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PM chairs NSC meeting ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday chaired a meeting of the National Security Committee (NSC) which discussed issues related to regional and internal security.Minister for Interior Chaudhry Nisar Ali Khan, Minister for Defence Khawaja Muhammad Asif, Chief of Army Staff General Raheel Sharif, DG ISI Lt General Muhammad Zahir ul Islam, Foreign Secretary Aizaz Ahmed Chaudhry and other senior civil and military officials attended the meeting, said a press release by Press Wing of the Prime Minister's Office.Copyright APP (Associated Press of Pakistan), 2014

Pak forex reserves enhance to $ 13.43509bn KARACHI: Total liquid foreign reserves of the country increase to dollars 13.43509 billion, said State Bank of Pakistan (SBP). SBP's weekly statement here on Thursday said that the foreign reserves held by State Bank on October 10, amounted to $ 8.88201 billion and the net foreign reserves held by other banks figured $ 4.55308 billion. During the week ending Oct. 10, SBP's liquid foreign reserves increased by $ 25 million to $ 8,882.1 million compared ...

SBP may outright purchase or sale of Ijara Sukuk (GIS) as part of open market operations ISLAMABAD: The State Bank of Pakistan (SBP) has decided that it may outright purchase or sale Government of Pakistan Ijara Sukuk (GIS) either on deferred payment basis (Bai-Muajjal) or on ready payment basis through Open Market Operations (OMOs) based on multiple price competitive bidding auction process.This initiative has been taken by the Central bank in order to facilitate Islamic Banking industry in their liquidity management and more effective transmission of monetary policy, a statement of ...

ISE-10 index witnessed bearish trend ISLAMABAD: Islamabad Stock Exchange witnessed bearish trend here on Thursday as the ISE-10 index was down by 78.44 points and closed at 4194.30 points.A total of 23,500 shares were traded, which were down by 6,300 shares when it compared with previous day's trading of 17,200 shares.Out of 163 companies, share prices of 69 companies recorded increase while share prices of 94 companies registered decrease where as one company remained stable in today's trading.The share price ...

Slain MQM worker laid to rest HYDERABAD: An activist of Muttahida Quomi Movement Syed Hassan Mujtaba Zaidi alias Kaka who was shot dead by some unknown motorcyclists was laid to rest here at Mir Fazal Town Graveyard on Thursday afternoon.Hundreds of the MQM workers, friend and relatives of Syed Hassan Mujtaba Zaidi alias Kaka attended his Namaz-e-Janaza.The members of MQM Rabita Committee Ashfaq Mangi and Shakir Ali, Incharge MQM Hyderabad Zone Naveed Shamsi, MNA Syed Waseem Hussain, MPA Sabir Qaimkhani, MPA ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Thursday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work. According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under: October 17 from 09:00 am to 11:00 am, Jinnah Camp, Muslim Town, Service Road, CDA, FSH feedersFrom 08:00am to 03:00pm, From Mirpur Grid Station OPF, A.Spining Mill, Pioneer Steel ...

Army arranges White Cane Safety Day at Swat SWAT: Like other parts of the world, Pakistan Association of Blinds arranged a function in connection with White Cane Safety Day at Press Club here under the assistance of Pakistan Army.Colonel Sikandar Hayat was chief guest on this occasion while the function was also attended by Major Jawad Mubarak and students of Institute for Blinds.A blind student Arif Ullah enthralled the audience with Pashto parody songs while segment of comedy show was also largely lauded ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln