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Pervaiz Rashid to inaugurate three-day exhibition on Thursday ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid will inaugurate an exhibition of rare photographs from the life of the Quaid-e-Azam Muhammad Ali Jinnah, Pakistan Movement, Pakistan Resolution and Independence Day at Lok Virsa Museum Hall on August 13.The exhibition is being organized by Directorate of Electronic Media and Publications (DEMP) in collaboration with Lok Virsa.The exhibition is organized every year to celebrate the Independence Day in a befitting manner and revive the spirit of 1947 Independence Day among the people of Pakistan. The three day activity is not merely evocation of a sentiment of loyalty to the memory of a great event but a reminder to follow the ideals and principles of a great leader.The photographs bring to mind the momentous era when almost the whole of Muslim nation formed part of a history making process.Around 200 rare photographs would be put on display in the ...

Nisar orders action against CDA officers for facilitating illegal slums ISLAMABAD: Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan Monday ordered immediate action against officers and personnel of Capital Development Authority (CDA) for becoming facilitators in setting up of illegal slums in Islamabad.Building of illegal slums in Islamabad is not possible without the connivance of CDA personnel.The minister said immediate action should be taken against officials who allowed the land grabbers to grow as the illegal settlements were made.The Interior Minister made it ...

Senate adopts certain amendments to its rules unanimously ISLAMABAD: The Senate Monday adopted certain amendments to its rules including procedure for submission of Public Petitions unanimously. The amendments were proposed by leader of the House, Raja Muhammad Zafar ul Haq and Saeed Ghani. New rules 162 B Composition of Functional Committee on Devolution and 277, procedure for submission of Public Petitions were inserted in the Senate rules. Under, the new rule, any person may submit a petition to the Chairman Senate containing clear ...

Ensuring best healthcare facilities govt's top priority: CM LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif has said that provision of modern and quality treatment facilities to the common man is the top priority of the government.Presiding over a high level meeting here on Monday, which discussed matters regarding improvement of medical facilities in hospitals besides reviewing the affairs of Punjab Institute of Cardiology (PIC) Lahore, he said that there would be no shortage of resources for public health facilities.He said the PIC was ...

LSE gains 4.21 points LAHORE: Lahore Stock Exchange here Monday slightly up by gaining 4.21 points as the LSE Index-25 opened with 6304.44 points and closed at 6308.65 points. The market's overall situation, however, did not correspond to an upward trend as it remained at 1.894 million shares to close against previous turnover of 2.377 million shares, showing a downward move of 482,440 shares. While, out of the total 83 active scrips 19 moved up, 20 shed values and ...

Shehbaz for speedy work on Saaf Pani Project LAHORE: Chief Minister Punjab Muhammad Shehbaz Sharif directing completion of Saaf Pani Project on war-footing, has warned that no laxity will be tolerated in the completion of the project.He was presiding over a meeting of Saaf Pani Project here on Monday.The Chief Minister said, the project was of vital importance for the provision of potable water to the citizens and there was a need for working expeditiously on this project. He said, water had a ...

Overseas Pakistanis remit $1.6 billion in the first month of FY16 KARACHI: Overseas Pakistani workers remitted $1663.61 million in the month of July FY16, showing a growth of 0.86% compared with $1649.39 million received during the same period in the preceding year.According to statement issued here by State Bank of Pakistan (SBP) on Monday, the country wise details for the month of July 2015 show that inflows from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln