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Shahbaz directs IGP to take action against perpetrators LAHORE: Chief Minister Punjab Muhammad Shahbaz Sharif taking notice of Badami Bagh incident directed the IG Police to take prompt action against the persons involved in it and all necessary steps for the protection of affectees. On receiving information regarding Badami Bagh incident, the CM cancelled all his engagements and immediately convened an emergent meeting about this incident. The Chief Minister cancelled the dinner to be hosted in honour of contractors and officials of concerned departments regarding construction of metro bus project and sent all meal to the affectees. Later, during a press conference, the Chief Minister informed the media about the decisions taken in the meeting for rehabilitation of the affectees. <Center><b><i>Copyright APP (Associated Press of Pakistan), 2013</b></i></center> ...

Sindh Chief Minister condemns Peshawar bomb blast     KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has condemned the terrorist attack at a mosque in Peshawar which claimed the lives of six innocent persons and caused injuries to many others.   In a statement, the CM termed the terrorist attacks on mosques and other places as inhuman.   He sympathised with the bereaved families and prayed to Almighty Allah for rest to the departed souls and early recovery of the injured persons.   Copyright APP (Associated Press of Pakistan), ...
Imran Khan announces second Shaukat Khanum hospital PESHAWAR: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan said on Saturday that he was planning to open a second Shaukat Khanum Memorial Cancer Hospital, this time in Peshawar. Addressing an event in Peshawar, he said, “When we were building the first Shaukat Khanum, we needed Rs170 million. There was a lot of pressure, hence I had decided to quit cricket to focus solely on the hospital. But the board of directors of Shaukat Khanam Hospital convinced ...
Prime Minister condemns Peshawar bomb blast ISLAMABAD: Prime Minister Raja Pervez Ashraf Saturday condemned the bomb blast targeting a mosque in Peshawar, resulting into the loss of precious human lives.In a statement, the Prime Minister said that martyring innocent people at a sacred worship place like mosque reflects the brutality of the terrorists and their action is against the teachings of Islam.The Prime Minister said that such acts of terror cannot weaken the nation's resolve to wipe out terrorism from the ...
Buildings damaged in Abbas Town blast to be reconstructed: Ebad KARACHI: The buildings that were damaged in the recent Abbas Town blast would be reconstructed.Sindh Governor Dr. Ishrat-ul-Ebad Khan, has issued directives for the reconstruction of the damaged buildings at the earliest.He said that the cost of reconstruction of these buildings would be borne by the Government of Sindh.The Governor pointed out that funds would be made available in the special accounts for the Commissioner in a few days' time.He said that for the construction ...
Karachi High School students excel in Cambridge Examinations KARACHI: The students of Karachi High School excelled in the Cambridge International Examinations.An official of the school said here on Saturday that the University of Cambridge International Examinations (CIE) announced the names of the Outstanding Cambridge Learner Awards for Pakistan and that two students- Sharjeel Sabeeh and Muhammad Ismail of Karachi High School (KHS) were declared `Top in Karachi'.Over 260 students from across Pakistan will receive awards for exceptional performance in the IGCSE Ordinary and ...
President inaugurates development projects in Sindh     KARACHI: President Asif Ali Zardari inaugurated two road projects and announced the launch of yet another communication project and a power plant in Sindh at a ceremony held at the Chief Minister House here on Friday.   The two road projects inaugurated are Hyderabad - Mirpurkhas Dual Carriageway and Jhirk Mulla Katiar Bridge while the new projects announced included one kilometer long bridge directly connecting the districts of Thatta and Tando Mohammad Khan and 100 MW power project at Nooriabad, in Sindh.   The inauguration ceremony ...


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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