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PM inaugurates improved facilities at Benazir Bhutto Airport ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday inaugurated the Rs 460 million newly upgraded facilities and fast track services here at the Benazir Bhutto International Airport.The airport now has a new Taxiway - Delta, to allow the aircraft exit the runway after landing, vacating it for other aircraft to land or take-off.Prime Minister Nawaz Sharif went around the renovated areas of the airport, designed to provide maximum facilities to the passengers till the completion of the new Islamabad international airport at Fateh Jang.The Prime Minister who arrived at the airport from Lahore was welcomed at the new taxiway with a rare water cannon salute. The salute is presented to special flights. Two fire tenders of the Civil Aviation Authority (CAA) sprayed aerial water shots that create an arch of water, causing a rainbow.Prime Minister Sharif opted to travel in a CAA coach to the airport terminal along with the ...

Interior Minister arrives to discuss law, order KARACHI: Interior Minister Chaudhry Nisar Ali Khan arrived here Monday to get detailed account of the law and order situation in Sindh especially in Karachi.The Minister will be given briefing on the law and order situation. He will be informed about the results achieved so far from the ongoing targeted operation against terrorists and other criminals, and about the future plan.Chaudhry Nisar will also meet Chief Minister Syed Qaim Ali Shah and Governor Sindh Dr ...

Pak importer buys 40,000 tonnes soybeans from Argentina HAMBURG: A Pakistani importer has bought about 40,000 tonnes of soybeans to be sourced from Argentina, European traders said on Monday.The soybeans were for shipment in August, they said.Copyright Reuters, 2015

40 suspect held from Gulistan-e-Jauhar area KARACHI: Gulistan-e-Johar police has arrested 40 suspects from Safoora Goth, Pehlwan Goth and Chisti Nagar during the last 24 hours.Those suspects were arrested during special campaign initiated on the directive of SP Gulshan-e-Iqbal Abid Qaimkhani.Police also recovered weapons and narcotics from the arrested people who were allegedly involved in crimes of different natures.Further investigation against them is under way. Copyright APP (Associated Press of Pakistan), 2015

PM expresses grief over death of six minors in Lahore blaze; seeks report ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Sunday expressed grief and sorrow over the death of six siblings of a family in Shadbagh, Lahore short circuit incident.Seeking a report over the incident, he directed that action would be taken against those responsible for malfunctioning and delayed arrival of water bowsers on the venue.He asked the concerned authorities to upgrade the fire- fighting equipment and mechanism so that such like unfortunate incidents could be avoided in future.He ...

Energy crisis being resolved speedily: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Saturday that work is being carried out on war footings for resolving energy crisis. Talking to parliamentarians belonging to Jhang here, the Chief Minister said that sincere efforts are being made for ridding the country of quagmire of problems under the leadership of Prime Minister Muhammad Nawaz Sharif. He said that National Bank of Pakistan (NBP) and Habib Bank Limited (HBL) have given underwriting of Rs ...

2.5mn metric tons of wheat purchased LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Saturday that wheat procurement campaign was continuing successfully in Punjab and 2.5 million metric tons wheat has been purchased from the farmers till now.Presiding over a high level meeting which reviewed in detail the progress of wheat procurement campaign in the province, he said that due to farmer-friendly policy of Punjab government, farmers were getting due return of their hard work and more than Rs 80 ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln