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Politics & Policy


CM takes notice of petrol shortage LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has taken notice of the news regarding non-availability of petrol in some cities of Punjab.He directed Cabinet Committee on Price Control, provincial administration, Commissioners and DCOs to take necessary steps in this regard so that people should not face any difficulty.Provision of petroleum products on new rates should be ensured, he said.The Chief Minister said that there should be no complaint of non-availability of petrol or diesel and it is the responsibility of the authorities concerned to ensure provision of petrol on fixed rates to the citizens.He said that immediate action should be taken over non-availability of petrol or diesel as well as against the owners of the petrol pumps involved in overcharging. Copyright APP (Associated Press of Pakistan), 2015 ...

Gilani gets protective bail for seven days from IHC ISLAMABAD: The Islamabad High Court (IHC) on Tuesday granted seven days protective bail to former Prime Minister Yousuf Raza Gilani in eight corruption cases against surety bonds of Rs.100,000 in each case.A single bench of Justice Noorul Haq N. Qureshi granted protective bail to Gilani for seven days in the cases registered against him in the Trade Development Authority (TDAP) by FIA in Karachi.During the course of proceedings, Faroq H. Naek counsel for Gillani pleaded ...
Ban urges world parliamentarians to make civil society 'equal partners in UN development agenda UNITED NATIONS: With speakers of parliament from around the globe meeting at a moment when the world is gripped by multiple crises, Secretary-General Ban Ki-moon urged the legislators to help drive forward the new UN sustainable development agenda and ensure that civil society are equal partners in 'building the future we want. "We are being challenged to strengthen our collective resolve to promote peace and security, sustainable development and human rights around the world," the ...
Reforms key to country's progress: Ahsan Iqbal ISLAMABAD: Minister for Planning, Development and Reforms Ahsan Iqbal on Monday said reforms were critical for country's progress.Chairing a workshop on implementation of Vision-2025, the minister expressed the hope that the ministries would achieve green and red scores on implementation of Vision-2025.He said that quarterly reports on implementation of goals would be submitted to Prime Minister based on performance of ministries.The minister said all pillars of Vision-2025 address Sustainable Development Goals, which are critical to ...
Sindh Home Minister inaugurates Sahil police station KARACHI: The Sindh Home Minister, Sohail Anwar Sial, here on Monday formally inaugurated a police station near Seaview.A police spokesman said that it has been named as Sahil police station and located Karachi South's Darakhsan area.A police posse consisting of 50 officers and jawans has been provided for the Sahil along with three police mobiles and five motorcycles.The Minister said on the occasion that the setting up of the Sahil is aimed at promptly addressing ...
Use of modern technology vital to boost yield LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that development of agriculture sector is the priority of the government and no effort will be spared in this regard.Addressing a high level meeting through video conference at Civil Secretariat here on Monday, he said that interests of the cultivators would be safeguarded and timely payments to sugarcane growers will be ensured.The Chief Minister said that agriculture is the backbone of national economy and there was ...
CM takes notice of students injury in accident LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has sought a report of the incident of injury to students and their teacher in a traffic accident near Haroonabad.The Chief Minister ordered an inquiry into the incident and provision of best treatment facilities to the injured teacher and students.He also directed that the persons responsible for the accident should be arrested and legal action be taken against them.Copyright APP (Associated Press of Pakistan), 2015 ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln