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Water level to decrease in Kabul river, Budhni Nullah as met office forecast more rain in KP PESHAWAR: The meteorological office has forecast rains to continue until July 28, next with the potential inundation of several areas within the province including villages situated along Indus River in Dera Ismail Khan District while the flow of water in Budhni Nullah and Kabul Rivers is expected to decrease. Heavy rains and glacial lake outburst floods on caused flash floods in Chitral District, Khyber Pakhtunkhwa (KP).According to the data of Provincial Disaster Management Authority (PDMA) as of 27 July there are 32 reported fatalities with extensive damage to infrastructure including 348 houses fully damaged and 77 partially damaged. Kalash Valley, Garam Chashma, Mastooj and Torko remain inaccessible (except Kalash on foot).Moreover, there has been extensive damage to crops and livestock, including some 741 cattle, 2,476 sheep/goats and 416 poultry that have perished. The government agencies including district administrations and other relevant bodies are on high alert to deal with any ...

New grid stations in Nowshera, Charsadda on card: NA told %9 ISLAMABAD: State Minister for Water and Power Abid Sher Ali on Tuesday informed the National Assembly that setting of new grid stations on card in Charsadda and Nowshera to bifurcate load on power transformers in the areas. Replying to a calling attention moved by Maulana Muhammad Gohar shah and others regarding non-replacement of the out of order and overloaded transformers in district Charsadda, Mardan and Lucky Marwat, the minister said that in areas of less ...

Judicial commission's report has further strengthened democracy: Bosan ISLAMABAD: Federal minister for national food security and research Sikander Hayat Khan Bosan has said that Judicial commission's report was not just PML (N)'s victory but it has further strengthened the democracy."Gone are the days when mere allegations dictated politics, now truth prevails. Free media and strong neutral judiciary is here to safeguard the interests of the people and uphold justice", he said in a statement issued here today.The federal minister stressed that Prime Minister ...

Cotton growers advised to monitor weather LAHORE: The Punjab Agriculture department has advised to cotton growers to monitor weather predictions before watering the fields here on Tuesday.According to spokesman, farmers should adopt proper strategy to drain rain water from fields where it accumulated, and if drainage was not possible than they must collect it in a digged land. Nitrogen fertilizer should be used after analyzing the fertility of the land and crop condition, he added.He also stressed upon the farmers to ...

Senate body asks CDA to improve performance ISLAMABAD: Senate House Committee on Monday warned the Capital Development Authorities to improve its performance and provide basic facilities to masses. The committee meeting chaired by Maulana Abdul Ghafoor Haideri reminded CDA of fatherly role in provision of basic amenities to people and said, it should dispense its duties efficiently.The Committee member Senator Mrs. Sitara Ayaz said it is duty of CDA to also resolve the issues of Parliament Lodges.CDA official briefed the committee about ...

Country needs 10,000 Phds in 10 years: Ahsan Iqbal ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal Monday said Pakistan needed 10,000 PHDs at educational institutions in next decade and sought USA's help in this regard. He stated this while talking to delegates from United States Institute of Peace (USIP) headed by former Assistant to USA President on National Security Affairs Stephen Hadley and another one from CSIS headed by Daniel F. Runde. The minister said that USA can help Pakistan in the ...

National Committee on Sectarian Harmony set up: NA informed ISLAMABAD: Ministry of Religious Affairs and Inter-faith Harmony has set up a National Committee on Sectarian Harmony to control sectarianism and promote tolerance among the public. The committee would start its work during this week, Parliamentary Secretary for Religious Affairs and Inter-faith Harmony Khalil George Monday said this during question hour in the National Assembly. He said the government was taking several steps to control sectarianism including the Ministry has regularly been organizing National Seerat ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln