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Power Shortfall rises to 5600 MW; trigger violent protests in country LAHORE: Power shortfall on Tuesday risen to 5600 mega watt due to which irritated people came out to streets to register their protest over long hours of loadshedding in extreme heat.According to details, duration of loadshedding in different cities is increasing with the passage of time. Citizens of rural areas were facing outages for 20 hours while urban areas are also in grip of loadshedding for more than 16 hours.Meanwhile a large number of people have staged protest demonstration against prolonged power loadshedding and the protesters blocked road for general traffic in Budhber area of Peshawar and chanted slogan against the government In the same way, angry citizens in different areas of Swat also protested against loadshedding and called early action for provision of electricity.People in Sheikhupura, Faisalabad and Sukkur also took out rallies and shouted slogans against load shedding which they said, has made their lives full of sufferings.It ...

Akbar Bugti Murder Case: ATC rejects Musharraf’s bail plea QUETTA: An Anti-Terrorism court (ATC) Tuesday rejected the bail plea of former President General Pervez Musharraf (Retd) in Akbar Bugti murder case.The ATC Judge Mohammad Ismail announced the decision after the completion of arguments by applicant’s counsel Mohammad Ilyas.The ATC issued non-bailable arrest warrants of Pervez Musharraf, former Prime Minister Shaukat Aziz, former governor Owais Ghani and former deputy commissioner of Dera Bugti Abdul Samad Lasi after they failed to appear before the court.It should ...
New government to address Pakistan's multipronged challenges: Masood Khan UNITED NATIONS: A top Pakistani diplomat told the United Nations Development Programme (UNDP) Monday that the new Pakistan government was determined to deal with the country's multi-pronged challenges of poverty, education, energy, population and urbanization."Addressing this vicious cycle is one of the primary objectives of the new Government in Pakistan," Pakistan's UN Ambassador Masood Khan said in a speech to the UNDP annual Executive Board meeting in New York.The Pakistani envoy spoke after UNDP Administrator ...
Five killed in Karachi firing KARACHI: The violence continued to grip the city on Tuesday, as five more people lost their life and another one was injured in firing and other incidents. According to rescue sources, two people were killed in Baghdadi area of Lyari. The deceased were identified as Tauhid, 30, and Naushad, 32. Their bodies were shifted to Lyari General Hospital.In another incident, unidentified men opened fire in Shah Faisal Colony No 5, killing 35-year-old, Noman son of ...
Police nab 26 accused during targeted actions KARACHI: The police during targeted actions arrested 26 accused on different charges and recovered snatched goods and narcotics from them.According to a press release issued here on Monday, the accused were arrested during raids in the limits of Pirabad, SITE, Baldia, Madina Colony and Docks police stations of District West.It said that most of the accused were involved in street crimes.Snatched goods including cell phones, cash, ten pistols and narcotics were recovered from their possession.Further ...
MBA Banking Programme of Karachi University KARACHI: The University of Karachi on Monday announced that payment of examination fee for MBA Banking Programme's 5th morning batch can be made up to June 20.The fee can be deposited at the United Bank's Campus Branch, it was further announced.Copyright APP (Associated Press of Pakistan), 2013 ...
Teams to reach 0.69 children in anti-polio drive PESHAWAR: Three days anti-polio drive has been kicked off on Monday in Federally Administered Tribal Areas (FATA) to reach out to a target population of 6,92,574 children under the age of five.Secretary Productions & Livelihood Fata Secretariat Farrukh Sair inaugurated the campaign here at FATA Secretariat.Secretary Social Sectors FATA Dr Aftab Durrani and representatives of UNICEF and WHO were also present on the occasion.Speaking on the occasion, Secretary Productions & Livelihood FATA urged upon parents ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln