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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 their ban on Eurpean Union's products.He stressed that export of poultry meat would also improve economic condition of poultry farmers. "Therefore, the government should pay heed towards evolving a processing system of poultry products by cooperating with the private sector".Responding to a question about the current low rate of poultry meat, he said that overproduction and Eid-ul-Azha when red meat is in vogue, might be the reasons of low rate of poultry meat.He said livestock ...

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 ...
Winter wear sale shoot up in twin cities ISLAMABAD: With the arrival of a cold wave, sale of new and used winter clothes shoot up as witnessed in different markets in the twin cities of Islamabad and Rawalpindi.The winter season, just at the corner, the recent showers and yesterdays gushing winds forced the people, especially the motorcyclist to put up wind breakers and jackets. Those who were caught up misway, preferred to buy afresh while others made early winter shopping."I have come here ...
Pakistani mangoes no more under observation by European Union: Khurram ISLAMABAD: Federal Minister for Commerce, Engr. Khurram Dastgir Khan has said that European Union has removed the yellow flag that they put on Pakistani mangoes at the start of the current mango season and now the Pakistani mangoes are no more under observation by the European Union.According to the details, last year, 237 consignments of Pakistani mangoes were rejected by the EU authorities mainly due to infestation with fruit fly.The situation was worse in case ...

 



 
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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