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TDAP eyes $50bn exports in next 2 or 3 years KARACHI: Trade Development Authority ( TDAP) is taking various practical measures to increase Pakistan's exports to 50 billion dollars in next two or three years.Last year, the total exports of the country amounted dollars 24 billion. This year till date, Pakistan have made eight percent more exports against the last year's total exports. This was informed to media by Chief Executive Officer TDAP, S.M. Muneer after chairing a meeting with representatives of fruit and vegetable exporters association, fruit growers, plant protection department and fruit processing units, here in his office on Monday.He said that besides re-structuring of TDAP, the competent and committed Commercial Counselors would be appointed who can deliver to the country by helping get more share in regional and international markets. "I have suggested for appointment of very good Commercial Counselors. They should stay on the posts only on the basis of their performance," he remarked. TDAP's CEO ...

SECP to transform regulatory culture in Pakistan: Tahir Mahmood ISLAMABAD: Chairman, Securities and Exchange Commission of Pakistan (SECP) Tahir Mahmood on Monday said that the SECP is reviewing and amending a number of regulations and rules such as, Insurance Ordinance 2000, Securities Act 1969, SECP Act 1997,Companies Ordinance 1984 and rules for Real Estate Investment Trusts (REITs).The goal behind this exercise is to have smooth, efficient and speedy processes, and to lay down a scheme of regulation that is fair, open, and transparent, said ...
Wheat procurement campaign begins from April 15 ISLAMABAD: Wheat procurement campaign starts from April 15 in Punjab.A procurement target of 3.5 million metric ton has been set in the province for year 2014.For this purpose, the government has decided to set up complaint centers at tehsil, district and province levels to redress the grievances of wheat growers.According to Radio Pakistan quoting official sources these centers would fully and promptly respond to growers and ensure protection of their rights.A citizen feedback system, digital ...
Munir Sultan appointed Chairman FPCCI standing committee KARACHI: President FPCCI Zakarya Usman has appointed Munir Sultan as Chairman FPCCI standing committee for urban development for the term 2014.His nomination is reflective of the confidence reposed in him by the President FPCCI and the private sector of the country, said a statement from Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here on Friday.Munir Sultan has vast experience in the field of construction, where he is associated with Kay Kay Group of ...
Economists hail lifting of ban on temporary appointments ISLAMABAD: Economist Dr. Shahid Hassan Siddiqui has said that lifting of ban on temporary/contract employments in the government departments is a good decision.Talking to Radio Pakistan, he said that manifesto of PML-N vowed to grant job opportunities to the people and aforementioned decision was in line to fulfil this promise.He said that two million youths could be provided employment opportunities every year if our economy attains the growth rate of 8% annually.Economist Dr Salman Shah ...
Govt giving importance to agri sector: minister LAHORE: Punjab Agriculture Minister Dr Farrukh Javed Tuesday said that ultra modern techniques were being introduced in agriculture sector to obtain better yield."Provincial government is pursuing a comprehensive agenda to raise living standard of farmers," he told APP.The minister said that the government was attaching high importance to the promotion of agriculture, livestock and oil seeds sectors. He said, since Punjab was considered as food basket, latest machineries were being imported to double the agri ...
Complete early Bt cotton sowing in April to meet over 10mn bales target MULTAN: Agriculture experts have advised growers to complete sowing of early Bt cotton varieties within the ongoing month of April to meet cotton production target of 10.5 million bales from an estimated six million acre in Punjab in the year 2014-15.In a press release issued by media liaison unit of Punjab agriculture department, experts said growers should ensure per acre plant population at 175,00 to 23000 for sowing in April and adopt modern agronomic practices ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln