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Politics & Policy


Court issues non-bailable arrest warrants of Musharraf ISLAMABAD: Additional District and Sessions Court on Thursday issued non-bailable arrest warrants of former president Pervaiz Musharraf over his consistent absence in Ghazi Abdul Rasheed murder case.Additional District and Sessions Judge Wajid Ali Khan heard Abdul Rasheed Ghazi murder case here and directed the police to present Musharraf on next date of hearing besides he ordered to seize the surety bonds of his guarantors.Musharraf's new lawyer Malik Tahir Mehmood submitted power of attorney, which was accepted by the court. He apprised the court that his client could not appear before the court due to health problems and a nine-member medical board had been established in this regard.He appealed to the court to exempt former president from appearance till the completion of report by medical board.Raising objection on the arguments, the counsel for Lal Masjid Tariq Asad Advocate said the medical board was established in Bugti murder case and it has ...

IHC reserves decision in triple murder case  ISLAMABAD: Islamabad High Court (IHC) on Thursday reserved its decision in a plea challenging the death warrants issued by Anti-Terrorism Court in a triple murder case. The two member divisional bench of IHC heard the petition filed by Zulifqar, who was earlier declared convict in a triple murder case and later ATC Islamabad issued his death warrants. The counsel for the petitioner Rana Ishfaq informed the court that earlier the ATC Rawalpindi announced death penalty ...
Formation of judicial commission defining moment in political history: Shah Mehmood ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), Senior leader Shah Mehmood Qureshi on Thursday said that formation of Judicial Commission was a key defining moment in the political history of the country.The ruling Pakistan Muslim League (PML-N) and PTI on Wednesday singed a Memorandum of Understanding ( MoU) to constitute a judicial commission that will investigate allegations of rigging in the 2013 general elections.In a statement he said, "this historical move would provide the road map for independent ...
Saira directs early finalization of national health policy framework ISLAMABAD: Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar has directed early finalization of national health policy framework.Chairing a high level meeting here, the minister said it was essential to harmonize efforts and provide for a framework that would allow the Ministry of National Health Services and provincial health departments to work in close coordination in accordance with their defined roles and responsibilities.She said the framework would provide for a clear vision ...
President assures patronage of sports at grassroots level ISLAMABAD: President Mamnoon Hussain has said development of sports infrastructure and its patronage at grassroots level can help Pakistan make a come back in all fields of sports.In an interaction with the legends of cricket, hockey, squash and athletics here at the President House on Tuesday evening, the President said every possible effort would be made for the patronage of sports and players in the country.The function was part of a series of events organized ...
LHC dismisses petitions challenging appointment of DG Rescue LAHORE: The Lahore High Court on Wednesday dismissed petitions challenging appointment of Dr Rizwan Naseer as Director General Rescue 1122.Justice Mirza Viqas Rauf heard the petitions filed by Shahid Ikram and Faisal Mehboob.Earlier, petitioners' counsel arguing before the court submitted that Dr Rizwan was appointed in violation of rules. He submitted that neither the post was advertised in the news papers nor Dr Rizwan possess required qualification for the job. He pleaded the court to ...
IHC decides daily basis hearing of restoration case of Chairman OGRA  ISLAMABAD: Islamabad High Court (IHC) Wednesday decided to hear the petition against restoration orders of Chairman OGRA by one member bench, on daily basis from next week. The two-member divisional bench of IHC, comprising Justice Athar Minallah and Justice Aamir Farooq, heard the petition of Federation seeking to set aside the decision of one member bench to restore Saeed Ahmad Khan on post of Chairman OGRA. Justice Athar Minallah remarked that federal government was authorized ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln