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Politics & Policy


New lines being laid to resolve electricity crisis: Minister MULTAN: State Minister for Water and Power Abid Sher Ali Tuesday said that 1,100 kilometer transmission lines were being laid to resolve electricity crisis. Talking to mediapersons here, he said that 93 grid stations were also being established, adding that the government was striving hard to eliminate electricity crisis and put the country on road to progress and prosperity. To a question, he said that PTI could not provide any proof in judicial commission, adding that PTI leader Imran Khan was doing politics of confrontation. To another question, the minister said that it was top priority of the government to ensure peace in Karachi, adding that in this regard an operation was also being conducted against criminals in the city. He also ruled out any chance of imposition of Governor's rule in Sindh.Copyright APP (Associated Press of Pakistan), 2015 ...

Ahsan Iqbal for introducing fundamental changes in recruiting system ISLAMABAD: Minister for Planning Development and Reforms, Ahsan Iqbal here on Tuesday called for introducing fundamental changes in recruiting system in government sector.Chairing a meeting on civil service reforms, the minister said that new governance model based on institutional, inclusiveness, collaborative and citizen-focused themes need of the hour, said a statement.He also asked for revamping the performance evaluation system on modern lines to enhance the performance of governmental institutions for socio economic development of the ...
SC directs NAB to submit report of 50 mega corruption cases ISLAMABAD: The Supreme Court Tuesday directed the National Accountability Bureau (NAB) authorities to submit comprehensive report on 50 mega corruption cases. A three-member bench headed by Justice Jawwad S. Khawaja comprising Justice Jawwad S Khawaja and Justice Maqbool Baqar heard a case regarding performance of the National Accountability Bureau (NAB). Justice Sheikh Azmat Saeed observed that NAB authorities had acquitted almost 75 percent accused on the basis of "Plea Bargain" and volunteer recovery according to ...
President seeks Bahria University recommendations on Maritime Policy ISLAMABAD: President Mamnoon Hussain Monday urged Bahria University to present recommendations for formulation of Maritime Policy to ensure country's security and defence in the prevailing circumstances.He was talking to Rector Bahria University Vice Admiral (R) Tanveer Faiz who called on him at Aiwan-e-Sadr, said a President House statement.Appreciating the contributions of the institute, the President stated that Bahria University was an important educational institution of the country which, besides carrying out research on Maritime Security, ...
Printing of wrong map a serious crime: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said printing of the map of Saraikistan and Hazara province in the textbook of geography of 8th class of textbook Board is regrettable and is tantamount to a heinous crime.Therefore, he said that a judicial inquiry will be held in the incident of printing of wrong map in geography book of 8th class and a letter will be written to Chief Justice Lahore High Court for this ...
Sharjeel visits sun-stroke affectees KARACHI: Sindh Minister for Information and Local Government, Sharjeel Inam Memon has said that it was not justified to do politics over natural disasters and miseries of the people.He said this while talking to media at Abbasi Shaheed Hospital on Sunday where he enquired about the health of the people affected by sun-stroke. The KMC Administrator Roshan Shaikh, Commissioner Karachi Shoib Siddiqi and other officers also present on the occasion, an official statement said here. ...
Human resource vital for country's progress: Pervaiz LAHORE: Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid Saturday said that human resource was as vital as infrastructure for strengthening the national economy.Addressing the closing ceremony of Training programme on Electronic Journalism held under the auspices of Media Advocacy Center here, he said that such trainings not only played an effective role in the country's progress but effectively polished the abilities of youth also.The minister lauded the Media Advocacy Center which ...


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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln