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PSF to extend support in establishment of HRTC ISLAMABAD: Pakistan Science Foundation (PSF) will extend its full support to National Highway Authority (NHA) in the establishment of Highway Research and Training Centre (HRTC) through its network of experts, engineers and members of the technical committees.Both the partners will identify areas of research under joint ventures for mutual benefits and also exchange information relating to promotion of research for indigenous technology development for the benefit of the local industry.In this regard, PSF Chairman Prof. Dr. Manzoor H. Soomro and Executive Director HRTC Sabir Hasan signed Memorandum of Understanding (MoU) on the occasion of a Technical Seminar jointly organized by HRTC and Japan International Cooperation Agency (JICA).Experts from NUST, University of Engineering and Technology (UET) Taxila and other universities attended the seminar.PSF will help NHA to conduct seminars, conferences and exhibitions to promote and popularize issues related to Highway Research.Both the organizations will also launch joint research projects relating to ...

KP Governor condoles demise of MNA Mehrunisa Afridi PESHAWAR: The Khyber Pakhtunkhwa Governor Engr. Shaukatullah here Monday expressed his heartfelt condolence on the sad demise of Member National Assembly and former provincial president PPP Women-Wing.Khyber Pakhtunkhwa Mehrunisa Afridi who died due to protected illness last night.In his condolence message here, the Governor while expressing his deep sympathies with the members of the bereaved family, paid rich tributes to her social, human rights and political services for the country and termed her a seasoned ...
PM presents cheque of Rs1mn to founder of PAPJ Zahid Hussein KARACHI: The founder of Pakistan Association of Photojournalists (PAPJ), Zahid Hussein, called on Prime Minister Raja Pervez Ashraf at the Governor House here on Sunday.The Prime Minister presented a cheque of Rs one million in recognition of his services in the realms of photo journalism.Zahid Hussein informed the Prime Minister that he has 150,000 negatives of Shaheed Mohtarma Benazir Bhutto and 45,000 of Shaheed Zulfikar Ali Bhutto.He said that these pertain to various political and ...
Rs253mn spent to improve condition of railway stations ISLAMABAD: Pakistan Railways have spent more than Rs. 253 million during the period from March 2008 till date to improve condition of its stations including sanitation system throughout the country.The breakup of expenditure incurred on renovation and repair shows that the railway authorities spent Rs. 44.049 million at Karachi station during the period, Rs.7.983 million at Quetta station, Rs. 93.231 million at Sukkur station, Rs. 35.679 million at Multan station, Rs. 64.087 million at Lahore ...
Sindh CM briefed about new Hajj policy KARACHI: Federal Minister for Religious Affairs, Syed Khursheed Ahmed Shah briefed Sindh Chief Minister Syed Qaim Ali about the new Hajj Policy and arrangements made to facilitate the intending pilgrims during the Hajj.Syed Khursheed Ahmed Shah called on the Sindh CM at CM House here, said a statement on Sunday.Sindh Senior Minister for Education, Pir Mazhar- ul- Haq and Sindh Minister for Local Government, Agha Siraj Durrani were also present on the occasion.They also discussed ...
Fehmida Mirza visits over 20 villages          BADIN: As upcoming general elections are nearing and pre-election political activities start in the country, Speaker National Assembly Dr Fehmida Mirza along with former Sindh home minister Dr Zulfikar Miarza and MPA Barrister Hasnain Mirza on Saturday visited over 20 villages of Badin, including Wasi Pir Aali Shah, Malook Channa, Raees Nabi Bux Bhurgri, Lawari Sharif, Islmail Khan Jamali, Kadhan, Babu Khan Chang and Seerani, where she inaugurated various uplift schemes of gas, power supply ...
President did not hold any political meeting              ISLAMABAD: A section of media on Saturday carried reports saying that the President Asif Ali Zardari had a meeting on Friday night to discuss political issues.Clarifying these news items, Spokesperson to the President Senator Farhatullah Babar has said that President hosted dinner for the Prime Minister, former PM and some federal ministers.He said that there was no meeting held to discuss political issues as claimed in some of the report.Copyright PPI (Pakistan Press International), 2013Copyright ...


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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