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All options being explored to non-stop power supply to industry LAHORE: All options are being explored and considered thoroughly for uninterrupted power supply to the industry to give a quantum boost to the industrial production and create more jobs in Punjab.Provincial Minister for Industries, Commerce and Investment Chaudhry Muhammad Shafique stated this in a media briefing at Civil Secretariat on Wednesday, while the Punjab Industries Department's Secretary Dr. Shuja and Additional Secretary (Admin) Muhammad Akhtar also accompanied him.To a question, the Provincial Minister said that the energy crisis had since long been prevailing that either reduced or halted the industrial production, that was why the newly elected PML-N's federal as well as Punjab governments were focusing the alternate energy resources- solar, biomass, biogas and wind in addition to main electricity generation components of hydel and thermal.Following the Chief Minister Shahbaz Sharif's directives, the Punjab government had been in constant liaison with the electricity generation companies of China, Autralia, Japan, Germany ...

PIA, Pakistan Railways, Steel Mills would make profitable entities: Ahsan Iqbal ISLAMABAD: Federal Minister for Planning and Development, Ahsan Iqbal has said that best management would be given to PIA, Pakistan Railways and Steel Mills to make them profitable entities.In an interview with Radio Pakistan, he said the prevailing worse economic situation would be transformed into a better condition after a year or two as the government is sincere to overcome budget short comings.He said it is the endeavour of the federal government to improve the ...
Water level raised in Mangla dam MIRPUR: The water level in Mangla dam on Tuesday raised up to 1170.40 Feet against the dead level of 1040.00 feet.The water increased in dam due to swift melting of glaciers, the sources told APP here.The reservoir is being filled with the water for future usage for irrigation besides to boost power generation in the coming days to overcome the load-shedding shortage.The Inflow of water in dam was recorded as 54100 cusecs against the simultaneous ...
Govt announces 30 mega watt power house: Ibrahim ASTORE: The federal government won the heart of the masses by announcing 30 mega watt power house for Gilgit Baltistan, said Former Advisor to CM Ibrahim Shanai here on Monday.Talking to APP, he said the project will meet the energy shortage in the region.The project would also provide job opportunities to the unemployed, he added.He thanked the PML-N government by taking decision which is in favour of people of the area.Copyright APP (Associated Press of ...
39,000 new consumers to get gas supply during 2013-14 ISLAMABAD: As many as 39,000 new consumers will get gas supply in addition to connecting about 350 new towns and villages to gas network during the fiscal year 2013-14.According to the budget document, Gas utility companies have planned to invest Rs17437 million on Transmission Projects, Rs27265 million on distribution projects, and Rs11165 million on other projects, bringing the total investment of Rs55867 million during the fiscal year 2013-14.While during July-Feb 2012-13, the two gas utility ...

 



 
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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