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Ambassador James calls on Sartaj Aziz ISLAMABAD: US Special Representative for Afghanistan and Pakistan James Dobbins on Monday paid farewell call on Adviser to Prime Minister on National Security and Foreign Affairs, Sartaj Aziz here at the Foreign Office. They discussed Pakistan-US bilateral relations and developments in Afghanistan. The Adviser took the opportunity to laud Ambassador Dobbins' efforts for the promotion of stable, cooperative and durable relations between Pakistan and the US during his term as SRAP. The two sides reiterated their resolve to further deepen the bilateral relationship and strengthen mutual consultations on Afghanistan post-2014 with a view to advancing the shared objectives of peace, stability and economic development in the region and beyond. The Adviser highlighted the instrumental role of Pakistan-US Strategic Dialogue in fostering closer collaboration between the two countries in diverse fields including trade, economy, energy, counter-terrorism, education and science and technology. Reviewing the process since its revitalization last year, the two ...

President approves promotion of three AVMs to rank of Air Marshals ISLAMABAD: President Mamnoon Hussain, on the advice of the Prime Minister, has approved promotion of three Air Vice Marshals to the rank of Air Marshals, as recommended by the PAF Board.The promoted senior officers are: Air Vice Marshal Saeed Muhammad Khan, Air Vice Marshal Javaid Ahmed and Air Vice Marshal Rashid Kamal. Copyright APP (Associated Press of Pakistan), 2014

PM to perform Umrah, pray for Pakistan's progress, prosperity JEDDAH: Prime Minister Mohammed Nawaz Sharif who arrived here in the early hours of Monday will perform Umrah and pray for the prosperity, solidarity and progress of Pakistan and its people.The Prime Minister during his stay will offer special nawafil keeping in view the significance of the last ten days of the Holy month of Ramzan and also offer his respects at the Roza-e-Rasool (Peace be Upon Him).The Prime Minister will also be meeting the ...

Services trade deficit up by 56.48pc in 11 months ISLAMABAD: Services trade deficit during first 11 months of fiscal year 2013-14 has increased by 56.48 per cent with 20.83 per cent decrease in their exports and negative growth of 7.33 per cent in imports against last year.However, on year-on-year basis, the services trade deficit decreased by 127.93 per cent in May 2014 when compared to that in the same month of last year, according to the latest data of Pakistan Bureau of Statistics (PBS).According ...

Turtles of Karachi protected All marine turtles nesting sites are on Hawksbay and Sandspit beaches.These two beaches are the most important turtles green nesting grounds in the world. Each year thousands of female green turtles come to beaches of Hawksbay and Sandspit off the coast of Karachi to lay their eggs.The Sindh Wild Life Department in collaboration with WWF Pakistan is working on a project to save and protect the green turtles since 1980’s.Green turtles eats exclusively sea grass ...

FPCCI supports privatization of bleeding SOEs ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lauded the decision of the government to sell shares of different bleeding state owned entities (SOEs), including Pakistan International Airlines (PIA) with management control."Privatization is an integral part of the on-going process of economic reforms, which must be carried out very cautiously," said Naima Ansari, Vice President FPCCI, speaking to the business community here.She said sale of shares and transfer of management control ...

Nine illegal VoIP gateway exchanges seized in Sialkot ISLAMABAD: Pakistan Telecommunication Authority (PTA) alongwith Federal Investigation Agency (FIA) have seized nine international illegal VoIP gateway exchanges in two raids in Sialkot.According to a PTA spokesman on Monday, the PTA and FIA teams carried out the first raid at Flat No. 103 Khan Plaza, Rangpura Chowk, Sialkot and confiscated seven illegal VoIP gateway exchanges, two CPUs, two PTCL broadband DSL connections and a large number of SIMs.The second raid was conducted at Green Town ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln