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Maleeha Lodhi terms Chinese Premier visit to Pakistan very significant ISLAMABAD: Former ambassador Dr Maleeha Lodhi has said that timing of Chinese Prime Minister's visit to Pakistan is significant to show that China has support with the upcoming government.Talking to a private news channel, she said that number of agreements including Maritime Cooperation will be signed between the two countries.She said that more than one hundred and twenty Chinese companies are working in Pakistan while fourteen thousand Chinese workers and engineers are working in different projects.She said that people of private sector of China will also visit Pakistan and they will hold meetings and talks with Pakistani officials and private sectors' people to further strengthen economic cooperation.Dr Maleeha said that issues related to security situation of the region after withdrawal of international forces from Afghanistan and economic cooperation between the two countries will be discussed in the meeting between Nawaz Sharif and Chinese Premier.Copyright APP (Associated Press of Pakistan), 2013 ...

Dr Mustafa appreciates Nawaz Sharif for accepting other parties' mandate in KPK, Sindh ISLAMABAD: Analyst Dr Ghulam Mustafa has appreciated Nawaz Sharif's decision to accept PTI's mandate in KPK and PPP and MQM's mandate in Sindh.Talking to a private news channel, he added that PML-N is making efforts to run a coalition government in Balochistan to resolve issues in the province.To a question, he replied that people rejected former KPK government because it crushed merit and failed to secure peace in the province.He termed KPK next coalition government ...
Police, prisoner department held responsible for Ruhullah escape: report submitted in SC ISLAMABAD: The Secretary Interior Punjab on Tuesday submitted a report before the Supreme Court terming the police, health department and the prisoner department responsible for the escape of Ruhullah, accused of killing former Attorney General (AG) Sardar Muhammad Khan from the country.A three-judge bench headed by Chief Justice Iftikhar Muhammad Chaudhry resumed the hearing of a sou moto case of the murder of former AG and the escape of Ruhullah, the accused who was shifted ...
Ashraf submits apology in SC over contempt case ISLAMABAD: Former Prime Minister Raja Pervaiz Ashraf on Tuesday submitted his unconditional apology through his counsel Wasim Sajjad before the Supreme Court against the contempt of court charges framed against him in the Rental Power Projects (RPPs) case.Wasim Sajjad also requested for granting permission to Raja Pervaiz Ashraf for withdrawal of the letter while presenting un-conditional apology before a three-judge bench headed by Chief Justice Iftikhar Muhammad Chaudhry.Ashraf stated in his apology that the motive ...
LHC seeks report from OGRA by June 19 LAHORE: Lahore High Court Chief Justice Umar Ata Bandial Monday sought a report of comparative data of international and domestic petroleum prices from the Oil and Gas Regulatory Authority (OGRA) by June 19 on a petition seeking details of taxes levied on the petroleum products.The order was passed on a petition filed by Muhammad & Ahmad, a public interest litigation company, through counsel Muhammad Azhar Siddique.Earlier, the OGRA's counsel appeared before the court and informed ...
SC adjourns hearing of Musharraf's case till May 22 ISLAMABAD: The Supreme Court on Monday adjourned hearing in the high treason case against former president Gen (retd) Pervez Musharraf till May 22. The three-member bench headed by Justice Jawwad S. Khawaja resumed hearing of various identical petitions seeking initiation of a treason case against Pervez Musharraf.During the course of proceedings, Justice Jawwad S. Khawaja remarked that the viewpoint of the parliament was crucial to the case. The parliament had already legislated punishment for treason ...
President strongly condemns murder of PTI leader in Karachi KARACHI: President Asif Ali Zardari Saturday strongly condemned the murder of Ms Zahra Shahid Hussain Vice President of Pakistan Tehreek-e-Insaf in Karachi. The President in a message to the family expressed his heartfelt condolences over the tragic incident. The President prayed to Allah Almighty to shower his blessings on the departed soul and grant courage to the family to bear this loss with equanimity. Copyright APP (Associated Press of Pakistan), 2013 ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln