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Govt committed to resolve problems LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said that during the visit of Chinese President Xi Jinping to Pakistan, a historic economic package of 46 billion dollars has been announced which included investment of $ 20 billion only for energy projects.Presiding over a Punjab cabinet meeting here on Saturday, he said that with the cooperation of China, 10,400 megawatt projects of solar, coal, wind and hydle will be set up in Pakistan and most of the projects will start generating electricity at the end of 2017.He said that 1320 megawatt coal based power projects will be set up in Sahiwal which will be completed till December 2017. Similarly, 300 megawatt electricity project based on indigenous coal was being set up at Jhelum which will also start working at the end of 2017, he added.The chief minister said that work was being carried out speedily on solar project of 900 megawatt ...

Raza Rabbani saddened over losses in Nepal, India earthquake ISLAMABAD: Acting President Mian Raza Rabbani Saturday expressed profound grief and sorrow over the loss of precious lives and properties in earthquake hitting Nepal and Northern India.The Acting President prayed for the departed souls and extended heartfelt condolences and sympathies to the bereaved families, said a statement from President's Secretariat.He stated that the government and people of Pakistan were deeply saddened on the great tragedy and equally shared the grief of the affected people of ...
PPP public meeting to establish relevance of PPP for Karachiites KARACHI: Pakistan People's Party (PPP) leaders maintain that the grand public gathering of PPP, scheduled for Sunday, at historic Kakri ground would establish its popularity among Karachiites.PPP-Sindh's Secretary for Information and Coordinator to Sindh Chief Minister, Waqar Mehdi here on Saturday said the public meeting will not only be a PPP's power show but shall also reflect undeterred love of masses for it.Lyariites, in particular, would send a message across the board that Lyari and ...
NA Speaker approves changes in Parliamentary Committee on Electoral Reforms ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq has approved changes in the composition of the Parliamentary Committee on Electoral Reforms.According to a notification issued by the National Assembly Secretariat, the Speaker has approved changes in the composition of the Electoral Reforms Committee in pursuance of motions adopted by the National Assembly on June 19, 2014 and the Senate on June 30, 2014 and in exercise of the powers conferred by rule 3 of the Rules ...
Credit of ending fear in Karachi goes to government: Mushahidullah ISLAMABAD: Minister for Climate Change Mushahidullah Khan on Friday said that credit to end fear in Karachi goes to present government.Talking to media outside the Parliament he said "The party who claimed to end fear in Karachi city ran from the Jinnah ground where it had announced to hold public rally in connection with by-election".PML-N government has done the job of making Karachi peaceful, he said adding the problems of target killing, kidnapping for ransom ...
IHC discharges contempt notice against IGP ISLAMABAD: The Islamabad High Court (IHC) Thursday discharged contempt of court notice against Inspector General of Police (IGP) Islamabad Tahir Alam Khan as he appeared in-person before the court and presented unconditional apology.The Inspector General of Police (IGP) Islamabad was summoned by the bench comprising Justice Noorul Haq N Qureshi and Justice Shaukat Aziz Siddiqui for some remarks in a letter to his subordiantes.The IGP was summoned in a case pertaining to bail after arrest ...
Energy generation projects for whole country: Amir Muqam PESHAWAR: Advisor to Prime Minister and In-charge Federal Departments in Khyber Pakhtunkhwa Engr. Amir Muqam has said that energy to be generated from projects in the wake of Chinese agreements would benefit the whole country and not any specific area. Addressing a press conference here at Wapda House Thursday, he denounced the impression that KP has been deprived of its due share in the recently inked MoUs during the historic visit of the Chinese President. ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln