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Politics & Policy


National economy growing due to PML-N policies: CM LAHORE: Punjab Chief Minister Shahbaz Sharif has said that national economy was improving due to economic policies of the PML-N government. Talking to members of Parliament from Bhakkar including Senator Zaffarullah Khan Dhandla, MNA Dr Afzal Dhandla, MPAs Ghazanfar Abbas Cheena, Amir Anayat Shahani and Inamullah Khan Niazi here on Monday, he said that true independence was not possible without economic self-reliance. He said that the strategy adopted by the federal government under the dynamic leadership of Prime Minister Muhammad Nawaz Sharif for the promotion of investment, economic, trade and industrial activities was yielding positive results. He said that the government was giving top priority for resolving energy crisis and all necessary measures were being taken in this regard. Copyright APP (Associated Press of Pakistan), 2015 ...

Steps for welfare of masses to continue: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif on Monday said the government has taken a number of welfare measures for improving the living standard of deprived segments of the society.Addressing a high level meeting at Civil Secretariat through video link here, he said that various welfare programmes were continuing successfully in Punjab for providing relief to the people.He said that public welfare programmes like metro bus, educational fund, Daanish schools, Ayeshana and self-employment scheme have ...
PM condemns bomb blast at Bajaur ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has strongly condemned the bomb blast at Bajaur Agency on Monday morning.The Prime Minister extended condolences to the families of those who lost their lives and reiterated the resolve that all steps would be taken to eliminate terrorism and extremism from the country.Copyright APP (Associated Press of Pakistan), 2015 ...
International business delegation meets Dar ISLAMABAD: A 7-member international business delegation led by Ambassador, Javed Malik, Prime Minister's Special Envoy, called on Finance Minister, Senator Mohammad Ishaq Dar here Monday.A statement issued here Monday said that members of the delegation apprised the minister that encouraged by the remarkable economic stability that Pakistan had achieved they were currently visiting Pakistan to explore investment opportunities here.The Minister welcomed the delegation and give them a brief overview of the state of national economy, ...
LHC orders NTDC to maintain status quo on Rs 40 million contract LAHORE: The Lahore High Court Monday directed the National Transmission and Dispatch Company (NTDC) to maintain status quo on a Rs 40 million contract for procurement of dampers and other material from a Turkish company for a 500KV transmission line from Neelum-Jhelum Hydro Project to Domeli.The court also directed a deputy attorney general and standing counsel to ensure representation of Public Procurement Regulatory Authority (PPRA) on next date of hearing (May 15).Justice Muhammad Farrukh Irfan ...
Pakistan in process to develop a culture of political endurance: Raza Rabbani ISLAMABAD: Chairman Senate Mian Raza Rabbani said on Monday that Pakistan was in a process to develop a culture of political endurance that came in the form of 18th Amendment.He was speaking at the Post Election Seminar, jointly organized by Senate of Pakistan and Commonwealth Parliamentary Association (CPA) here at Pakistan Institute of Parliamentary Studies (PIPS).He said since passage of the 18th amendment of the constitution, no steps had been taken to fully implement it ...
PTI chief twisting verdict of Election Tribunal on NA 125: Saad ISLAMABAD: Minister for Railways Khawaja Saad Rafique on Monday said that Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan was twisting the verdict of Election Tribunal on NA-125.In a statement issued here, the minister said that on 17 polling stations of NA 125 only six voters cast two votes each nor one person cast six votes each, as claimed by Imran Khan.In the 17 polling stations of NA 125, PTI had won on 10 polling stations, the ...


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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 $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln