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Politics & Policy


ADP 2015-16 to usher in new era of development: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Thursday that annual development programme (ADB) 2015-16 would usher in a new era of progress and development in province. He was presiding over a high level meeting which reviewed priorities of Annual Development Programme 2015-16.The Chief Minister said that Such schemes should be included in annual development programme as could directly benefit the poor and the common man. He said that Development Strategy 2018 was a solid programme to promote economy of the province.He said that Khadim-e-Punjab Rural Roads Programme would bring a revolution in rural economy and every segment of the rural population would benefit from this programme.He said that modern infrastructure played a key role in promoting economic and trade activates. He said that Khadim-e-Punjab Rural Roads Programme had been initiated for the improvement of infrastructure in rural areas. He said that Skill Development, Daanish schools, Rural Roads Programme, ...

German Parliamentarians calls on Shahbaz Sharif LAHORE: A representative delegation of German parliament called on Punjab Chief Minister Muhammad Shahbaz Sharif, here on Thursday.The delegation was headed by Chairperson of Parliamentary Committee on Economic Cooperation & Development Ms. Dagmar G. Wohrl. German Ambassador Cyrill Nunn was also present on the occasion.Matters of mutual interest, strengthening of bilateral relations and promotion of cooperation between the two countries in various sectors were discussed in the meeting.The Chief Minister offered German delegation to make ...
Nuclear tests made country's defence impregnable: Zafarul Haq ISLAMABAD: Leader of the House in Senate Raja Zafarul Haq Thursday said the Pakistan Muslim League-Nawaz (PML-N) government during its last tenure made the country's defence impregnable by conducting nuclear tests on May 28, 1998 in Chaghi, Balochistan.Talking to PTV in connection with the Youm-e-Takbeer, he said India carried out two nuclear tests first on May 18, 1974 and the other on May 11, 1998, after which it started using aggressive tone against Pakistan, but ...
IHC adjourns hearing against promotions of civil servants ISLAMABAD: The Islamabad High Court (IHC) on Thursday sought a reply from the federal government by June 10, in petitions against recent promotions from BPS-20 to 21 of civil servants.The one-judge bench comprising of Justice Shaukat Aziz Saddiqui heard the cases.During last hearing, the court had clubbed around 30 identical petitions filed by the superseded officers from Pakistan Administrative Service (PAS),Police Service of Pakistan (PSP), Pakistan Custom Services (PCS), Inland Revenue Service (IRS), Secretariat Group, ...
Sartaj Aziz meets Kuwaiti Deputy Prime Minister ISLAMABAD: Adviser to Prime Minister on National Security and Foreign Affairs Sartaj Aziz, who is in Kuwait to participate in the 42nd OIC Council of Foreign Ministers (CFM) meeting, met Sheikh Sabah Al- Khalid Al-Hamad Al-Sabah, Deputy Prime Minister and Minister of Foreign Affairs of the State of Kuwait.The meeting, which took place in the backdrop of the serious issues confronting the region, provided a valuable opportunity for the two sides to explore the role ...
Metro Bus Service a splendid project: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday said that Rawalpindi-Islamabad metro bus service was a splendid project regarding provision of comfortable, speedy and affordable travelling facilities to the people.He said that the project would bring a revolutionary change in transport sector, says a handout.He expressed these views while addressing a high level meeting in Islamabad regarding Rawalpindi-Islamabad metro bus project.Punjab Director Rawalpindi-Islamabad Metro Bus Zahid Saeed gave a detailed briefing on the progress ...
PTI, ANP in face off in local bodies' elections 2015 PESHAWAR: Tough contest is expected between Pakistan Tahrik e Insaf and Awami National Party in the local government elections 2015 as both the parties have awarded tickets to strong candidates for the district and tehsil council members to get maximum seats.As only four days left in May 30 polls, the candidates of both the political parties have intensified their election campaign by making last efforts to get voters support in the politically fertile Nowshera district.Tough ...


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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