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Weekly inflation posts nominal increase of 0.20pc ISLAMABAD: The weekly inflation for the week ended on April 2 for the lowest income group up to Rs 8,000 witnessed nominal increase of 0.20 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 200.00 points against 199.61 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 17 urban centres and 53 essential items for all income groups and combined.Meanwhile, the SPI for the combined income group was also increased by 0.46 percent as it went up from 206.78 points in the previous week to 207.74 points in the week under review.Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review decreased by 2.34 percent.As compared to the last ...

HCCI's plea to government HYDERABAD: Hyderabad Chamber of Commerce and Industry (HCCI) urged the government to resolve various issues hampering business activities in the city and its adjacent areas. Senior Vice President HCCI, Turab Ali Khawaja said this while talking to trainees officers of Civil Service Academy here on Wednesday. Copyright APP (Associated Press of Pakistan), 2015 ...
CPI-based inflation witnessed nominal increase of 0.2pc ISLAMABAD: Consumer Price Index (CPI) based inflation rate during March, 2015 witnessed a nominal increase of 0.2 percent as compared to the decrease of 0.9 percent in the previous motnth.On year-on-year basis, the CPI inflation general increased by 2.5 percent in March, 2015 as compared to same month of last financial year.According the data of Paksitan Bureau of Staticitcs (PBS), SPI inflation on year on year basis (YoY) decreased by 1.9 percent in March 2015 ...
District Food dept to procure 227,000 metric tonne wheat MULTAN: District Food department has set a procurement target of 227,000 metric tonne wheat from the district.This was disclosed by District Food Controller (DFC) Ejaz Sial while talking to APP here Wednesday. He said, the department had completed all arrangements to procure wheat from the farmers.He informed, 16 centres had been established in the district to procure wheat. He further stated that wheat procurement campaign would start from April-22.Copyright APP (Associated Press of Pakistan), 2015 ...
Kuwaiti investors keen on energy, food security sector LAHORE: Kuwaiti investors' delegation here Tuesday called on Punjab Chief Minister Muhammad Shahbaz Sharif and expressed keen interest in investment in energy, food security and other sectors. During the meeting, the Chief Minister said, Pakistan was facing severe energy crisis that had badly affected education, health, agriculture as well as other sectors, adding, the PML-N government made sincere and unprecedented efforts overcome energy shortage. He said, facilities were being provided to investors in energy sector ...
WTO members appreciate Pakistan's economic policies ISLAMABAD: A number of members of World Trade Organization (WTO) have lauded Pakistan government's policies, which have resulted in putting the economy back on track.During the Trade Policy Review held in Geneva on March 24, they appreciated the government's economic performance in last two years. They were of the view that Pakistan's economy had shown remarkable resilience in the wake of security situation, devastating floods and energy shortages, said a message received here from Geneva ...
LCCI concerned over power outages LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Monday expressed concern over unscheduled electricity load-shedding in Lahore Township Industrial area. Talking to a delegation of Lahore Township Industrial Association (LTIA) here, LCCI President Ijaz A Mumtaz said the power outages might cause closure of industrial units. Most of industrial units had already reduced their working to single six-hour shift from three shifts system, causing increased level of raw-material wastage, leaving production process non-profitable. Copyright APP ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln