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Dar chairs meeting on facilitating Pak-Iran trade ISLAMABAD: Finance Minister Senator Ishaq Dar Saturday stressed the need to build mutual confidence for overcoming the impediments in barter trade and commodity exchanges facilities between Pakistan and Iran.The Finance Minister said that during the Prime Minister's visit to Iran, both the sides had reaffirmed their commitment that while remaining within the ambit of UN sanctions, mutual trade and cooperation will be enhanced with barter trade and commodities exchange mechanism.Chaired an inter-ministerial meeting on facilitating Pakistan-Iran trade, within the ambit of UN sanctions, at the Finance Ministry, he said that "we need to build mutual confidence to overcome the impediments in barter trade and commodity exchanges facilities enabling the two countries to benefit from their proximity and neighbourhood".The Finance Minister said that "we need to clear the impediments in mutual trade before the holding of Joint Economic Commission which is scheduled in this quarter".The two sides will discuss about 50 ...

Cotton growers advised to remove weeds MULTAN: Agriculture experts have advised growers to remove weeds from cotton fields immediately to save the crop from attack by white fly, mealy bug, armyworm, and leaf curl virus.Weeds should also be removed from around the cotton fields so that they do not consume the food meant for cotton plants and do not serve as a habitat for cotton enemy pests, says a release issued by the media liaison unit of the Punjab agriculture department ...
Weekly Inflation goes up ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on July 3 for the lowest income group up to Rs. 8,000 registered increase of 0.67 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 205.48 points against 204.12 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering ...
Thousands of people take benefit from subsidy at USC ISLAMABAD: Thousands of people visit Utility Stores Corporation (USC) daily for taking benefit from the billions of rupees subsidy offered by the government on essential food items during the holy month of Ramzan.The shoppers at G-7 markaz Utility Store while talking to APP said that most of the people prefer utility stores for buying essential food items due to subsidized rates.They said that the prices of various food items at utility stores are comparatively less ...
Dar congratulates FBR team for achieving revenue target ISLAMABAD: Finance Minister Senator Ishaq Dar has congratulated Chairman Federal Board of Revenue (FBR) Tariq Bajwa and his whole team who have worked hard to achieve the target for revenue collection during the last fiscal year 2013-14."It is only due to the commitment, dedication and hard work of the whole team that only in one year there has been an increase of over 16 percent in tax collection which is unprecedented in the history of ...
Gold imports decline by 43.48pc in 11 months ISLAMABAD: The gold imports during the first 11 months of the outgoing fiscal year 2013-14 plunged by 43.48 percent as against the same period of last year.According to data revealed by Pakistan Bureau of Statistics (PBS), during the period under review, 4,177 kilogram of yellow metal worth of US$ 172.950 million was imported as compared to the import of 5,740 kg valuing $306.005 million during July-May 2012-13.The overall imports of metal group, registered a decrease ...
CPI-based inflation up by 8.22pc in June ISLAMABAD: The country's Consumer Price Index (CPI) based inflation rate during June 2014 increased by 8.22 percent as compared to that of June 2013.On month-on-month basis, the CPI inflation increased by 0.61 percent in June 2014 compared to May 2014, said Asif Bajwa, Secretary Pakistan Bureau of Statistics while addressing a press briefing here Tuesday.Talking to media persons, he said that the average inflation rate during the year 203-14 increased by 8.62 percent over same ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln