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Politics & Policy


No plan on card to privatize OGDCL: NA told ISLAMABAD: State Minister for Parliamentary Affairs Sheikh Aftab on Friday informed the National Assembly that the government has no plan to privatize Oil and Gas Development Company Limited (OGDCL) and no employee would be laid off.Responding to various points of orders raised by the opposition members, he said that neither OGDCL was being privatized nor any programme of workers retrenchment on card.He said that the government was fully cognizant of the workers rights and every step would be taken for protection of workers' rights.He said the OGDCL employees has not only violated section 144 enforced in the capital but also injured Deputy Superintendent of Police (DSP) and other constables."Employees of the ODGCL were well aware of the fact that that the government has no plan to privatize the company but they violated the section 144 imposed by local administration", he added.The minister said that the Interior Minister Chaudhary Nisar Ali ...

People not to forgive PTI for disgracing their mandate: Babak PESHAWAR: Spokesman and Parliamentary Leader of ANP in provincial assembly, Sardar Hussain Babak has said that the government of PTI in Khyber Pakhtunkhwa has become crippled and the nation will not forgive it for disgracing and letting down the mandate of the masses."PTI has done nothing for the people who voted them in power rather there was a situation of uncertainty in the province," babak said and added that "almost every house in the province ...
Minister reviews Tarbela Dam extension projects ISLAMABAD: State Minister for Water and Power Abid Sher Ali on Wednesday visited Tarbela Dam to review extension developmental projects T-4 and T-5 and expressed his satisfaction at the pace of work.General Manager Tarbela Dam, Iqbal Masood Siddiqui and Project Manager briefed the minister about the extension programmes.Talking to media, the minister said the projects were due to be completed in 2018 but on the special direction of Prime Minister the said projects would be ...
President asks VCs to give proposals about revision of national curriculum ISLAMABAD: President Mamnoon Hussain on Wednesday asked vice chancellors of federal universities to give proposals regarding revision of the national curriculum.He was talking to vice chancellors of federal universities who called on him at Aiwan-e-Sadr.The President said that all provinces had agreed to work jointly for revision of the national curriculum. The President sought recommendations for inclusion of religious seminaries in the national curriculum.The President said that degradation of society had declined in the education ...
Govt announces Rs 3,000 support price of cotton: NA told ISLAMABAD: Minister for Textile and Industry Abbas Khan Afridi Wednesday informed the National Assembly that the government had announced Rs 3,000 per 40 kilograms support price of cotton. In Question Hours, he said, Trading Corporation of Pakistan (TCP) had been directed to purchase the cotton from the farmers. The Minister said the government was committed to protect the interest of the farmers and TCP had started to purchase cotton from the farmers. He said cotton ...
Committee constituted to make EOBI sustainable: NA told ISLAMABAD: Minister for Defence Production Rana Tanveer Hussain on Wednesday said a committee has been constituted to make Old Age Benefit Institute (EOBI) self sustainable and viable institute to enable it to pay pensions of registered employees in a smooth way. Responding to Calling Attention Notice moved by Muhammad Pervaiz Malik, Mian Abdul Manan, Qaiser Ahmad Sheikh and Mehar Ishtiaq Ahmad, the minister said the committee headed by Finance Minister Ishaq would submit its report ...
PM discusses political situation with Saleem Zia, Sherpao ISLAMABAD: Secretary General Pakistan Muslim League-Nawaz Sindh Saleem Zia and Qaumi Watan Party chief Aftab Ahmed Khan Sherpao separately called on Prime Minister Muhammad Nawaz Sharif here at his Parliament House Chamber on Tuesday.Overall political situation came under discussion during the meetings. Copyright APP (Associated Press of Pakistan), 2014 ...


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Banking Review 2013

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