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Politics & Policy


NA passes three bills ISLAMABAD: The National Assembly on Wednesday passed three bills The Islamabad Subordinate Judiciary Service Tribunal Bill, 2015, The Civil Servants (Amendment) Bill, 2013 and The Credit Bureau Bill, 2015.The bills were moved by Minister for Law, Justice and Human Rights Pervaiz Rashid.According to the statement of objects and reasons of the establishment of Islamabad Subordinate Judiciary Service Tribunal Bill, 2015, The Islamabad High Court was established under IHC Act, 2010.Since its establishment, there is no subordinate judiciary service tribunal at Islamabad through which relief against the order of competent authority of Islamabad High Court could be sought.The Chief Justice IHC had desired for appropriate legislation for the establishment of Islamabad Subordinate Judiciary Tribunal.Statement of objects and reasons of The Civil Servants(Amendment) Bill, 2013, the bill seeks to provide legal cover to the process of absorption/ adjustment of servants belonging to the devolved ministries/divisions/departments/offices/organizations by an Act of Parliament.According to statement ...

Ahsan directed concerned department to update flood management plan ISLAMABAD: Federal Minister Planning, Development and Reforms Ahsan Iqbal on Tuesday directed concerned department to update management plan in light of recent flood to ensure preparedness.He was chairing a meeting to assess flood situation in the country which was attended by officials of federal and provincial governments.He said concerted efforts are needed to deal with shifting patterns of weather due to climate change resulting in flood in vast areas of the country in recent years.The ...
Speaker says ruling on PTI MNAs resignations unquestionable ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq Tuesday said his ruling on resignations of Pakistan Tehreek-i-Insaf (PTI) lawmakers was unquestionable except to rescind it through a motion in the House.In his remarks during the House proceeding, the speaker said Islamabad High Court (IHC) had also endorsed his point of view over the resignation issue."Whenever the Speaker decides or gives his ruling on any matter on floor of the House or in his office on the ...
Govt to compensate flood victims: Zaeem LAHORE: A spokesman of Punjab government Zaeem Hussain Qadri MPA has said that it is the priority of the government to evacuate stranded people and shift them to safer places."A package of Rs 1.5 billion has already been announced for the rehabilitation of affected families displaced owing to recent floods," he added.In a brief conversation with media in his office, he said, 90 per cent of the flood-hit people had been shifted from flooded areas ...
Govt taking steps to eradicate polio virus by 2016: Saira Tarar ISLAMABAD: Minister of State for National Health Services, Regulation and Coordination, Saira Afzal Tarar has said that sincere efforts are being made to eradicate polio virus from the country by year 2016.As a result of steps being taken by the government, situation is getting better day by day as only 26 cases of polio have been reported so far in this year," she said while talking to a private news channel.She said the government has ...
SC stays execution of four death-row convicts ISLAMABAD: A two member bench of the Supreme Court has stayed execution of four convicts on the charges of murder awarded by Anti-Terrorists Courts of Sargodha and Lahore who were scheduled to be hanged in Mianwali jail and Kot Lakhpat jail Lahore on August 5.The bench comprising Justice Jawwad S. Khawaja and Justice Dost Muhammad on Monday heard review petitions of the convicts Kareem Nawaz Khan, Attiq-ur-Rehman, Azhar Basheer, Shabbir Bashir and stayed their execution.According ...
Pak Army, police writing new history of courage: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said officers and jawans of the Pak Army, Counter Terrorism Force and Punjab Police are writing a new history of courage and valor and the nation is proud of its brave sons and daughters.He was addressing the function of passing-out parade of third batch comprising 332 corporals of Counter Terrorism Force at Elite Police Training School, Bedian Road, here Saturday.The chief minister inspected the parade of corporals ...


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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 $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln