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Politics & Policy


Shahbaz orders judicial inquiry into Daska incident LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif, taking serious notice of tragic incident of clash between lawyers and police in Daska, has ordered judicial inquiry into the incident.The Chief Minister has directed Chief Secretary to write a letter to the Chief Justice Lahore High Court for judicial inquiry of Daska incident.Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of president Daska Bar Rana Khalid Abbas and Irfan Chohan Advocate as a result of the tragic incident.According to spokesman of the Punjab government, it has also been decided to constitute a joint investigation team for inquiry of Daska incident. Representatives of police, ISI and IB will be included in joint investigation team.Shahbaz Sharif has also ordered to suspend TMO Daska and make AC Daska as OSD. He has also sought a report of the incident from Inspector General Police and directed that action should be taken ...

Shahbaz approves institutional reforms in Minerals Deptt LAHORE: Punjab Chief Minister, Muhammad Shahbaz Sharif Monday gave approval to institutional reforms in Minerals Department and directed to set up a steering committee for presenting recommendations for reorganization, capacity-building and reforms in the department.The Chief Minister presided over a meeting here, which decided to modernize Minerals Department.Addressing the meeting, Shahbaz Sharif said the Minerals Department could play important role in strengthening economy of the province. He directed that planning should be made to run ...
IHC adjourns hearing against bail of Zafar Gondal ISLAMABAD: The Islamabad High Court (IHC) on Monday sought a reply from the respondents in a petition against the bail orders of former chairman Employees Old-Age Benefits Institution (EOBI), Zafar Iqbal Gondal and adjourned hearing.Chief Justice of IHC, Muhammad Anwar Kasi heard the plea filed by the Federal Investigation Agency (FIA) and EOBI seeking cancellation of bail orders of Zafar Gondal.The FIA and NAB had registered corruption cases of Rs. billions against former chairman EOBI ...
PMLN to achieve thumping majority in KP LB elections: Sabir Shah SWABI: Former Chief Minister and president Pakistan Muslim League Nawaz (PML-N), Khyber Pakhtunkhwa, Pir Sabir Shah has said that his party would form governments at district and tehsil levels after achieving thumping majority in upcoming local bodies election in the province on the basis of its performance.He was addressing a grand meeting at Adina here wherein district president PMLN, Haji Iftikhar Khan, GS Haji Dildar Khan also spoke. Pir Sabir Shah said people of Swabi ...
Youth empowerment to strengthen economy: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Sunday that 60 percent population of Pakistan comprises youth and their empowerment can result in strengthening of national economy and changing the destiny of the nation. Talking to Assembly Members of various districts here, he said that PML-N's provincial government took steps of historic nature for development and empowerment of youth. A target has been fixed to create more than four million jobs under Development Strategy ...
Committee set up to probe Shadbagh tragedy: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said a high level committee has been constituted to probe Shadbagh tragedy and in the light of its report, stern action would be taken against the persons.Presiding over a high level meeting through video link at Civil Secretariat on Thursdy, he is deeply grieved over the death of six children due to fire in Shadbagh.The meeting reviewed performance of relief agencies in the wake of the tragic ...
Global climate agreement unlikely without finance for climate-vulnerable poor nations, Mushahidullah ISLAMABAD: Federal Minister for Climate Change Senator Mushahidullah Khan has welcomed imposing remark of the French president regarding the much-awaited global climate agreement, in which the latter has told rich countries, that a roadmap for ramping up climate finance for developing countries to $100 billion a year by 2020 is inevitable to agreeing the new global climate deal in Paris later this year.The minister has also backed argument of the French president Francois Hollande that ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln