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Economy improving due to govt polices: Zubair ISLAMABAD: State Minister for Privatization Muhammad Zubair has said that the national economy was improving due to prudent polices introduced by Pakistan Muslim League Nawaz (PML-N) government.Talking to a private TV channel here on Tuesday, he said foreign investors were investing huge amount in various sectors including energy.Muhammad Zubair said PTI has right to hold peaceful protest as it held in Fasilabad and Lahore, adding the government had not created any barriers in these rallies. He hoped that PTI would hold long march in peaceful environment.He said independent judiciary is working in the country and urged PTI to go to election tribunal for verification in four constituencies, adding tribunal had given its decisions on various constituencies in which majority was against PTI.State Minister said the government had formed election reform committee and its members belonged to different political parties.Copyright APP (Associated Press of Pakistan), 2014 ...

Surgical instruments exports fetch US$ 1.35bn in five years ISLAMABAD: The exports of surgical instruments have contributed US $ 1.35 billion to national exchequer during last five years.The amount of foreign exchange earned from surgical instruments exports was US $ 253.5 million during 2008-09 and reached US $ 303.5 million mark in 2012-13.The exports of such items also fetched US $ 229.2 million in 2009-10, 260.6 million in 2010-11 and US $ 303.94 million during 2011-12.A data issued by Commerce Division on Wednesday revealed ...
PTI agitation will affect economy: FPCCI chief KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zakaria Usman has expressed concern over Pakistan Tehrik-e-Insaf's protest plans for August 14, saying that it will have negative impact on country's reviving economy.Talking to APP here on Tuesday, he said political instability will harm positive economic and investment climate in the country.Some politicians after putting behind national interests are taking such steps which may destabilise economic environment and increase the problems ...
Illicit cigarettes trade causes loss of Rs.80bn ISLAMABAD: The country has lost Rs. 80 billion in last five years due to illicit trade in cigarettes and is expected to lose another Rs. 100 billion in the next five years.According to Euromonitor International, a global research agency, Pakistan, the penalties for the sale of smuggled cigarettes included confiscation of such cigarettes, fine up to Rs. 50,000, recovery equal to 500% of unpaid taxes and the imprisonment up to five years.However up till now ...
Pak India Joint Business Forum to meet in India on Aug 7 ISLAMABAD: The task force of Pakistan-India Joint Business Forum will meet in New Delhi on August 7 for two-day to explore the possibilities for the promotion of auto, engineering and agriculture sectors between the two countries.Pakistan Business Council sources told APP Tuesday that the two task force meetings will be followed by 4th special meeting of the PIJBF on August 08.Pak delegation is also scheduled to visit Pak high commission in New Delhi on August ...
CPI-based inflation up by 7.9pc in July ISLAMABAD: The country's Consumer Price Index (CPI) based inflation rate during July 2014 increased by 7.9 percent as compared to 8.2 percent in the previous month and by 8.3 percent in July 2013.On month-on-month basis, the CPI inflation increased by 1.7 percent in July 2014 as compared to 0.6 percent in the previous month and 2.0 percent in July 2013.The Wholesale Price Index (WPI) and Sensitive Prices Index (SPI) in July increased by 6.6 percent ...
Unilever launches KARACHI: Unilever has partnered with to become the first organization in Pakistan’s FMCG sector to offer an online retail solution for customers. As part of this collaboration, consumers will be able to purchase a large variety of Unilever’s beauty and personal care products from the online portal.The initiative is part of Unilever’s global e-commerce vision that focuses on increasing revenue share from e-commerce.Pakistan has been identified as a high potential market because of the ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln