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Petroleum group imports down by 5.71pc in first quarter ISLAMABAD: Petroleum group imports in the country during first quarter of current financial year fell by 5.71 percent as compared to the same period of last financial year.Petroleum group import in the country came down from US$ 3.984 billion to US$ 3.756 billion during the period from July-September, 2014 showing a negative growth of 5.71 percent in their imports.According the data of Pakistan Bureau of Statistics (PBS), about 3,471,821 metric tons of petroleum products costing US$ 2.445 billion imported during the period under review as compared to imports of 3,394,633 metric tons of petroleum products valuing US$ 2.456 billion imported same period last year.The import of petroleum products during first three months recorded 0.42 percent decrease as compared to the imports of same period of last year, the data reveled.Meanwhile, the import of petroleum crude in the country also registered a decrease of 14.22 percent during first 3 months of ...

Exports of sports products witness positive growth in 1st quarter ISLAMABAD: The exports of sports products from the country witnessed positive growth during the first quarter of the current fiscal year compared to the corresponding period of last year.The sports goods worth $82.015 million were exported during July-September (2014-15) compared to the exports of $81.527 million in July-September (2013-14), showing a positive growth of 0.60 percent, according to the latest data of Pakistan Bureau of Statistics (PBS).The sports goods that contributed in positive growth included ...
Poultry has potential for its export to $2bn: VC LAHORE: Poultry products exports of the country can get a major boost if a proper processing system of is evolved on modern lines. This was stated by Vice Chancellor of the University of Veterinary and Animal Sciences (UVAS) Prof. Talat Naseer Pasha while talking to APP on Monday.He said that poultry products have great export potential, upto $ 2 billion per annum, particularly in middle and far east countries, central Asian states and Russia after ...
LCCI for priority gas supply to industrial sector LAHORE: The Lahore Chamber of Commerce and Industry on Friday urged the government to give top priority to the industrial sector in gas supply.In a statement, LCCI president Ijaz A Mumtaz said there was a need to reset priority list keeping in view the economic scenario.The LCCI president sought the prime minister's intervention and help for an equal and regular supply of gas to the all industrial sectors.He said electricity situation was already very alarming ...
SECP organises session on limited liability partnership ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the USAID held second session of a series of advocacy and consultative sessions here on Thursday.The session was attended by key stakeholders from the government, corporate lawyers, members of the bar association, members of the chambers of commerce, members from ICMAP and various faculty members from the academic institutions, said a press release issued here.Representative of USAID, Asif Chishti appreciated the efforts of ...
Trade deficit widens in first quarter ISLAMABAD: The country's trade deficit has expanded by 45.11 percent during the first quarter of fiscal year 2014-15 as exports decreased by 10.16 percent and imports increased by 12.01 percent as compared to the corresponding period of last year.According to Pakistan Bureau of Statistics, exports during July-September (2014-15) were recorded at $6.015 billion against $6.695 billion during July-September (2013-14).Imports during the period under review were recorded at $12.519 billion against $11.177 billion during the corresponding ...
Tax Reforms Commission meeting on Saturday ISLAMABAD: Tax Reform Commission would meet on October 18 (Saturday) to review the tax collection progress and addressing the issues to promote tax culture in the country.According to a statement issued by the Ministry of Finance here Wednesday Federal Minister for Finance, Senator Mohammad Ishaq Dar will chair the first meeting of the Tax Reforms Commission.The Commission was constituted last month with the resolve to facilitate the general public regarding tax issues and promoting tax ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln