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Politics & Policy


Khursheed Shah favors arresting electricity thieves ISLAMABAD: Opposition leader in the National Assembly Syed Khursheed Shah Wednesday said that people involved in the electricity theft must be arrested and punished. Speaking in the National Assembly he said that, "I am in favor, the persons involved in the electricity theft must be sent to jail, if I am involved in electricity theft I am also eligible for the same treatment". The opposition leader said that the person using electricity must pay bill to the government. Around 1300 person killed in Karachi due to harsh weather condition and load shedding, the House must discuss the situation and fix the responsibility of it, he said. "The people died due to harsh weather condition are Pakistani and the responsibility of the issue must be fixed for justice," he added. He asked the government to stop paying Rs 30 billion per annum to Karachi Electric Supply Company (KESC) as fuel difference ...

SC hears petitions challenging 18th & 21st amendments ISLAMABAD: The Supreme Court on Wednesday heard the petitions challenging the 18th and 21st amendments to the Constitution.The 17-member Full Bench of the Supreme Court headed by Chief Justice Nasir-ul-Mulk resumed hearing of the case filed by different bar associations of the country.During the course of proceedings, parents of martyred children of Army Public School also appeared before the court. A video of banned Tehreek-e-Taliban Pakistan (TTP) leader Mulla Fazal Ullah was also shown in ...
No mercy for spurious medicines traders: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif here Wednesday chaired a meeting to review crackdown against elements involved in business of spurious medicines. The Chief Minister said the heinous trade of spurious drugs would be controlled in the province and a vigorous crackdown had been launched for this purpose. He said that he will personally monitor the crackdown against spurious medicines, adding that elements playing with human lives deserve maximum punishment and will be shown ...
Govt desires opposition's participation in House proceedings  ISLAMABAD: Minister for Information, Broadcasting and National Heritage, Senator Pervaiz Rashid on Tuesday said it was earnest desire of the government that opposition parties had participated in budget proceedings. "It is our earnest desire that opposition comes to the House. Our eyes are still looking for them. We tried our utmost to bring them back," he said in National Assembly on a point of order to explain the situation emerged after opposition parties' walkout. "What ...
Spurious medicines traders enemies of humanity: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif said on Tuesday that those producing and selling spurious medicines were enemies of humanity and indiscriminate crack down against such elements should be continued. He said that no leniency would be shown against such elements as were playing with human lives and those involved in this heinous trade should be in jail. He said that he would go to any extent against the producers and sellers of spurious ...
Governor directs K-Electric to restore power supply KARACHI: Sindh Governor Dr. Ishrat-ul-Ebad Khan on Monday held a meeting at the Governor House to review the situation emerging from the continuing scorching heatwave in Sindh, including Karachi. He directed K-Electric to restore power supply in the areas without electricity. He also asked K-Electric authorities to make every possible effort to overcome unscheduled loadsheding in the city to provide relief to the people experiencing very hot weather, said an official statement.He directed that water ...
People cannot be left at mercy of hoarders: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that people cannot be left at the mercy of hoarders and profiteers and no one will be allowed to exploit the citizens.He was presiding over a meeting through video link at Civil Secretariat here on Monday during which measures for providing relief to the people through Ramazan Bazaars were reviewed in detail.He said that all out efforts should be made for provision of relief to 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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln