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Punjab govt allocates Rs430mn for sewerage plant KHANPUR: The Punjab government has allocated Rs.430 millions for the construction of sewerage mega project in the city.Member National Assembly (MNA) Sheikh Fiaz-u-Din on Monday told the media that with the construction of this mega-project the challenges faced by the masses would be resolved permanently.Shiekh Fiaz said that he requested the chief minister to provide more funds for ongoing development schemes of the area.Copyright APP (Associated Press of Pakistan), 2015 ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Monday issued power suspension programme for various areas of its region due to annual transformer maintenance and routine development work.According to an IESCO spokesman, the power supply of the feeders/grid stations would remain suspended as under:On 24 February, From 09:00am to 03:00pm Zubair Shaheed, Civil Line, ATM, Gul Afshan, Jada, Machine Mohallah feeders, On 10:00am to 11:00pm and 15:00pm to 16:00pm Sanghoi, Ajmal Shaheed, PTC, Akram Shaheed, ...
FESCO issues shutdown programme FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for necessary repair, maintenance and expansion of electricity lines. According to the programme issued by the company, power supply from Marafco feeder emanating from 66-KV OTP grid station, Noorpur feeder originating from 132-KV Chiniot Road grid station, Sammundri feeder emanating from 132-KV Sitiana grid station, Jail Road and KTM-1 feeders originating from 220-KV J-Wala Road grid station, Bhowana, Manara, Khanwala and Anayat Shah feeders ...
PIA to sell unserviceable planes ISLAMABAD: Pakistan International Airlines (PIA) will sell its unserviceable planes including a Boeing-747, three Boeing-737 and three A-310 aircraft.According to PIA spokesman here, the national flag carrier had already tendered some of its old aircraft which had completed their operational flying life.He said that a tender notice announcing the disposal was released in national newspapers some time back, inviting vendors in trade.The vendors inspected the obsolete aircraft parked at Karachi Airport; followed by sealed bids ...
NEPRA approves another 660 mw coal power generation plant ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) Thursday approved generation license for Engro Powergen Thar (Pvt) Limited (EPGTPL).The Power Project of EPGTPL of 2 x 330 MW will be the first part of the Energy Park which would have total generating capacity of approximately 3600 MW. EPGTPL has already applied for the acceptance of the Up-Front Tariff for Coal.The project is also included in the least cost expansion plan of NTDC which would be responsible ...


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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln