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No gas meter installed in violation of merit, rules: NA told ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi Wednesday informed the National Assembly that the ministry had not installed even a single gas meter in violation of merit and rules."Sui Northern Gas Pipelines Limited only provides legal connections as per turn and merit criteria of the company," he said during the question-hour.He said it was the hallmark of the present government that it was religiously following the policy of merit under which new gas connections for domestic consumers were being given without any discrimination.As per the policy, the minister said, it took around six months to process an application for a domestic conection. Its urgent fee was Rs 25,000 and the meter was installed after a three-month period, he added.Replying to a supplementary question, Abbasi said new gas connections and gas projects for localities were two different things.He said new gas projects could not be initiated in the ...

PR to shape up land management system by June next LAHORE: Pakistan Railways would complete management work of its land record under modern arrangements with the aim to evaluate exact position of PR land across the country by June 2016.PR sources told APP here on Tuesday, that a Land Record Management Information System (LRMS) is being developed with the support of Urban Unit of the Punjab government and an agreement has already been signed in this regard.It would be possible to inform about the ownership, ...
SNGPL introduces new policy for domestic connections LAHORE: Sui Northern Gas Pipelines Company Limited (SNGPL) has introduced new policy to provide domestic connection to the applicants whose applications were pending since 2008-09. According to SNGPL sources, the SNGPL decided to provide gas connection to all those customers on priority basis whose application could not be processed so far due to the non computerization of their record despite the availability of pipeline in front of their houses.Under this scheme, people have been advised ...
Industrial zone, energy sectors to be set up along with CPEC: Senate told ISLAMABAD: Minister of State for Parliamentary Affairs, Sheikh Aftab Ahmed on Friday told the Senate that many industrial zones and energy sectors would be set up along with China-Pakistan Economic Corridor (CPEC).Replaying to a question, the minister said that it is the desire of the government to link maximum cities with this corridor. He said that people will get employment opportunities through the economic corridor adding that the survey of the corridor yet to be ...
Delegation of KWSB calls on Pakistan Steel's chief KARACHI: A delegation of Karachi Water and Sewerage Board (KWSB) called on CEO, Pakistan Steel Mills (PSM), Major General (Retd) Zaheer Ahmed Khan, HI (M).The payment of dues was discussed during the meeting, said a press release issued here Friday.The meeting was attended by Acting Principal Executive Officer, Capt Retd Shamsi Hassan, Acting CEO Muhammad Arif Sheikh and other concerned officials.The delegation of KWSB was assured of early payment of remaining amount.PSM has made payment ...


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Banking Review 2014

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