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Police, prisoner department held responsible for Ruhullah escape: report submitted in SC ISLAMABAD: The Secretary Interior Punjab on Tuesday submitted a report before the Supreme Court terming the police, health department and the prisoner department responsible for the escape of Ruhullah, accused of killing former Attorney General (AG) Sardar Muhammad Khan from the country.A three-judge bench headed by Chief Justice Iftikhar Muhammad Chaudhry resumed the hearing of a sou moto case of the murder of former AG and the escape of Ruhullah, the accused who was shifted from Adiala Jail to the District Headquarters Hospital, from where he first escaped to Dubai and later fled to Afghanistan.During the course of proceeding, Tahir Aalum, Deputy Inspector General (DIG) Police Islamabad rejected the allegations levled against him and stated that he was blamed without justification in the report as it was not in his duty chart to conduct this matter.He said that he was SSP Islamabad at that time, whose duty was an investigation ...


Ashraf submits apology in SC over contempt case ISLAMABAD: Former Prime Minister Raja Pervaiz Ashraf on Tuesday submitted his unconditional apology through his counsel Wasim Sajjad before the Supreme Court against the contempt of court charges framed against him in the Rental Power Projects (RPPs) case.Wasim Sajjad also requested for granting permission to Raja Pervaiz Ashraf for withdrawal of the letter while presenting un-conditional apology before a three-judge bench headed by Chief Justice Iftikhar Muhammad Chaudhry.Ashraf stated in his apology that the motive ...

CNG stations will remain closed on May 23 for 48 hours in Sindh KARACHI: Sui Southern Gas Company (SSGC) management has rescheduled the CNG closure programme for current week.Now, the gas supply to all CNG stations in Sindh region will be suspended from Thursday (May 23) 8.00 a.m for next 48 hours instead of Friday (May 24) as announced earlier."The CNG stations will remain closed from 8 a.m. on Thursday till 8 a.m on Saturday," said a SSGC announcement here on Tuesday.This step is being taken due to ...

Excise & tax department achieves highest recovery target KHANEWAL: Excise and Taxation department Khanewal achieved highest recovery targets in Punjab in the wake of property tax, token tax, registration fee, motorcycle vehicle tax, excise fee, recreational tax, professional tax, cotton tax and hotel tax.The total tax amount being collected at the district level was Rs 149,249,160.A spokesman of Excise & Taxation told APP here, he said the total recovery target was Rs 171,217,860 out of which 87 % had been achieved.Ch Fakhar Hussain ...

Turkish Airlines to give discount tickets to KCCI members KARACHI: All KCCI members can avail exclusive five percent discount on ticketing from any office of Turkish Airlines' operating in Pakistan by showing their membership cards.The Airlines also offers air cargo services between the two countries and other destinations.General Manager of the Turkish Airlines Husseyin Cepni during a meeting with President of Karachi Chamber of Commerce and Industry (KCCI) Muhammad Haroon Agar here at the Chamber informed that during his recent visit to Airlines Headquarters ...

IHC reserves verdict in passport lamination paper contract case ISLAMABAD: The Islamabad Hight Court (IHC) on Tuesday reserved judgment in the passport lamination paper contract case.During the hearing of the case, DG Immigration and Passport Zulfiqar Cheema in his testimony said that former Interior Minister, Rehman Malik wanted to give the passport lamination contract to one company and the delay thereby provided an opportunity to the mafia to take bribe as much as Rs. 25000 for issuance of a passport. Zulfiqar Cheema also disclosed ...

PML (N) agrees to continue BISP: Spokesman ISLAMABAD: Pakistan Muslim League (N) announced that the government would continue Benazir Income Support Program (BISP) and intends to make it more targeted for benefiting vulnerable segments of the society.Quoting an on record statement of PML (N) leader Ashan Iqbal, a spokesman of BISP said here on Tuesday, "PML (N) was also in favor of this initiative", adding, the up coming government intends to change name of the program as `Pakistan Income Support Program'.He further ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln