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verification continues for recovery of 16 Pakistanis in Israeli jail ISLAMABAD: Advisor to the Prime Minister on Foreign Affairs, Sartaj Aziz on Tuesday said that government was utilizing indirect ways through American and Jordan Embassies to verify and recovery of 16 Pakistanis captive in Israeli jail.Responding a calling attention notice in Senate, he said matter of 16 Pakistanis who went missing in 2009 in an accident of merchant vessel MV Danny FII in red sea, is a serious human rights issue.He, however, said presence of those Pakistanis in Israeli jail is unverified so for.Pakistan is making efforts through indirect sources to resolve the issue as it has not diplomatic relations with Israeli, Sartaj added.Copyright APP (Associated Press of Pakistan), 2015

Senate seeks report on fake degree scandal ISLAMABAD: The Chairman Senate on Tuesday referred a matter of involvement of a Pakistani company in issuing of online fake degrees to concerned standing committee and sought a report within one month.Speaking on a matter of public importance in Senate, Leader of Opposition Aitzaz Ahsan said that owner of the company and TV channel have right to clear the allegations levelled against them. He said the contents of a news story published in a section ...

ECP takes notice for not giving women to cast vote in PK-95: NA told ISLAMABAD: Minister of State for Parliamentary Affairs, Sheikh Aftab Ahmed on Tuesday informed the National Assembly that Election Commission of Pakistan (ECP) has taken Suo Moto action for not giving women voters their right to franchise in by-elections in PK-95, Dir, Khyber Pakhtunkhwa (KPK).Replying to a Calling Attention Notice moved by Shazia Marri, Dr Nafisa Shah, Dr Azra Fazal Pechuho and Shaista Pervaiz, Sheikh Aftab said that ECP summoned Chief Secretary KPK and other concerned ...

Minister denies any ban on wind, solar power generating projects KARACHI: Sindh Minister for Finance and Energy, Murad Ali Shah here on Tuesday said that the provincial government extensively engaged in developing renewable energy projects will strictly comply with tariff notified by NEPRA.Talking to journalists, he said Sindh is endowed with renewable energy potential of solar, wind and other resources including identified wind corridor of 50,000 MW."A number of wind and solar energy projects are being processedby the Sindh government to mitigate the persisting energy ...

Madaris playing conspicuous role in spreading religious education: Asif ISLAMABAD: Minister for Water and Power, Khawaja Muhammad Asif, highlighting positive role of religious seminaries on Tuesday said, madaris were playing conspicuous role in spreading religious education and literacy in the country.On a point of order in National Assembly, he said, there are around 22,000 to 28,000 madaris working in Pakistan and as per credible evidence only involvement of 300 or 400 madaris is allegedly found directly or indirectly in terrorist activities. He said an ...

Senators donate Rs1mn for rehab of rain affectees PESHAWAR: Senators belonging to Khyber Pakhtunkhwa have donated an amount of Rs 1 million for rehabilitation of the people affected by the recent torrential rains in the province. Senators Mohsin Aziz, Ilyas Ahmed Bilour, Nauman Wazir and Iqbal Zafar Jhagra presented a cheque of Rs.1 million to Chief Minister Pervez Khattak at CM Secretariat on Monday. The Chief Minister thanked the Senators for the donation and while appreciating their spirit he hoped that the amount ...

QESCO power station to remain closed on May, 19 QUETTA: Quetta Electric Supply Company (QESCO) will close its City Grid Stations including Shekh Manda Grid and Kharotabad Grid from May 19. This was announced by QESCO administration, the power of Shekh Manda Grid Station's PAF and Kharoatabad feeders will remain close from 11.00 am till 3.00 pm and Old Pashtoonabad Express feeders 12.00 am to 4.00 pm due to some repairing work inside the power station. Meanwhile, the power load shedding would be carried ...


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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln