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National Data Centre to be completed in few months, Anusha informed ISLAMABAD: National Data Centre will be completed within next few months and provide value added services to government entities.Minister of State for Information Technology and Telecommunications, Ms. Anusha Rahman, who visited National Telecommunication Corporation (NTC) Headquarters here on Wednesday, was informed during a briefing.Chairman, NTC, Brig (Retd) Viqar Rashid Khan gave a brief presentation on performance and achievements of NTC and highlighted challenges, being faced by in a competition in telecom sector.The Minister appreciated role and performance of NTC in providing telecom services to federal and provincial governments and emphasized that all government funded autonomous bodies should avail telecom and data services from NTC being the only government owned telecom entity providing such services for security reasons.Copyright APP (Associated Press of Pakistan), 2014

NACTA trains 400 officials to prevent use of IED attacks: NA told ISLAMABAD: Parliamentary Secretary for Interior and Narcotics Control Marryam Auranzeb on Thursday informed the National Assembly that National Counter Terrorism Authority (NACTA) has trained 400 persons of Bomb Disposal Squad to prevent use of Improvised Explosive Device (IED) attacks.Replying during Question Hour, Marryam Auranzeb said that NACTA is extending all possible assistance and support to civil defence department, Ministry of Interior and provinces to control the IED attacks.She said that to counter IED attacks the ...

SC expresses annoyance over non regularization of LHW ISLAMABAD: The Supreme Court on Thursday expressed annoyance over non-regularization of services of Leady Health Workers (LHW) and directed the all provincial governments to issue permanent job letters within 24 hours.The two-member bench headed by Justice Jawwad S. Khawaja heard the case. During the course of proceedings, the Advocate General Punjab submitted an affidavit before the bench regarding regularization of services of LHWs. The court rejected affidavit and directed to issue their appointment letters without ...

Power shutdown schedule for Peshawar notified PESHAWAR: Due to necessary maintenance work power supply will remain off from 132 KV Peshawar Industrial Grid Station on 30th November from 8 am to 3 pm, resultantly consumers of 11 KV Wazir Bagh feeders will face inconvenience. Power supply will remain off from 132 KV Wah Grid Station on 30th November from 9 am to 5 pm, resultantly consumers of 132 KV Nishat Tarbela Grid Station will face inconvenience. Power supply will remain off ...

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 ...

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 ...


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Banking Review 2013

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