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Politics & Policy


Politics of sit-in caused loss to economy: CM MULTAN: Punjab Chief Minister Muhammad Shahbaz Sharif said politics of sit-in caused an immense loss to economy of the country.Talking to journalists on his surprised visit to Metro Bus Service route here on Saturday, he said the national economy was improving rapidly and the report of the judicial commission would help improve economy further.He added that the government was striving hard to end unemployment and utilising all possible resources to put the country on way to progress and prosperity.Shahbaz Sharif also expressed satisfaction over work on the Multan Metro Bus project and said the work was going on with a rapid speed.The chief minister said the project would bring about a change in the region with the help of the best transportation services.About flood situation, he said magnitude of flood was low as compared to the previous years. He, however, added that the federal and Punjab governments were working in ...

SC accepts ECP's plea for phase-wise LB elections in Punjab, Sindh ISLAMABAD: The Supreme Court (SC) on Thursday accepted Election Commission of Pakistan (ECP) plea regarding holding of phase-wise local body (LB) elections in Punjab and Sindh.Justice Jawwad S Khawaja held hearing of the plea in his chamber. The SC accepted ECP’s plea after discarding registrar office’s objection. Justice Jawwad S. Khawaja issued directives to accept the plea for hearing in the court. Earlier, the registrar office had ordered the ECP to approach forum concerned for ...
Govt to utilize resources for rehabilitation of flood-hit people: CM RAJANPUR: Punjab Chief Minister Muhammad Shahbaz Sharif said that the government would take all possible steps for the rehabilitation of flood affected people.Talking to journalists after visiting a relief camp set-up for flood affected people at Kot Mitthan on Thursday, he said, "I would not take rest till the return of flood-affected people to their homes."Shahbaz Sharif lauded the efforts and arrangements made by the district government and also appreciated their performance.He said that all ...
SC seeks details about NGOs source of funding ISLAMABAD: The Supreme Court on Wednesday directed the federal and provincial governments to furnish complete details about the source of funding of Non Governmental Organizations (NGOs), mechanism to monitor their activities and process of registration.The three-member bench headed by Justice Jawwad S. Khawaja resumed hearing of the case regarding working and foreign funding of NGOs in Pakistan. The matter relating to NGOs activities had cropped up during a hearing of a case of bail application ...
Shahbaz for increasing revenue of province LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif Wednesday said that there is a need for increasing revenue of the province to provide maximum facilities to the citizens.He said this while presiding over a meeting which reviewed the performance of Punjab Revenue Authority. Chairperson Punjab Revenue Authority Dr Raheel Ahmad Siddiqui gave a briefing to the meeting.He said that Punjab government has taken effective measures for ensuring transparent and proper utilization of funds. He said that ...
CM reviews Sahiwal Power project LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif Tuesday reviewed the Sahiwal Coal Power Project through a video conference with the President of Chinese company, Hauneng Shandong, Wang Wen Zong in Beijing, China. A video of construction activities on the site of the project were also shown in the conference. Punjab government and a Chinese company agreed to take joint measures for the speedy implementation of the project. Talking to Wang Wen Zong, Chief Minister Shahbaz ...
SC seeks detailed report over non registration of FIR against accused involve in land grabbing ISLAMABAD: The Supreme Court Tuesday directed the Central Police Officer (CPO) Rawalpindi to submit a detailed report over non registration of First Information Report (FIR) against accused over detaining and torturing government officials for grabbing the forest land in Loui Bher and Takht Pari areas of Rawalpindi district. The two member bench comprising Justice Jawwad S. Khawaja and Justice Dost Muhammad resumed hearing of the case. The honourable bench asked Central Police Officer (CPO) Rawalpindi ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln