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US diplomat kills man in accident on 7th Avenue ISLAMABAD: A pedestrian was killed by an accredited U.S. diplomat in a road accident on Friday on 7th Avenue in the vicinity of Melody Market. The embassy employee's vehicle hit the pedestrian who died as a result of his injuries. Police took the vehicle into custody and detained the employee for some time for questioning. The US embassy in a statement extended its heartfelt condolences to the family affected by this tragedy. The statement said the embassy has the will and will continue to cooperate fully with the appropriate Pakistani authorities on the investigation. It further said that they will work through their local insurance company to address financial questions or concerns of those affected.Copyright INP (Independent News Pakistan), 2013 ...

PTI strongly object caretaker Govt's attempts to impose mini budget on people ISLAMABAD: Dr Shireen Mazari, Central Information Secretary PTI, Friday strongly objected to the Caretaker Govt's attempts to effectively impose a mini budget on the people of Pakistan, through GST, excise duties, raised electricity charges and so on - all indirect taxes aimed at burdening the common citizen even further!She stated that PTI categorically rejected this attempt by the Caretaker Government as it was not within their mandate to do so, especially when elections had been ...
Gunmen kill Nato driver in Landi Kotal PESHAWAR: Gunmen on Friday opened fire on a convoy of Nato containers in a northwestern Pakistani town near the Afghan border, killing a driver and wounding a helper, officials said.The attack took place at Shagai area, 20 kilometres (12 miles) southeast of Landi Kotal, the main town of the troubled Khyber tribal region."Gunmen opened fire from the nearby mountains on the convoy carrying Nato military vehicles after it entered Pakistan from Afghanistan and killed a ...
79pc Pakistanis think inflation increased in last three months ISLAMABAD: According to a Gilani Research Foundation Survey carried out by Gallup Pakistan, 79pc of Pakistanis think inflation has increased in the last three months; 46pc reduced spending in order to deal with it.A nationally representative sample of men and women from across the four provinces was asked "In your opinion, in the last three months, has inflation increased, decreased or remained the same?" Responding to this, 79pc said it has increased, 7pc said it ...
45 Indian fishermen released, handed over to authorities at Wagah border LAHORE: Pakistan on Friday as a goodwill gesture and on humanitarian grounds released 45 Indian fishermen from Karachi’s Malir Jail.It should be mentioned that Caretaker Prime Minister Mir Hazar Khan Khoso last week had directed the release of Indian fishermen who have already served their sentences.The authorities released a group of 45 prisoners from Malir Jail who later were boarded on a bus that brought them to Lahore where they were handed over to Indian ...
CD Shop owner killed in Quetta grenade attack QUETTA: Unknown assailants lobbed a hand grenade at a shop on Quetta’s Sariab Road on Friday killing its owner.The shop which dealt in CDs was located near the Awami petrol pump on Sariab Road.The owner of the shop who was initially injured in the attack was taken to a nearby hospital where he succumbed to his wounds.The proprietor Abdul Salam, was a resident of Quetta’s Ittehad Colony located on the provincial capital’s Kirani Road. Motives ...
Online sureties' verification system being evolved: SHC CJ KARACHI: Chief Justice of Sindh High Court (SHC) Justice Mushir Alam has said that the online verification system of sureties and securities is being evolved with the assistance of the Excise and Taxation Department for the convenience of the people.Speaking at a certificates distribution ceremony here on Thursday, the Chief Justice said that this system will help people who want to submit sureties in the shape of vehicles or property documents in connection with bails ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln