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NADRA submits forensic report in NA-118 case LAHORE: National Database & Registration Authority (NADRA) Thursday submitted a forensic report of thumb verification process before election tribunal in NA-118 case.The report was submitted before election tribunal comprising Justice (R) Kazim Ali Malik who was hearing an election petition filed by PTI runner-up Hamid Zaman challenging election of PML-N MNA Malik Riaz from NA-118 Lahore Constituency.As proceedings started, the sealed forensic report was submitted before the tribunal and it was de-sealed in the presence of parties.The tribunal handing over copies of the report to both parties summoned Deputy Director NADRA Junaid Shaukat for August 3 for recording his statement and cross examination by the parties while adjourning the matter.According to 734-pages report, 65,793 thumb impressions could not be verified whereas 49,132 thumb impressions matched with fingerprint data held with NADRA.Copyright APP (Associated Press of Pakistan), 2015

Sindh Govt collects Rs55mln as Agri Tax in 2013-14 HYDERABAD: The provincial government has collected Rs. 55 Millions in respected of Agriculture Tax for the year 2013-2014 from 2918 growers of Hyderabad division.The Additional Commissioner-I Sajjad Haider Shah who is also the Convener of the Monitoring Committee of Income Tax Recovery for Hyderabad Division said while presiding over a meeting here on Thursday.Giving details about the recovery of Agriculture Tax, he informed that Rs. 8749619 was receioved from 249 growers of Hyderabad district, Rs. ...

CDNS mobilizes Rs.336bn by end of FY 15 ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved Rs.336 billion savings target during current fiscal year from July 1, 2014 to June 30,2015 against the revised target of Rs.329 billion.An official of CDNS giving breakups of set targets for coming fiscal year 2015-16 of National Savings told APP here on Thursday that "Net target for new financial year 2015-16 has been set at Rs. 302 billion and gross target at 1043 billion.""People have ...

Services trade deficit narrows 13.56pc ISLAMABAD: Services trade deficit during first 11 months (July-May) of current fiscal year 2014-15 narrowed by 13.56 percent to US $2.022 billion from $2.339 billion during same period of last year.The services exports during the period under review increased by 7.95 percent while the imports witnessed a nominal increase of 1.07 percent.The services exports increased from $4.972 billion in July-May (2013-14) to $5.367 billion this year whereas the imports increased from $7.311 billion last year ...

Shipping activity at Port Qasim KARACHI: four ships C.V CMA CGM Tosca, C.V Mersk Detroit, M.V Basat and M.T GPT-1 carrying containers, palm oil and furnace oil took berths at Qasim International Container Terminal berth # 7 and 9, Multi Purpose Terminal and FOTCO Oil Terminal respectively at Port Qasim on Wednesday, 15 June, 2015.Meanwhile, three more ships carrying phosphoric acid, LNG and Containers also arrived at outer anchorage during last 24 hours.Berth occupancy was managed at the Port at ...

Shahbaz for increasing revenue of province LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif Wednesday said that there is a need for increasing revenue of the province to provide maximum facilities to the citizens.He said this while presiding over a meeting which reviewed the performance of Punjab Revenue Authority. Chairperson Punjab Revenue Authority Dr Raheel Ahmad Siddiqui gave a briefing to the meeting.He said that Punjab government has taken effective measures for ensuring transparent and proper utilization of funds. He said that ...

SBP accepts Rs 53.864bn bids for sale of PIBs KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs 53.864 billion for the auction of Pakistan Investment Bonds (PIBs) with maturing period of 3, 5, 10 and 20 years. The coupon rates will be 9.75 %, 9.25 %, 9.75% and 10.75 %, said SBP statement here. Copyright APP (Associated Press of Pakistan), 2015


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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 $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln