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FPCCI welcomes India opening door for Pakistanis  KARACHI: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and India Pakistan Chamber of Commerce and Industry (IPCCI) have welcomed Indian Government's decision for opening the door for Pakistani's to make investment in India. In a statement issued here on Thursday, President FPCCI Haji Fazal Kadir Khan Sherani, former president SAARC Chamber Of Commerce and FPCCI, Tariq Sayeed and President India Pakistan Chamber of Commerce and Industry, and FPCCI , S.M. Muneer described to move very important to strengthen bilateral economic ties and economic cooperation which is in the interest of both the nations. President FPCCI Haji Fazal Kadir Khan Sherani said that it will definitely benefit Pakistani investors and industrialists. More important is, he said, when Indian authorities are going to lift ban on Indian investors to invest in Pakistan. Indian investors were interested for investing in various economic sectors of Pakistan, he maintained. He also suggested that both the countries should also ...

Qamar for better coordination to resolve Balochistan issue  ISLAMABAD: Defence Minister Syed Naveed Qamar on Thursday stressed the need for better coordination among the federal and provincial government to bring a positive change in Balochistan situation. Talking to media after a meeting of the Cabinet special committee on Balochistan with Chief Minister Aslam Raisani here he said that the meeting was held in a cordial atmosphere and viewpoint of the Balochistan CM was taken. He said during the meeting it was consensus that the federal ...
WAPDA generates 28.2bn units low-cost hydel power in FY 2011-12  ISLAMABAD: Pakistan Water and Power Development Authority (WAPDA) contributed 28,206 million units of low-cost hydel electricity to the National Grid in fiscal year 2011-12. The share of hydel generation in the overall system during the year ending June 30, 2012 registered 31 percent, while the rest of 69 per cent electricity was generated mainly through gas, residual furnace oil (RFO) and high sulpher diesel (HSD)-based thermal power plants, said a press release. How instrumental had been the ...
FPCCI weclomes India opening door for Pakistanis  KARACHI: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and India Pakistan Chamber of Commerce and Industry (IPCCI) have welcomed Indian Government's decision for opening the door for Pakistani's to make investment in India. In a statement issued here on Thursday, President FPCCI Haji Fazal Kadir Khan Sherani, former president SAARC Chamber Of Commerce and FPCCI, Tariq Sayeed and President India Pakistan Chamber of Commerce and Industry, and FPCCI , S.M. Muneer described to move ...
Trade, industry condemn POL price increase KARACHI: Trade and industry has widely condemned the cruel act of massive increase in petroleum products and CNG prices by the government.  In a statement Patron In-Chief Korangi Association of Trade and Industry (KATI) S M Muneer, Chairman Ehtesham Uddin, President All Karachi Industrial Alliance (AKIA) Mian Zahid Hussain, Vice Chairmen Hasham A Razzak, Tariq Malik and Chairman Press and Media Committee Syed Johar Ali Qandhari unanimously rejecting a big hike in POL prices they demanded ...
Tax returns for Tax Year 2012: FBR skips certain key issues  RECORDER REPORT ISLAMABAD: The Federal Board of Revenue (FBR) has skipped certain issues while finalising the tax returns for Tax Year 2012 notified vide SRO 848(I)/2012. A tax expert said here on Wednesday that the levy of surcharge u/s 4A of the Income Tax Ordinance, 2001 on certain categories of taxpayers and taxation of services liable to withholding tax u/s 153(1) (b) of the Ordinance @ 1% when affected under SRO 333(I)/2011 dated 02.05.2011 has been skipped ...
Bilour demands 2200MW electricity for KP  ISLAMABAD: Minister for Railway Haji Ghulam Ahmed Bilour Wednesday demanded of the federal government to enhance the electricity supply to Khyber Pukhtunkhwa from current 1300 megawatts to 2200 MW to cope with province's power needs. In this regard, the railways minister called on Minister for Water and Power Chaudhry Ahmed Mukhtar and conveyed people's sentiments on the situation created out of the prolonged power outages. He said KP province produces around 3200 MW of electricity but it ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln