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CM announces Rs170mn for Chaghi power project CHAGHI: Chief Minister Balochistan, Dr. Abdul Malik Baloch has announced Rs 170 million for the power project to be initiated in Chaghi district of Balochistan. Balochistan government spokesman Jan Buledi told APP that the CM has approved power project for Nokundi area of Chaghi district."The amount has been earmarked from the social fund of the Saindak project," he maintained. Jan Buledi further said that work on the uplift scheme would soon start. Copyright APP (Associated Press of Pakistan), 2015 ...

Chinese President's sentiments for Pakistan extraordinary ISLAMABAD: Federal Minister for Climate Change, Senator Mushahid Ullah Khan Tuesday said that sentiments expressed by Chinese President. Xi Jinping for Pakistan in his speech to joint parliament session were extraordinary.Talking to media outside the Parliament, he said, China always extended support to Pakistan in difficult times.He said that China-Pakistan Economic Corridor (CPEC) project had great importance adding that the project would change the lives of Pakistani people.Mushahid Ullah Khan said that Chinese President had ...
LCCI for more efforts to overcome energy shortage LAHORE: Lahore Chamber of Commerce & Industry (LCCI) here Tuesday urged the government to utilize all available resources to overcome electricity shortage as deepening energy crisis was hitting growth of manufacturing sector hard. The LCCI Vice President Syed Mahmood Ghaznavi said that dependence on conventional resources for energy generation was one of the biggest reasons of energy crisis, while the country had the potential to generate more than 100,000 MW electricity through wind and solar ...
Pak-China can play effective role to ensure peace in region: Malik ISLAMABAD: Senior leader of Pakistan Peoples Party Rehman Malik on Tuesday said that Pakistan and China can play effective role to ensure peace in the region.Talking to media outside the parliament, he said "Pakistan and China has great importance in the region and visit of Chinese President to Pakistan would further cement bilateral ties between the two states".Rehman Malik said, Chines President during his speech in the joint session of the Parliament had acknowledged the ...
Shafqat terms visit of Chines president to Pakistan historical ISLAMABAD: Senior leader of Pakistan Tehreek-e-Insaf Shafqat Mehmood on Tuesday termed Chinese President's visit to Pakistan as historic event.Talking to media persons outside the Parliament House he said that Pakistan-China Economic Corridor was a greatest reward for the nation and country.He said that Pakistan has a bright future and the Pakistan- China Economic Corridor (PCEC) would bring development in the region.Shafqat Mehmood said during the visit billions of dollar projects had been signed. "It was ...
Chinese President's visit to usher in new era of progress: Pervaiz Khattak ISLAMABAD: Chief Minister Khyber-Pakhtunkhwa Pervaiz Khattak on Tuesday said that Pakistan has great respect for Chinses leadership and Xi Jinping's visit would add yet another magnificent chapter to deep rooted partnership between the two countries.He said the visit of Chinese President would help in ushering a new era of progress and prosperity of the country.Talking to APP outside the Parliament House, he said the agreements worth billions of dollars inked between China and Pakistan would ...
ANP happy with Pak-China mounting relations PESHAWAR: A delegation of Awami National Party (ANP) which met with Chinese President XI Jinping at Islamabad on Tuesday expressed pleasure over the mounting relationships of both the countries.The delegation included party's senior vice president Bushra Gohar, member central committee, Afrasiyab Khattak and others. The delegation welcomed initiation of economic corridor between Pakistan and China and said it would help eliminate the scourge of terrorism and enhance solidarity in the region.The leaders of the ANP ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln