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'Punjab Budget 2015-16 to bring prosperity in province' SARGODHA: Punjab Budget 2015-16 is balanced and people-friendly, which would bring prosperity in the province.Talking to APP on Saturday, Parliamentary Secretary on Kashmir and Gilgit Baltistan Ch. Hamid Hameed and District president PML-N Shahnawaz Ranjha said that projects like self-employment, orange line would open a new era of progress and prosperity in the province.They said the allocation of Rs 310 billion for the promotion of education and Rs 166 billion for healthcare sector would help provide basic facilities to the people. They said that a hefty amount has been allocated for develpoment projects in far-flung areas especially in south Punjab.Hamid Hameed said that under Apna Razgar Scheme the unemployed youth would be given 50,000 vehicles at subsidized rates to start their business and the provincial government had allocated Rs 31 billion for this purpose.Shahnawaz Ranjha said the Punjab government had allocated Rs 144.39 billion for providing tractors and other agricultural ...

Five killed, two injured in roof collapse MULTAN: Three women and two minor girls were killed, while two others sustained injuries when roof of an under-construction house caved in, here on Saturday morning.Rescuers said the incident took place at an area on Vehari road near Tawakkal CNG pump station where a roof of under-construction house collapsed.As a result, five persons identified as Atia Bibi (50) wife of Fateh Muhammad, Sabran Bibi (50) wife of Abdul Majeed, Razia Bibi (30) wife of Ramzan, ...
More than 200 suspects arrested QUETTA: Two police stations in an night long operation arrested 243 suspects and recovered of more than a dozen arms.According to police sources, Pashtoonabad and Satellite Town Police launched a combing operation in Mehmoodabad area and took into custory 243 suspects.Police claimed to have recovered two 9 mm pistols, a 303 shot gun, a pistol of 22 bore, a shot gun, a T.T pistol, a rifle of twelve bore and a revolver. The accused are ...
Firing at barber shop claim two lives QUETTA: A masked man fired at a barber shop in Mano Jan road, Saddar area of Quetta here on Saturday.Two brothers were killed in the attack who were identified as Muhammad Rafique and Muhammad Shafique Bhatti permanent residents of Muzaffar Garhi.According to eyewitnesses accused walked away after carrying out act of terrorism.Senior Police officials rushed to the scene of offence and supervised the investigations while the bodies were shifted to Civil Hospital Quetta for autopsy.Copyright ...
PAF JF-17 Thunder participating in Paris Air Show ISLAMABAD: Three JF-17 Thunder aircraft along with pilots, technicians and engineers of Pakistan Air Force (PAF) arrived Friday at Le Bourget, Paris to participate in the International Paris Air Show, which will be held from June 15 to 21. The 51st Air Show organized by French Aerospace Industries Association will start on Monday at the Le Bourget Parc des Expositions and continue till Sunday, said a message received here from Paris. One PAF JF-17 aircraft ...
Govt decides to legalize 10 slums of federal capital, Senate told ISLAMABAD: The Government has decided to legalise the status of 10 shanty towns (Katchi Abadies) of the federal by providing basic amenities while 12 shanty towns were being declared illegal, said Minister for Inter-Provincial Coordination Mian Riaz Husain Pirzada told Senate. Responding to a Calling Attention Notice moved by Chaudhry Tanvir of Pakistan Muslim League Nawaz, he said there are 24 shanty towns in various areas of the capital. Two shanty towns would be removed ...
German investors' delegation calls on Asif Ali Zardari KARACHI: A delegation of German investors led by Deputy Foreign Minister of Germany, Stephan Steinlein called on Chairman Pakistan Peoples Party Bilawal Bhutto Zardari and Co-Chairman Asif Ali Zardari at Bilawal House here on Friday.They discussed matters related to the investment in Sindh province, said a statement.German Ambassador Dr. Cyrill Nunn and Vice President PPP Ms. Sherry Rehman and Ms. Bakhtawar Bhutto Zardari were also present on the occasion.Copyright APP (Associated Press of Pakistan), 2015 ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln