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Government to provide support to Basmati growers ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday said agriculture was the backbone of country's economy and the government was taking steps to provide support to this important sector.Chairing a meeting regarding procurement of basmati rice here at the PM House, the Prime Minister expressed concern over the falling price of the product due to international factors.He directed the Ministries of Finance and Food Security to submit a proposal for providing support to the grower by providing suitable subsidy.He asked the Ministry of Food Security to consult provincial governments and develop a system so that direct benefit of the subsidy goes to the grower and not the middleman.The Prime Minister directed the Ministries to come up with a plan within six weeks through which cost of agricultural inputs can be brought down to make the grower comfortable in the local market and competitive in the international market.He also directed submission ...

President approves extension in services of Chairman PARC ISLAMABAD: President Mamnoon Hussain, on the advice of the Prime Minister, has approved one year extension, on contract basis, in service of Dr.Iftikhar Ahmad as Chairman Pakistan Agricultural Research Council (PARC) from the date of expiry of his contract. Copyright APP (Associated Press of Pakistan), 2014 ...
President approves conferment of Nishan-i-Imtiaz (Military) on Chief of Indonesian Navy ISLAMABAD: President Mamnoon Hussain, on the advice of the Prime Minister, has approved conferment of Nishan-i-Imtiaz (Military) upon Admiral Dr. Marsetio, Chief of the Indonesian Navy. Copyright APP (Associated Press of Pakistan), 2014 ...
Grenade attack kills two policemen in Charsadda PESHAWAR: A grenade attacked killed two policemen and wounded another one in Charsadda on Tuesday, police said.The incident happened in the Shabqadar area of Charsadda district, 30 kilometres (18 miles) north of Peshawar, the capital of the northwestern Khyber Pakhtunkhwa province."Two men riding a motorbike threw a hand grenade on a police vehicle patrolling the area, killing two policeman and wounding another one," district police chief Shafiullah Khan told AFP.He said one of the policemen ...
No one to be allowed to take law in own hand: Pervaiz ISLAMABAD: Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid said on Tuesday that no one would be allowed to take law in their own hand.Talking to a news channel, the minister said that those who were hurling threats to disrupt life, kill political opponents, burn and and destroy property, and attack national institutions would be stopped and the law enforcement agencies were fully prepared in this regard.He said that the people of ...
Govt to provide healthy environment to future generations: Tarar  ISLAMABAD: Minister of State for National Health Services, Regulations and Coordination Saira Afzal Tarar reiterated the commitment of the government to provide a healthy environment to future generations. Addressing a ceremony of environmental awareness in Islamabad girls collage F-6/2, here Tuesday. She said the Global Climate Risk Index 1993-2012 has ranked Pakistan as the 12th most affected by extreme weather conditions. "This is a matter of concern for all of us and the Government was ...
SC disposes of petitions seeking PM's disqualification ISLAMABAD: The Supreme Court of Pakistan on Tuesday dismissed petitions seeking Prime Minister Muhammad Nawaz Sharif's disqualification. The three-member SC bench headed by Chief Justice Nasirul Mulk heard the pleas against 14th Constitutional Amendment and the disqualification of Prime Minister. The petitions were filed by Babar Awan, Manzoor Qadir, Lawyers Movement and Maulvi Iqbal Haider in 1997. Chief Justice Nasirul Mulk disposed of the petitions, terming them ineffective.Copyright APP (Associated Press of Pakistan), 2014 ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln