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KP Governor condemns Peshawar blast PESHAWAR: Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan strongly condemned the targeting of a security vehicle with bomb attack at Mathra in Peshawar district Friday morning. He said that the elements involved in the heinous crime could never escape from the court of law and justice."Such cowardly acts of terrorism could never deter the government and our people in their struggle against extremism and terrorism and indeed maintenance of peace on stable lines is must to ensure development and prosperity of our country", he added.The Governor said, " we salute the spirit, courage and commitment of the jawans and officers of security forces with which they are fulfilling their responsibilities and Nation will always remember their sacrifices with great pride and honour".The Governor also prayed for the eternal peace of the departed soul, early recovery of the injured and courage to the bereaved family to bear this loss. Copyright APP ...

Pakistan faced with three commonest forms of malnutrition: Report KARACHI: Pakistan is among the countries that suffer from two of the commonest forms of malnutrition, that include, under-five stunting and anaemia among women during the child bearing years.The first-ever Global Nutrition Report that tracks the progress of 193 member countries of the United Nations in improving their nutrition status also identified Pakistan beginning to encounter the problem of adult obesity and related problemsThe authors of the report, launched at the 2nd International Conference on ...

Baloch urges PTI to avoid politics of agitation ISLAMABAD: Federal Minister of SAFRON, General (Retd) Abdul Qadir Baloch on Thursday urged Pakistan Tehrik e Insaf (PTI), to avoid politics of agitation and follow the constitutional way to resolve the matters.Talking to Pakistan Television channel, he said that there is no harm to hold peaceful protest, adding that PTI should avoid politics of blame game without evidence.He said that Imran Khan should show flexibility in his behaviour.The minister said that the government will not ...

CM meets President Mamnoon LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif met President Mamnoon Hussain here on Thursday.Matters of mutual interests, overall situation of the country and Pak-China agreement were discussed in the meeting.Talking to the CM, President Mamnoon Hussain lauded efforts of Chief Minister Shahbaz Sharif for the development of the province, including Lahore.He said the progress made by Punjab under the leadership of Chief Minister Shahbaz Sharif was an example for other provinces.On this occasion, the chief ...

All outstanding KSL trades in ready market segment settled successfully: SECP ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) noted with satisfaction that all the outstanding trades of the KASB Securities Limited (KSL) in the ready market segment were successfully settled.Likewise, all the outstanding contracts in the deliverable futures market have been closed out in close coordination with the KSL.Zafar Abdullah, Commissioner Securities Market Division (SMD), SECP, chaired a meeting on Thursday, according to a press release issued by SECP.The factors leading to the suspension ...

Pakistan making rapid progress towards strengthening democracy and economy: Bokhari  NEW YORK: Senate Chairman Syed Nayyer Hussain Bokhari told a gathering of diplomats, parliamentarians and journalists Wednesday night that democracy was advancing in Pakistan and the country was well on its way to economic revival and prosperity. Bokhari, who is in New York as leader of Pakistani parliamentary delegation to the joint hearing of the Inter-Parliamentary Union (IPU) and the United Nations, said although beset with terrorist threats like many countries in the world, the ...

Performance of Banking Sector Remained Impressive: SBP KARACHI: Substantial improvement has been observed in the banking sector during July-September quarter of 2014. The profit (before tax) reached historically high level of Rs 176 billion as of end September, 2014 showing 44 percent increase over the end September, 2013. Similarly, the return on assets (ROA) and return on equity (ROE) inched up to 1.4 percent and 15.9 percent respectively up from 1.1 percent and 12.3 percent a year earlier. The quarterly banking sector ...


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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