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Qaim directs KWSB for necessary steps to start chlorination of water KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has directed Karachi Water & Sewerage Board (KWSB) to take necessary measures to start chlorination of water in the vulnerable areas located out of water board's limits.He also asked the concerned departments to launch awareness campaign against Dengue and Naegleria.This he said while presiding over a joint meeting of Health department, KWSB and KMC to evolve strategy to combat the menace of Dengue and Naegleria here on Thursday.The meeting was attended by Minister for Health Jam Mehtab Dahar, Administrator KMC & Commissioner Karachi Shoaib Siddiqui, Secretary Health Saeed Mangnijo, Secretary Local Government Imran Atta Soomro, MD KWSB Hashim Raza Zaidi and others.Commissioner Karachi & Administrator KMC Shoaib Siddiqui said that drastic measures were taken to control dengue in the city in the year 2013. "The government had given special trainings to the doctors and para-medical staff to deal with the dengue patients. ...

Central Procession of Youm e Ali marks its beginning amidst tight security KARACHI: Hundreds of the participants of main procession arranged on eve of Youm e Hazrat Ali (R.A) marked their journey amidst tight security on culmination of a majlis at Nishtar Park Thursday noon.With all roads and side lanes sealed right from Mazar e Quaid off M.A.Jinnah Road to Kharadar via Saddar, the mourners including men, women and children offered their Zuhrain prayers at Numaish intersection with relative calm.Karachi police in close coordination with Pakistan Rangers ...

Islamabad LB polls; SC directs ECP to notify a revised schedule ISLAMABAD: The Supreme Court on Wednesday directed the Election Commission of Pakistan (ECP) to notify a revised schedule for the Local Bodies (LB) elections in the federal capital. The elections were previously scheduled to be held in the Federal Capital Islamabad on 25 of this month. However, due to the absence of a relevant law, the court has rejected the schedule and asked ECP to issue a revised schedule. The National Assembly passed the Local ...

SC validates Lahore signal free corridor project ISLAMABAD: The Supreme Court on Wednesday validated the Lahore signal free corridor project initiated, approved and executed by the Punjab provincial government through Lahore Development Authority (LDA). According to details of the case, Construction of the project was awarded to the Contractor on February 19, 2015, who had already undertaken construction in the value of Rs.60 million before the interim restraint order was issued by the Lahore High Court on March 6, 2015. The three-member ...

Sharif family never usurp loans; paid each penny to banks: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif clarified on Wednesday that Sharif family had paid Rs 5.228 billion in December 2014 under the head of all loans, markup, cost of fund and other charges payable by Ittefaq Foundery and a consortium of banks also issued clearance certificate in this regard. Addressing a news conference regarding news published in newspapers about the loans of Ittefaq Group here, he said: "Sharif family has not usurped the loans ...

Senate to debate 1400 acre PARC land issue ISLAMABAD: The Senate on Wednesday accepted adjournment motion to debate proposed conversion of 1400 acre land of National Agricultural Research Centre by CDA into residential and commercial plots.Moving the motion in the House, Mushahid Hussain Syed said that PARC was promoting agricultural research in the country for the past 30 years and the Capital Development Authority wants to forcibly occupy its land purely for residential and commercial purposes. He claimed that it was not included ...

MPs, families entitled to medical facilities: Chairman Senate ISLAMABAD: Chairman Senate Mian Raza Rabbani on Wednesday ruled that a Member of the Parliament and his family, that is, spouse, minor children and unmarried daughters of the Members residing with and wholly dependent on the Member shall be entitled for medical facilities.In his ruling, the Chairman Senate said that the MPs were entitled to the same medical facilities as are admissible to a Gazetted Officer (Class-I) of the Central Government and the spouse and ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln