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Politics & Policy


SC accepts review petition against dismissal of Gas Infrastructure Development charges ISLAMABAD: The Supreme Court on Monday accepted the federal government's review petition against its decision regarding dismissal of Gas Infrastructure Development charges.The three-member bench headed by Chief Justice Nasir-UL-Mulk comprising Justice Gulzar Ahmed and Justice Mushir Alam accepted the petition for preliminary hearing and issued notices to respondents.During course of proceedings, Attorney General Salman Aslam Butt told the bench that the development charges tax was imposed for the development of gas infrastructure in the country and all development work was stopped due to the court decision.The court adjourned hearing for indefinite period. Copyright APP (Associated Press of Pakistan), 2014 ...

Korean Bank to finance technology park in capital ISLAMABAD: Korean Exim Bank has agreed to finance establishment of first technology park in federal capital for which work on feasibility study will be started in January next year."The establishment of technology park in Islamabad is our priority and I am pleased to share Exim Bank Korea has agreed to finance the project," Minister of State for Information Technology, Anusha Rahman said.She was chairing 28th meeting of Board of Directors of Pakistan Software Export Board ...
10 terrorists surrendered to security forces in Khyber Agency RAWALPINDI: As many 10 terrorists surrendered to security forces along with their weapons and ammunition in Bara area of Khyber Agency on Monday.According to ISPR here, since start of operation Khyber-1, a total of 350 terrorists including more than 20 important commanders have surrendered to security forces. Copyright APP (Associated Press of Pakistan), 2014 ...
Security issues could not deter Govt determination in fight against polio: Saira PESHAWAR: Minister of State for Health Services, Regulations and Coordination, Saira Afzal Tarar said Monday security issues in Khyber Pakhtunkhwa and Fata could not deter the determination of the government in the fight against polio and the time was not for away when Pakistan will achieve a polio free status. Talking to media persons after presiding over a high-level meeting on polio eradication programmes of Khyber Pakhtunkhwa and Fata here at the Office of Chief ...
PM to announce special package for Thar drought-hit people: Marvi ISLAMABAD: Prime Minister Muhammad Nawaz Sharif would soon announce a special assistance package for mitigating the sufferings of drought-hit people of Tharparkar, Chairperson National Assembly Standing Committee on Information and Broadcasting Marvi Memon said Monday.Talking to a private TV channel, Marvi said she visited the drought-hit areas of Thar for preparing a detailed report following the surveys of Pakistan Bait-ul-Maal (PBM) and National Disaster Management Authority (NDMA).The report, she said, containing recommendations, fact and figures ...
Imran dragging country into 70s politics: Siddique Al Farooq ISLAMABAD: Senior leader PML-N Siddique Al-Farooq has said that Imran Khan is trying to drag the country to the politics of 1970s.Talking to Radio Pakistan he said, Imran is working on some foreign agenda, if he wants to serve the nation, he should come to the parliament and discuss the reforms there.He said the PII led goverment in Khyber Pukhtankhwa had not completed development projects in the province and even did not spend the funds ...
SC adjourn LB election case till Dec 1 ISLAMABAD: The Supreme Court on Thursday adjourned hearing of the case regarding holding of Local Bodies Elections in the provinces of Sindh, Punjab and Khyber Pakhtoonkhwa till December 1. The three-member bench headed by Chief Justice Nasir-Ul-Mulk comprising Justice Gulzar Ahmed and Justice Dost Muhammad Khan resumed hearing of the case over different petitions for giving fresh directions to Election Commission of Pakistan as to holding of Local Government elections in the provinces of Sinhd, ...


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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