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No shortage of fuel in country: Jam Kamal ISLAMABAD: Minister of State for Petroleum and Natural Resources Jam Kamal on Wednesday said the supply of petrol was normal and there was no shortage of fuel in the country."The temporary shortage happened due to the panic buying and stocking of fuel after spreading of rumours regarding impending fuel shortage in the country", he said while speaking in Senate in response to an adjournment motion moved by Senator Dr Ashok Kumar regarding dispute between Pakistan State Oil (PSO) and Pakistan National Shipping Corporation (PNSC) due to which shortage of petrol was likely to be emerged in the month of Ramazan. He said in future, the government would ensure smooth supply of petrol in the country and no such situation would happen again.He said if any one find such situation in any area of the country, a complaint can be lodge in this regard in the ministry of petroleum and natural ...

Pakistan Railway's massive drive against ticketless passengers KARACHI: In a massive drive against ticketless travelling in Karachi Railway Division, a record 11,205 passengers were apprehended for travelling without ticket during the month of May.The drive was carried out by Divisional Commercial Officer (DCO) Nasir Nazeer following the instructions from the Railway Minister Saad Rafiq for rooting out the menace of ticketless travelling which was causing loss to national exchequer.The DCO during different raids recovered over Rs 10.008 million as fine and fare ...
Rehabilitation, special repair of 177 locomotives being managed: Railways ISLAMABAD: Pakistan Railways is managing rehabilitation and special repair of 177 locomotives through Public Sector Development Programme (PSDP) at a cost of Rs. 11.289 billion.The repair of non-operational locomotives would improve their reliability and performance and ultimately proved to be an earning entity for the organization.According to an official information here on Tuesday, procurement of 58 locomotives has also been approved and contract awarded to a Chinese company. So far all 58 locomotives have been ...
Karachi Port registers record container handling KARACHI: Karachi Port witnesses a record handling of containers during the month of May 2015 and it reflects the favourable policies practiced by Karachi Port Trust under the leadership of Chairman KPT Vice Admiral (R) Shafqat Jawed.The port has registered handling of 160,649 TEUs (Twenty Equivalent Unit) of cumulative imports and exports containers at its two terminals, the Karachi International Container Terminal (KICT) and Pakistan International Container Terminal (PICT) surpassing the previous handling of 156,254 ...
SNGPL to ensure transparency through computerized new gas connections ISLAMABAD: General Manager Sui Northern Gas Pipeline Limited (SNGPL) Islamabad Region Ejaz Ahmad Chaudhry on Monday said that new gas connections would be provided through computerized system to facilitate the consumer as well as ensure transparency.Talking to APP, he said that the new gas connections would only be provided on first come and first serve basis.He said that merit is the top priority as the whole procedure is computerized and all new connections are provided ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln