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Politics & Policy


Zaeem rejects corruption allegations in metro bus project LAHORE: Punjab government spokesman Syed Zaeem Hussain Qadri Monday rejected Aitzaz Ahsan's allegations regarding corruption in the metro bus project and said about 200,000 people travelled by the facility daily which showed its importance. Commenting upon the statement of PPP leader Aitzaz Ahsan, he said every penny was spent on development projects in Punjab in accordance with the Constitution and law as the Transparency International had also described all these projects in the best interest of the people. He said that cases against Sharif brothers were registered on political basis during the tenure of Pervaiz Musharraf and despite all his efforts, no allegation could be proved. Zaeem Qadri said that Asghar Khan case would be faced. People, he said, were fully aware of the reality of these cases. He said that people have supported the politics of principles of Sharif brothers by expressing confidence in them in the general elections. ...

PML-N to emerge winner in LG polls: Bosan MULTAN: Federal Minister for National Food, Security and Research, Haji Sikandar Hayat Bosan Monday said that PML-N would win local government elections with a big margin.Addressing union councils No. 94 and 95, he said that the government was attaching greater importance to uplift civic infrastructure in rural union councils. This was the reaon, sewerage lines project worth Rs 100 million was under execution in these union councils, said a press release issued here.He said that ...
President approves summaries ISLAMABAD: President Mamnoon Hussain Monday accorded approval to the Prime Minister's advice on a number of summaries initiated by the National Assembly Secretariat.According to a press release, on a summary, the President accorded his assent to the Countervailing Duties Bill, 2015 under clause (1) of Article 70 read with Article 75 of the Constitution of the Islamic Republic of Pakistan.The Countervailing Duties Bill, 2015 was originated in the Senate and passed by it on August ...
SC seeks report on steps taken for national housing policy ISLAMABAD: The Supreme Court on Monday directed the federation and all the four provinces to submit comprehensive reports over steps taken for the implementation of National Housing Policy 2001 with details of funds allocated for this project.The bench remarked that the stay order against Katchi Abadi operations will continue till next hearing.A three-member bench of the apex court headed by Chief Justice Jawwad S. Khawaja comprising Justice Dost Muhammad Khan and Justice Qazi Faez Isa ...
PAF playing effective role in Zarb e Azb: PM ISLAMABAD: Prime Minister Muhammad Nawaz Sharif describing Pakistan Air Force as one of the best air forces in the world Monday said, the PAF was playing a very significant role in the ongoing Operation Zarb e Azb.In a message on 50th Yaum-e-Fazaia, the Prime Minister said that fifty years back, the PAF defended the country's air space with bravery and valour, inflicting heavy defeat upon enemies.The PAF stalwarts like M M Alam who destroyed enemy's ...
Govt committed to resolve public problems: Bosan MULTAN: Federal Minister for National Food Security and Research Sikandar Hayat Bosan on Saturday said that resolution of public problems was top priority of the government. He said this while inaugurating the widening of Sikandari-nala Road from Pul Bypass to Pul Lungrial here. He said that the road scheme would cover seven kilometre length and Rs 90 million would be spent on it. He stated that the road would be further widened to Sher Shah ...
CM expresses grief over loss of lives in roof collapse LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has expressed a deep sense of sorrow and grief over the loss of precious human lives due to collapse of a roof owing to blast of a boiler of a factory in Ghakhar Mandi, Gujranwala.He has expressed sympathies with the heirs of labourers who have lost their lives due to collapse of roof. The chief minister while taking notice of the incident has sought a report from administration ...


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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 $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln