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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 footballs, exports of which increased by 15.05 percent during the period under review compared the last year.The football exports reached to $40.705 million in 2014-15 compared to the exports of $35.380 million during the last year, the data revealed.Similarly, the exports of gloves increased from $27.776 million in 2013-14 to $28.738 million in 2014-15, showing a growth of 3.46 percent.However, the exports of all other sports products decreased by 31.57 percent by falling from $18.371 ...

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 ...
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 ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln