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Govt considering to give more incentives for investment in Auto sector ISLAMABAD: The National Assembly was informed Friday that there will be more incentives for investment in the country in the Auto sector. The Advisor on Industries Muhammad Basharat Raja told the house during question hour that the government is considering giving more incentives for investment in manufacturing of cars in the country to meet the requirements.  He said talks were held with delegations of Korean Company and General Motors and hoped for positive results. He said presently one hundred and fifty thousand cars are being manufactured in the country and fifty thousand are being imported annually which are not sufficient to meet requirements. Meanwhile, Minister of State for Interior Ch. Imtiaz Safdar Warraich told the House that public transport fares have been reduced in the Federal Capital following the reduction in oil and gas prices and notification to this effect has been issued.  He was responding to a call attention notice by Nosheen Saeed and ...

Shipping activity at Port Qasim KARACHI: Shipping activity remained active at the Port Qasim during last 24 hours, where three ships carrying containers, furnace oil and edible oil were allotted berths at Qasim International Containers Terminal, FOTCO Terminal and Liquid Cargo Terminal on Thursday. Meanwhile two more ship scheduled to load/offload containers and chemicals also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 35% at the Port Qasim on Friday where total number of four ships ...
Textile Ministry, WWF ink MoU on proper cotton picking  ISLAMABAD: The Ministry of Textile Industry and the WWF-Pakistan here on Thursday signed a memorandum of understanding (MoU) to promote proper picking procedures and better ginning practices among the cotton growers and ginners. Joint Director of Pakistan Cotton Standard Institute (PCSI), Liaqat Ali Khan and Director Sustainable Agriculture Program (SAP), Arif Hamid Mahkdum signed the agreement on behalf of their respective organizations. According the agreement, SAP, WWF-Pakistan and Pakistan Cotton Standards Institute under the project sustainable cotton ...
PM lauds Water & Power, Petroleum Ministries for reduced electricity shortfall ISLAMABAD: Prime Minister Raja Pervez Ashraf on Thursday appreciated the efforts of the Ministries of Petroleum, Water and Power on reduction in shortfall from 8,000 MW to around 4,000 MW. Chairing the meeting of Energy Committee here, the Prime Minister directed the ministries that gradual surge of power generation must continue. He said challenges posed by the seasonal changes must be addressed well in advance and power supply be ensured on sustainable basis. The Prime Minister said finding ...
Shipping activity at Port Qasim KARACHI: Two ships M.T AI-Soor-II and C.V CMA CGM Eiffel carrying 55,000 tonnes diesel oil and containers were allotted berths at FOTCO Oil Terminal and Qasim International Container Terminal respectively on Wednesday, 11th July. Meanwhile another container ship 'Hammonia Pacificum' also arrived at outer anchorage of Port Qasim during the same day. Berth occupancy remained at the Port at forty three percent on Wednesday where six ships namely C.V CMA CGM Eiffel, M.V Salta, M.V Cape, ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln