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Supplements: BUSINESS RECORDER GOLDEN JUBILEE - 50 Years of Putting the Economy First

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Celebrating Golden Jubilee is indeed a momentous occasion in the history of any organization. While it reflects the inherent strengths of an organization it also serves as a testimony of the confidence of the stakeholders in the organization to safeguard their interests.

I am delighted to felicitate the country's only premier business and finance newspaper - Business Recorder is celebrating its "Golden Jubilee". After completion of 50 years of its publication. I would not hesitate to acknowledge that Business Recorder is the major source of information particularly for the business fraternity domestic and international. I would like to congratulate its Editor Mr Wamiq Zuberi for keeping the high standards of financial journalism. Mr Wamiq and his team fully deserve to be acknowledged not just for their outstanding performance but also for becoming role models for competitors to emulate.
Business Recorder is Pakistan's foremost English language daily that covers financial, commercial and business news in the country and around the world. For the last 50 years, the newspaper has set new benchmarks in financial news coverage and fostered the highest values of responsible journalism.
MCOM a leading Advertising Agency of Pakistan wishes to felicitate Business Recorder on the auspicious occasion of its Golden Jubilee. As a proud and grateful media partner of Business Recorder, I, congratulate the management, the staff and all those associated with Business Recorder on its 50th Anniversary! Together we celebrate the glorious legacy of mutual confidence, and we share an unbounded optimism in our continued social impact and business ambitions.
Fifty years is a major milestone in the journey of any publication, and daily Business Recorder (BR) deserves very special felicitations on reaching that milestone. Being a premier financial daily of Pakistan, this accomplishment is no ordinary feast as the paper has a special readership. But this is not to say that the appeal of Business Recorder is limited.
Business Recorder commenced publication on 27th April 1965 as a four-page daily printed on flat bed. Today, by the grace of the Almighty, the solid foundation laid by its founding team and the dedication of its staff it is a 24-page daily newspaper printed simultaneously from Karachi, Lahore and Islamabad on broad sheet. This transition, however, has not been without hiccups and tribulations. The journey was arduous, even testing at times, but we have resolutely stood committed to our motto: 'In Economic development Lies Our Salvation'. In fact, this credo remains relevant and with the passage of time is indeed more compelling for Pakistan today than perhaps ever before.
"You will have in your hands the first issue of the daily "Business Recorder". You will notice that it will not be just another newspaper of the type that you are used to seeing and reading. Although daily journalism is in an advanced stage of development in Pakistan - foreigners marvel at the vast coverage of world news in our daily press - Pakistanis for the most part are poorly informed on economic subjects. This is not the fault of the existing daily newspapers; they print all the news and they do it wonderfully well within a limited space. To say cynically that it is the fault of the people themselves would be an unjust accusation."
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 30, 2015
Reserves $17.717 bln