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Senate body directs FIA to complete inquiry without further delay ISLAMABAD: Senate Standing Committee on Petroleum and Natural Resources on Friday directed Federal Investigation Agency (FIA) to complete inquiry against Pakistan State Oil as soon as possible.The committee met here at Parliament House, chaired by Senator Muhammad Yousaf. Deputy Chairman Senate Sabir Ali Baloch, who is also member of Senate Committee, Senator Rozi Khan and Senator Abdul Nabi Bakhsh also attended the meeting.Secretary Ministry of Petroleum and Natural Resources, Managing Director PSO, representative of FIA, Establishment Division and National Accountability Bureau were also present in the meeting.Members of the committee said that the prolonged inquiries affecting the smooth work of the departments, adding that "if FIA has proof against PSO, they should be made public otherwise the case would be closed". The committee also directed the FIA to complete the inquiry within two months.Earlier, Establishment Division officials briefed the committee regarding the appointment of incumbent Acting MD Pakistan State Oil.FIA ...

LHC dismisses petitions against PCB constitution LAHORE: The Lahore High Court Friday dismissed petitions against the Pakistan Cricket Board (PCB) constitution and also imposed a fine of Rs. 100,000 on a petitioner.The single bench comprising Justice Shahzada Mazhar was hearing the petitions filed by Tariq and Haseeb Ullah.Earlier, the petitioners' counsels questioning various sections of the PCB constitution submitted that the new constitution empowered board governing body to do delimitation of constituencies for elections. They alleged that the governing body usually ...
Govt forming policy to reduce costs of production: Bosan ISLAMABAD: Minister for National Food Security and Research Sikandar Bosan on Friday informed the National Assembly that the government is in the process of formulating a policy envisaging measures to reduce the cost of production of different crops.Replying to points raised by Leader of the Opposition Syed Khursheed Shah, he said the Prime Minister has constituted a committee in this regard.The Minister said the policy will be prepared in consultations with the Chief Ministers of ...
Fish sale on the rise in twin cities ISLAMABAD: As winter season has started gripping the country, a great surge is being witnessed in the sale of fish in Rawalpindi and Islamabad.A number of vendors had set their outlets in every nook and corner of the twin cities and offering fried fishes to cash the winter season.The fish stalls were crowded with the men, women and children who come to these outlets to hit the cold with the dish of fish.The fish supply ...
Govt committed to assist NSF: Pirzada ISLAMABAD: Minister for Inter-Provincial Coordination Riaz Hussain Pirzada Friday said that the government is committed to provide maximum financial and administrative support to the National Sports Federations (NSF) for promotion of their respective games.During Question Hour in the National Assembly, Riaz Pirzada said the government through Pakistan Sports Board (PSB) was providing financial assistance to the affiliated NSF in the shape of annual grants to meet their day-to-day requirements besides special grants for participation in ...
Rs20mn released for computer labs FAISALABAD: The government has released Rs 20 million for establishment of computer labs in three colleges of Faisalabad division. A spokesman of the education department said that computer labs would be set up in Government College Khurarianwala, Government College Chiniot and Government College Athara Hazari.Copyright APP (Associated Press of Pakistan), 2014 ...
Tank peace committee chief narrowly escape bomb attack TANK: The Chief of Tank Peace Committee, Gul Salam Bhaitani narrowly escaped a bomb attack on Tank-Wana Road here on Friday morning.According to Police, Gul Salam was going to Tank-Wana Road for some work when his vehicle was targeted with an improvised explosive device (IED) planted in bicycle on roadside. However, he narrowly escaped. The vehicle damaged in the remote-controlled blast. Police rushed to the spot and cordoned off the area and started search operation.Copyright ...


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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