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Japanese envoy stresses on consistency of policies KARACHI: The Japanese Ambassador to Pakistan, Hiroshi Inomata, has stressed the need for consistency in the government policies and better governance.Speaking at the interactive talk on "Economic relations between Pakistan and Japan" organized here by the Pakistan-Japan Business Forum (PJBF), he elaborated upon various important projects such as in the energy, infrastructure and social sectors which is aimed to help the common man in Pakistan.On the Overseas Development Assistance (ODA) to Pakistan, Ambassador Inomata indicated that as of 2012, an amount of Yen 1,273 billion was dispersed to Pakistan with 976 billion in loan, 249 billion in grant, and 48 billion in Technical Cooperation.As to further investment, he pointed out the anomalies that need to be addressed and indicated that Japanese Association of Commerce and Industry (JACI) has put together a proposal to be discussed with the Government of Pakistan which also included Automobile Industrial Policy and Tax Issues.He was ...

Pb govt approves four development schemes LAHORE: The Punjab government on Monday approved four schemes of various development sectors with an estimated cost of Rs 4883.133 million.These schemes were approved in the 25th meeting of Provincial Development Working Party of current fiscal year 2014-15 presided over by the Punjab Planning and Development Board Chairman, Muhammad Irfan Elahi.The approved development schemes included: two schemes of Urban Development Sector named as Provision of Sewerage System for UC-117, 118, & 120, Lahore at the ...
Anti-polio drive to vaccinate around 270,000 children kicked off DI KHAN: The three-day anti-polio campaign was kicked off here Monday to administering oral polio vaccine to around 270,000 children aged upto five years, across the district. "Elaborate arrangements were made to prevent children from the crippling disease of polio through administration of anti polio drops," told District Health Officer(DHO) Dr Omar Shah media persons. He said over 600 teams had been constituted including mobile and fixed teams to give polio drops to children at ...
4 children injured in gas cylinder blast QUETTA: Four children sustained injuries in a gas cylinder blast in Pashtoonabad area of the provincial capital, here on Monday. Police said that an explosion occurred due to gas leakage from the cylinder, leaving four children injured."Gas filled in the room due to leakage from the cylinder and explosion took place when one of the child tried to light the gas stove," police said. All four injured were rushed to Civil hospital.They were identified as ...
CAA to complete renovation work at Islamabad Airport by Jan 2015 ISLAMABAD: The Civil Aviation Authority (CAA) will complete the ongoing renovation, expansion and development work at Benazir Bhutto International Airport (BBIA) Islamabad by January 2015.Talking to APP, the CAA spokesman, Mubarak Shah said here on Monday that the authority was making all possible efforts to enhance the parking area, expand the international departure briefing area and create space for installation of latest security equipments, and extra passengers' check-in counters.He said that the BBIA is facing ...
Balochistan Assembly session likely on Nov 27 QUETTA: Balochistan Assembly session is likely to be summoned on Nov 27, assembly sources said on Monday. Law and order situation in Balochistan, besides other issues are on main agenda, the sources further added. Copyright APP (Associated Press of Pakistan), 2014 ...
Attack on polio team in Charsada condemned ISLAMABAD: The Prime Minister's Focal Person on Polio Eradication Ayesha Raza Farooq on Monday strongly condemned the attack on the polio team in Charsada, Khyber-Pakhtunkhwa.In a statement, she said that the team was performing a noble task of protecting children from life crippling disease, adding, those harming the health workers are enemies of Pakistan and the entire humanity.The government's resolve is stronger than ever before to wipe out the crippling disease and every Pakistani must ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln