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HEC to launch Pakistan School on Internet Governance ISLAMABAD:The Higher Education Commission (HEC) will launch country's first ever Pakistan School on Internet Governance (PkSIG) offering intensive learning courses in internet governance.According to an official of HEC, the school would offer political, legal, economic, socio-cultural, technological courses and other dimensions of internet governance within the context of the national objectives.Simple knowledge and understanding of the Internet is enough to attend the School.A four-day workshop will be started on Monday (October, 5) to discuss the necessity of developing proper policies for today's internet at the national level and to stress the need for cyber- legislations at the national and regional levels.The workshop will be concluded on Thursday (Oct, 8).The workshop was being conducted in collaboration with premier international organizations in Internet Governance including Asia-Pacific Network Internet Centre (APNIC), Internet Society (ISoc) and Internet Corporation for Assigned Names and Numbers (ICANN).The participants of the workshop will be students, researchers and professional ...

FESCO issues shutdown program FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown program for necessary repair, maintenance and expansion of electricity lines.According to the program issued by the company, power supply from Az-Zamin, Johal, Habib Haseeb and Asim feeders emanating from 132-KV Bandala grid station will remain suspended from 9 am to 3 pm on October 05 (Monday). Copyright APP (Associated Press of Pakistan), 2015

Rs1.6bn allocated for latest security gadgets FAISALABAD: Punjab Law Minister Rana Sanaullah Khan has said that Rs. 1.6 billion had been allocated to equip police with latest security gadgets. Addressing an Eid Millan party here Friday, he said that government was committed to provide protection to life and property of citizens. He said that police had been tasked to arrest the proclaimed offenders besides controlling street crimes. The minister said, the government had also allocated huge funds for the development of ...

Prime Minister paid Rs4.24mn taxes ISLAMABAD: Prime Minister Muhammad Nawaz Sharif paid taxes worth Rs. 4,244,680 including income and agriculture taxes.The tax return of the Prime Minister has been filed, according to a PM House statement.According to the return, the Prime Minister paid income tax worth Rs. 2,282,840 and Rs. 1,961,840 agriculture tax. Copyright APP (Associated Press of Pakistan), 2015

Pakistan's Liquid Foreign Reserves position KARACHI: The total liquid foreign reserves held by the country stood at $18,349.1 million on September 25, 2015, a statement issued by the State Bank of Pakistan (SBP) said here on Thursday.The break-up of the foreign reserves position is as under. I) Foreign reserves held by the SBP: $13,408.2 million II) Net foreign reserves held by banks: $ 4,940.9 million III) Total liquid foreign reserves:$ 18,349.1 millionDuring the week ending September 25, SBP's liquid FX ...

PM rightfully presented Kashmir issue in UN, Sirajul Haq LAHORE: Ameer, Jamat e Islami, Pakistan, Senator Sirajul Haq Thursday said that Prime Minister, Muhammad Nawaz Sharif rightfully presented the nation's sentiments regarding Kashmir issue in the UN General Assembly.Talking to the members of the Standing Committees of the JI central Shoora at Mansoora here, he stressed that war mongering India must not become a member of the UN Security Council under any circumstances. While opposing an increase in the UN Security Council membership, the ...

LHC disposes of plea for delaying first phase of LG polls LAHORE: The Lahore High Court Thursday disposing of a petition for directions to delay first phase of local government elections in Punjab directed the petitioner to approach the Election Commission of Pakistan (ECP).Justice Ijaz ul Ahsan was hearing the petition filed by Mujlis Wahdatul Muslimeen.The party had requested the court to issue directions for delaying the first phase of local government elections in Punjab owing to Muharram.The court directing the petitioner to approach the ECP ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln