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Shahbaz's message on 66th national day of China LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has congratulated Chinese President, Prime Minister, Chinese leadership and people on the occasion of the 66th national day of China. In his message here Wednesday, the chief minister said that China has become the second biggest economic power of the world due to its best economic policies and despite worst recession, it has controlled its economy efficiently. He said that China has become a defense power in a very short period due to hard work and its credit goes to Chinese leadership. He said that Pakistan was the first country of the world which recognized Peoples Republic of China as an independent country, adding Pakistan and China have the common stance with regard to mutual respect, peace and international affairs. He said that new era of Pak-China friendship has started during the tenure of Prime Minister Muhammad Nawaz Sharif and the relations between ...

PM orders to seal schools defying orders of fee reduction ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday directed the authorities to seal the schools that are not complying with the orders of reducing or reimbursing the raise in their fees.Taking strong notice of the situation, the Prime Minister directed the Private Educational Institutions Regulatory Authority (PEIRA) to address the grievances of the parents on immediate basis.On the directives of the Prime Minister, the PEIRA constituted a Grievance Cell to address the complaints submitted by ...

Child Immunization Program to switch bivalent polio vaccine: Saira Tarrar ISLAMABAD: Minister of State for National Health Services, Regulations and Coordination, Saira Afzal Tarar endorsed the national plan of switching from trivalent Oral Polio Vaccine (tOPV) to bivalent Oral Polio Vaccine (bOPV) in the Routine Immunization schedule of the EPI.Reviewing the Switch Plan in a meeting the minister said Tuesday, we are moving one step ahead in unison with the global strategy for polio eradication; with the switch from tOPV to bOPV in the Routine ...

Sahiwal Coal Power Project to start generation from 2017: Shahbaz ISLAMABAD: Chief Minister (CM) Punjab Shahbaz Sharif Tuesday said Sahiwal Coal Power Project would start generating electricity from 2017.Speaking during a visit to 1320 megawatt coal power project at Qadirabad in Sahiwal, he said the project was an important programme of China-Pakistan Economic Corridor (CPEC), a news channel reported.He said two coal power projects of 660 megawatt were being set up in Sahiwal. Copyright APP (Associated Press of Pakistan), 2015

President administers oath to FPSC Chairman ISLAMABAD: President Mamnoon Hussain on Tuesday administered oath of the office to Naveed Akram Cheema as the Chairman Federal Public Service Commission (FPSC).The members of FPSC, Secretary Establishment Division and senior officers of the President's Secretariat attended the oath- taking ceremony held here at Aiwan-e-Sadr.The proceedings were conducted in national language Urdu.Later, the FPSC Chairman called on President Mamnoon Hussain.The President congratulated Naveed Akram Cheema on his appointment as FPSC Chairman and expressed good wishes ...

President for broad-based ties with Norway ISLAMABAD: President Mamnoon Hussain Tuesday underscored Pakistan's desire to build a broad-based, substantive and long-term relationship with Norway in all fields including trade, economy and culture.The President stated this in a meeting with the country's ambassador-designate to Norway Ms. Riffat Masood, who called on him here at Aiwan-e-Sadr.The President expressed hope that the ambassador-designate would make all out efforts towards further strengthening the friendly ties between Pakistan and Norway.The President emphasized that the importance attached ...

Imran to visit NA-122 on Wednesday LAHORE: Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan will visit constituency NA-122 and PP-147 to address corner meetings on Wednesday ahead of scheduled by-election on October 11. Top leadership of the party including Punjab Organiser Ch Muhammad Sarwar, Shafqat Mahmood, Umar Sarfaraz Cheema, candidates Abdul Aleem Khan and Shoaib Siddiqui will be present on the occasion. According to party source, PTI has finalised the strategy to contest by-polls for NA-122 and PP-147 in Lahore and door ...


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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