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Khushhalibank Limited celebrates its 14th anniversary ISLAMABAD: Khushhalibank Limited will celebrate its fourteenth anniversary, as well as the launch of their first model branch in Islamabad.Khushhalibank is a market leader in the microfinance sector with a 20% share and has been playing a pivotal role in alleviating poverty and empowering women in Pakistan.Since its inception in 2000, the bank has launched several micro entrepreneurial projects, providing opportunities for the small scale entrepreneurs to obtain self independence and overcome poverty.The bank since inception has served more than 3 million clients across the country through a network of over100 branches primarily in the rural areas of Pakistan, says a statement issued by the bank here.Globally, microfinance is regarded one of the key mechanisms to reduce poverty and improve incomes in the emerging economies of the world.In the past decade Pakistan has developed a progressive policy framework for microfinance which has encouraged both domestic and foreign direct investment in ...

HEC allocates Rs2.507bn for Public Service Universities in last five years ISLAMABAD: Higher Education Commission (HEC) has allocated Rs. 2.507 billion for different programs of Public Sector Universities for research purpose during last five years.Giving details of the programs, official sources told APP that under National Research Program for Universities (NRPU), the total funds allocated to Public Sector Universities for research purpose during the last five years (FY 2008-09 to date) are Rs. 2.233 billion.Under International Strategic Partnerships in Research and Education (INSPIRE), the Higher Education ...
Four injured in blast CHAMAN: At least four people were injured when a powerful explosion took place in Qandhari bazaar in border town of Chaman, here on Monday.Police while quoting preliminary information said that unidentified men planted explosive device in a motorcycle and parked it in Qandhari bazaar, lying near headquarters of a law enforcement agency. "The perpetrators used a remote controlled device to carry out the blast", they said.Police said that four men received injuries in the blast ...
Govt to take every possible measure to protect lives, property of citizens: Baligh ISLAMABAD: Federal Minister for Education, Training and Standards in Higher Education, Muhammad Baligh-ur-Rehman on Monday said the government would take every possible measure to protect the lives and property of the citizens.Talking to media after declaration of result of Higher Secondary School Certificate (HSSC) Part-II by Federal Board of Intermediate and Secondary Education (FBISE) in a ceremony held here, the minister said nobody would be allowed to take law in his hand and cause agitation.Terming ...
Security forces successfully secured border in Upper Dir PESHAWAR: The arms seized from the militants after fierce clashes with the security forces at Sonai Darra a Pak-Afghan border village in Upper Dir district were presented, Monday before the media-men.Deputy Commissioner Dr Imran Shaikh, DPO Javed Khan and Col. Aqeel Malik, Spokesman for ISPR jointly briefed the media about the seizure of the arms. The arms confiscated included hand grenades, kalashnikoves and thousands of cartridges of different bores.The security forces had information about entrance ...
Over 50 functions planned to observe 68th Independence Day in Pindi Division RAWALPINDI: Around 50 small and big functions are being organized to observe 68th Independence Day of the country in different parts of the Rawalpindi Division on August 14.The details collected in this behalf revealed that a number of functions would be organized in Rawalpindi, Attock, Chakwal and Jhelum Districts to observe the Independence Day of the motherland with national zeal and enthusiasm.Punjab Minister for Labour, Manpower and Provincial Head of Independence Month Observance Raja Ashfaq ...
Bilawal condoles over death of Akram Kaira KARACHI: Bilawal Bhutto Zardari, Patron-In-Chief, Pakistan Peoples Party has condoled the death of Chaudhry Muhammad Akram Kaira, the uncle of former federal minister Qamaruz Zaman Kaira and PPP Punjab General Secretary Tanvir Ashraf Kaira. In a condolence message issued here on Saturday, Bilawal said that Kaira family has always been in the forefront in the struggle for democracy and people's rights. He prayed Allah Almighty to rest the departed soul in eternal peace and give ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln