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Pak set to meet bumper white gold production as arrivals reach 14.7 million bales MULTAN: Country's white gold production may touch the highest mark since 1947 as arrivals of seed cotton (Phutti) at ginneries across Pakistan reached 14.7 million bales till Mar 1, 2015 with picking of cotton was still in progress.The year 1991-92 was the first cotton season when country had witnessed a bumper yield of just over 12.8 million bales, a record that was broken in 2005 and in 2012 when production crossed 14 million bales of cotton, according to PCGA statistics.The recent fortnightly report of Pakistan Cotton Ginners Association (PCGA) issued here Tuesday say that the total arrival of seed cotton (Phutti) at ginneries across the country was recorded at 14.7 million bales till Mar 1, 2015. The development triggered optimism that country might touch 15 million bales mark for the first time ever in Pakistan as the cotton picking was still in progress and would continue for another month.According to ...

China to import $4 to 5 million jewellery from Pakistan KARACHI: Gems and Jewellery Trade Association of China (GJTAC) here signed memorandum of understanding (MoU) with All Pakistan Gems and Jewellery Association (APGJA for import of jewellery and gems from Pakistan valuing dollars 4 to 5 million.The MoU, signed at Expo Centre Karachi on Friday, the second day of 9th ExpoPakistan 2015, is aimed at promoting Pakistan's gems and jewellery in China and for transfer of technology to Pakistan by providing modern machinery for precious ...
Govt urged to pay ST refund immediately KARACHI: Chief Executive Trade Development Authority of Pakistan (TDAP) S.M.Muneer has said that the business community can convert the mud into gold as Pakistan is very rich in natural resources. Situation is improving, however the government shall have to support the businessmen.Speaking at the first International Textile Conference & Awards 2015 here on Saturday, he urged the government to refund the sales tax (ST) to the businessmen without further delay."If the government refunds this amount ...
Up to $7mn fruits, vegetable exports orders expected from Expo KARACHI: Five to seven million dollars import orders for fruits and vegetable are expected to be received before the end of 4-day 9th Expo Pakistan 2015 that began on Thursday last at Expo Centre Karachi.Waheed Ahmed, Chairman, FPCCI Standing Committee on Fruits and Vegetable Exports, and Co-chairman, All Pakistan Fruits and Vegetable Importers, Exporters and Merchants Association talking to APP at the Expo on Friday said that fruits and vegetable exports have increased 15 percent ...
Weekly inflation down by 0.48pc ISLAMABAD: The weekly inflation for the week ended on February 26 for the lowest income group up to Rs. 8,000 decreased by 0.48 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 198.87 points against 199.82 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering ...
Sunflower to be cultivated over 87,000 acres in Punjab SIALKOT: Punjab government has formulated a plan for the promotion of sunflower and other oil seed crops in the province.Sources in Agriculture department here told APP on Friday that under the programme over 87,000 acres of land would be brought under Sunflower cultivation in various areas of Punjab.In Sialkot district, Sunflower will be cultivated on over 2000 acres, sources added.Agriculture department has directed the growers to use only recommended and authenticated seeds for obtaining maximum ...
TDAP measures helped to increase surgical exports SIALKOT: Chairman Surgical Instruments Manufacturers Association of Pakistan (SIMAP), Tahir Ashfaq Friday said that export of surgical instruments has increased considerably due to effective measures adopted by Trade Development Authority of Pakistan (TDAP), alongside individual efforts of local business community."A delegation of surgical manufacturers and exporters will visit South Africa in May this year for exploring the market and assessing the demand of surgical instruments", he disclosed.In an interview with APP, he said TDAP was ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln