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Food group exports increase 8.56pc, 22.40pc in February ISLAMABAD: Food group exports from the country during first eight months of current fiscal year increased by 8.56 percent when compared to the exports of the corresponding period of last year.According the data of Pakistan Bureau of Statistics (PBS), during the period from July-February (2013-14), food exports were recorded at $3.147 billion against the exports of $2.899 billion in July-February (2012-13),According to breakup figures, exports of rice during the period under review increased by 22.56 percent to $1,450.038 million as compared to the exports of $1,183.103 million.Exports of fish and fish preparations increased by 11.31 percent by going up from $199.789 million last year to $222.376 million this year while the exports of fruits increased from $275.405 million to $338.248 million, showing an increase of 22.82 percent.The exports of vegetables during the first eight months of current fiscal year increased by 10.90 percent as compared to the same period of ...

Poultry prices to come down gradually: Chairman PPA ISLAMABAD: Chairman Pakistan Poultry Association (PPA), Dr Hassan Sarosh Monday said that the recent hike in poultry products prices was temporary and it would gradually come down by mid April 2014."The weather is expected to get better and there are high chances that the gap between demand and supply would reduce, hence result in fall of chicken prices in the open market," Sarosh told APP while commenting on the increasing poultry products.It is pertinent to ...
Abdullah Zaki to represent KCCI in FBR's tax advisory council KARACHI: President, Karachi Chamber of Commerce and Industry, Aamir Abdullah Zaki will represent Karachi Chamber in the tax advisory council formed by Federal Board of Revenue (FBR). The tax advisory council has been formed to seek proposals on new taxation measures, provide necessary input on different tax policy matters, suggest ways and means to expand the tax base and propose legislation for making tax compliance law more effective, said a KCCI release here on Friday. ...
Plastic, printing, food equipment exhibition ends at mixed note KARACHI: The exhibitors at three-day 10th international exhibition of plastic, printing, packaging and foodequipment and technology, which concluded here on Thursday, called for its proper projection and marketing to make this exhibition as a real trade promoting tool.The majority of 350 stall-holders of 200 companies including 75 foreign companies while talking to APP correspondent, who gathered their feed-back on the 3rd and last day of the exhibition, said this event should have been properly organized ...
Weekly inflation up by 0.51pc ISLAMABAD: The Sensitive Price Indicator (SPI) for the week, ending on March 20 for the lowest income group up to Rs.8,000 registered an increase of 0.51 per cent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 204.34 points against 203.31 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, ...
Delay in issuance of refund tantamount to maladministration: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in issuance of refund was tantamount to maladministration under Section 2(3)(ii) of the FTO Ordinance.On his findings FTO in a refund claim case recommended the Federal Board of Revenue (FBR) to direct the Chief Commissioner to issue refund due, in accordance with law; and report compliance within 30 days.According to the findings and recommendations of the FTO a complainant M/s Radian Glass (Pvt) Ltd ...
3rd Pak China Business Forum 2014 commences on Friday ISLAMABAD: COMSATS Institute of Information Technology (CIIT) is organizing 3rd Pak China Business Forum-2014 from March 21-24 to promote University - Industry collaborations in business and economic sectors for mutual benefit of both the countries.More than 20 Chinese companies will arrange stalls on the occasion and MoUs will also be signed between various organizations.Research and Development organizations and universities, public sector, private sector, local and international visitors will also participate in Business forum.CIIT also organized ...


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