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Imported LNG will bring happiness in people's life ISLAMABAD: Senior analyst Nawaz Raza has said that 1100 megawatts electricity can be generated through imported LNG and resultantly the problem of power outage could be addressed to some extent.Talking to Radio Pakistan, he said there is a yawning gap between supply and demand of the petroleum products therefore prices of oil are high; however, government is committed to addressing this issue and the energy crisis too.He said that people should pay electricity and gas bills and provincial governments should also support federal government in this regard.Speaking in the program, analyst Zafar Iqbal said that the people would be facilitated when imported LNG would land in the country and it would also create an enabling atmosphere for the industries to increase their production in an environment of competition.He added there is need of change of mindset and culture to stop theft of gas and electricity, adding that laws should be ...

Filing of Income Tax return date extended till November 21 ISLAMABAD: The Federal Board of Revenue (FBR) on Friday decided to further extend filing of Income Tax return date from October 31 to November 21.Decision to this effect was made by the Federal Minister for Finance Senator Mohammad Ishaq Dar and Federal Board of Revenue after receiving a number of requests for extension in date of filing of Income Tax Returns for 2014. These requests were made by FPCCI, Provincial Chambers of Commerce & Industry, ...
KCCI President for trickle down effect of cut in POL prices KARACHI: President, Karachi Chamber of Commerce and Industry, Iftikhar Ahmed Vohra has appreciated the Federal cabinet's decision to significantly decrease the prices of petroleum products including petrol and diesel, and called for corrective steps at all levels to benefit the common man. Certainly, this decrease in POL prices can provide relief to the people in many ways. However, the provincial governments and other agencies concerned should also come ahead and ensure trickle down effect, he ...
Halal meat export reaches US $ 230.2mn mark ISLAMABAD: The export of halal meat has increased to US$ 230.2 million during fiscal year 2013-14 from US $ 211.1 million in same period last year, showing an increase of 9 percent.The export of other food touched US$ 4393.7 million mark as the export value of some food items like rice, fish, fruits and oil seed has increased whereas export value of vegetables, tobacco, wheat, sugar, spices witnessed decrease.As per break-up issued by Commerce Division ...
Food Security Minister to award scientists, mango growers, exporters KARACHI: An event will be arranged at the Department of Plant Protection here on Tuesday to recognize the contributions made by mango growers and fruit exporters of the country.Federal Minister for National Food Security and Research (NFSR), Sikander Hayat Khan Bosan will be chief guest at the Mango Star Award Ceremony.Organisers of the event said the agriculture scientists would be awarded for their role to address the issue of mango fly and contributing to the ...
1.1mn tons Kinnow yield expected SARGODHA: Almost 1.1 million tons kinnow produce is expected from the district this year.Talking to this scribe, Director Citrus Research Institute Altaf-ur-Rehamn said here on saturday that kinnow of Sargodha district was the best among citrus production which was being exported to almost thirty six countries.He said that although the yield was affected badly due to scab disease to kinnow plants due to floods and rains but modern methods are being used by the Citrus ...
Wheat growers urged to sow recommended varieties MULTAN: Wheat production could be yield by sowing recommended wheat varieties by the agriculture department at proper time, said agriculture information spokesperson.According to a handout issued by the agriculture department here on Saturday, the agriculture information spokesperson advised wheat growers of irrigated areas to start sowing of wheat varieties Lasani-2008, Faisalabad- 2008, RE-2011, Punjab-2011 and Millat-2011 from Ist Nov and could be sowed by Dec-10.Similarly, proper time of sowing of wheat variety Aas2011 would start ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln