, commercial and industrial electricity meters and found 1453 meters tempered. The accused consumers were fined against their actual load and the percentage of tampering.In May last, 10203 single and three phase meters of Peshawar, Khyber, Mardan, Bannu, Abbotabad and Swat ...

Indonesian ship arrives on goodwill-cum-training visit KARACHI: Indonesian Navy Ship KRI BANGARMASIN-592 Thursday arrived on a goodwill cum training visit at Karachi Port was accorded a warm welcome and received by senior officials of Pakistan Navy and Indonesian Consul General in Pakistan.As many as 99 Indonesian Navy cadets are also visiting Pakistan onboard KRI BANJARMASIN, said a statement.During the two days visit, the Ship's Commanding Officer will meet various Pakistan Navy Commands at Karachi.During the stay of the Indonesian Naval Ship, ...

Abid for ending energy crisis by 2017 MULTAN: State Minister for Water & Power Abid Sher Ali said on Wednesday the incumbent government was committed to overcome the energy crisis by end of 2017. Addressing a public meeting after inaugurating 132 KV Shujabad grid station, he said that various projects of 8300 megawatt were being launched in collaboration with China to resolve the energy crisis while 3600 megawatt electricity would be generated through LNG.He said that 950 megawatt electricity from Neelum-Jehlum hydel ...


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln