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Establishment of Human Resource Endowment Fund with Rs10bn underway ISLAMABAD: A `Human Resource Endowment Fund with the allocation of Rs10bn was underway for achieving targets sets under vision 2025.Officials sources informed that Vision 2025 rests on seven pillars identified as the key drivers of growth which will transform Pakistan into a vibrant and prosperous nation.Giving details of the key impact initiatives taken, they told APP that establishment of Cancer Hospital Islamabad with allocation of Rs200 million is under process.Work on establishment of Seerat Chairs in Public Sector Universities with Rs190 million has also started, they stated.For Model Police Station in Islamabad Capital Territory Rs100 million allocated whereas Rs50 million reserved for standardization of examination system in vision 2025 and work on them are underway.Working on a National Curriculum Council and Rs25 million for Mainstreaming of Madrasahs and Women University and Skills University in Islamabad and NUPPA in Lahore has also started while work on establishing of university campus in ...

FIA's Prosecution Budget: SC directs Secretary Interior to submit report ISLAMABAD: The Supreme Court on Friday directed the Interior Secretary to submit report over allocation of lesser budget to the Federal Investigation Agency (FIA) for investigations and prosecution. A two-member bench comprising Justice Jawwad S. Khawaja and Justice Ejaz Afzal Khan heard the bail matter of accused Azhar involved in human trafficking. Justice Jawwad S. Khawaja remarked that if the report turns out to be unsatisfactory then the court would summon the Secretary Interior.The bench ...
Pakistan loses 100,000 lives every year due to cigarette smoking KARACHI: No less than 100,000 people die of smoking induced diseases in the country every year against collection of around Rs.70 billion as sales tax on cigarettes only.Prof. Dr. Javed A Khan, a senior pulmonologist and one of the most prominent campaigners fighting for public right to health and quality life talking to APP Friday said there was urgent need that federal and provincial governments set their priorities right."There is absolutely nothing above or more ...
NA offers Fateha for military personnel martyred in helicopter crash ISLAMABAD: National Assembly on Friday offered Fateha for the departed souls of military personnel who were martyred in helicopter crash near Mansehra, Khyber Pakhtunkhwa.Minister of State for Religious Affairs and Inter-faith Harmony Pir Amin ul Hasnant led the Fateha. He prayed Allah Almighty to rest the departed souls in eternal peace and grant courage to the bereaved families to bear the loss with equanimity.Copyright APP (Associated Press of Pakistan), 2015 ...
OEC sends over 900 workers to South Korea in an year ISLAMABAD: Overseas Employment Corporation (OEC) has sent around 900 workers to South Korea in an year and the process is still continuing.According to official sources, Pakistani workers in South Korea are earning a handsome salary per month.He said that Pakistan has also asked the Human Resource Development Department of South Korea to give an opportunity to our labour in the sector like fisheries, agriculture and construction.Health Ministry of Saudi Arabia recently selected 126 medical doctors ...
Pakistanis, Indian make up 37pc of Dubai, Sharjah, Ajman population ISLAMABAD: Pakistani and Indian expats make up more than a third (37 per cent) of the population of three emirates Dubai, Sharjah, and Ajman according to the latest 2014 statistics provided by Euromonitor International, a market intelligence company.The five most populous nationalities in the three emirates, in the same order, are Indian (25 per cent), Pakistani (12 per cent), Emirati (9 per cent), Bangladeshi (7 per cent), and Filipino (5 per cent), the Gulf News ...
Eight new NADRA online centers being set up abroad: NA informed ISLAMABAD: Minister of State for Interior and Narcotics Control Muhammad Baleegh-ur-Rehman on Friday informed the National Assembly that National Database and Registration Authority (NADRA) will set up its new online centers in different countries to facilitate overseas Pakistanis.The authority would equip the centers with required staff and machinery for extending maximum facilities to expatriate Pakistanis in getting National Identity Card for Overseas Pakistan (NICOP) and Pakistan Origin Card (POC), he said during the question-hour.To a ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln