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US drone hits 'counterproductive' in fighting terrorism, and must end: Pakistan UNITED NATIONS: Reaffirming its stand that US drone strikes were counterproductive in combating terrorism, Pakistan on Monday called for an immediate end to such attacks on its soil to avert more civilian deaths and injuries."The use of armed drones against Pakistan's tribal territory violates international law by infringing our sovereignty and territorial integrity," Ambassador Masood Khan, Pakistan's permanent representative to the UN, told the General Assembly's Third Committee, which deals with social, humanitarian and cultural issues."Moreover, there is no justification for these strikes because Pakistan is pursuing with full vigour the Zarb-e-Azb operation to take out terrorists and dismantle their networks," he said while participating in a discussion on the annual report of the Geneva-based Human Rights Council.The Pakistani envoy said civilian casualties resulting from drone-strikes incite public sentiment and radicalize more people and were, therefore, counterproductive."Armed drone strikes have a devastating impact on individuals, children, families and communities in ...

Bomb targeting school bus kills two in Nisti Kot PESHAWAR: An 11-year-old boy died in a bomb attack on a school bus in Nisti Kot tribal area, which also killed the driver, officials said on Tuesday. The bombing took place in the Nisti Kot area of the Upper Kurram tribal district."An 11-year-old boy and the driver of the school van were killed when a bomb planted on a roadside exploded," local government official Shahid Ali told AFP.A seven-year-old girl was also wounded, he said, ...
Musharraf warns of proxy war with India in Afghanistan KARACHI: The departure of Nato combat forces from Afghanistan could push India and Pakistan towards a proxy war in the troubled state, Pakistan's former military chief General Pervez Musharraf warned in an interview with AFP.Pakistan's support is seen as crucial to Afghan peace as US-led forces pull out by the end of this year after 13 years battling the Taliban.But the former strongman said calming tension between India and Pakistan -- running high at the ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Monday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work.According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under:On 18 November 9 am to 2 pm, Raja Sultan, A-Block, Shaheed Muhammad, Liaqat Bagh, Industrial, Quaidabad, National Park, Chaklala, Model Town, River Garden, Mall Road, AFIC, Chairing Cross, Dk: Choudrian, ...
FESCO issues shutdown programme FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for necessary repair, maintenance and expansion of electricity lines. According to the programme issued by the company here on Monday, power supply from Ashrafabad feeder emanating from 132-KV Nishatabad grid station will remain suspended from 9am to 1pm while all feeders of 132-KV Chitiana grid station will observe shutdown from 6am to 10am on Tuesday (November 18). Similarly, electricity supply from all feeders of ...
Governor for extending dental degree education to five-year KARACHI: Sindh Governor Dr. Ishrat-ul-Ebad Khan has underlined the need for extending dental education period from four years to five years to make it acceptable at the international level.The Governor, presiding over the first meeting of the senate of the Jinnah Sindh Medical College at the Governor House here on Sunday, said that he would soon convene a consultative meeting of all the dental educational institutions to prepare five years' syllabus for the dental education.He ...
Pervaiz demands immediate release of IDPs ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Saturday demanded the release of internally displaced persons (IDPs), who were arrested and sent to jail in Bannu.The minister, in a statement, appreciated Chairperson National Assembly Standing Committee on Information, Broadcasting and National Heritage Ms Marvi Memon's efforts and struggle for the oppressed IDPs.Instead of apologizing for its inefficiency and poor arrangements for distribution of relief goods, the Khyber Pakhtunkhwa government put the ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln