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France's Hollande welcomes Burkina Faso leader's resignation PARIS: France's President Francois Hollande on Friday welcomed the resignation of his Burkina Faso counterpart and called for calm and restraint amid unrest in the former French colony."France welcomes the resignation of the president of Burkina Faso which allows for a way out of the crisis," Hollande's office said in a statement.Hollande expressed his "solidarity" with the victims of the recent unrest wracking Burkina Faso and called for "calm and restraint from everyone involved.""France recalls its attachment to the Constitution and therefore to the quick holding of democratic elections," added Hollande.Burkina Faso's embattled President Blaise Compaore announced earlier Friday he was stepping down to make way for elections following a violent uprising against his 27-year rule.Hollande had said earlier he was "sure" Compaore would take the "right decision" to bring calm to the country.Known in colonial times as Upper Volta, the landlocked country became independent from France in 1960 and ...


Burkina army chief assumes power after president ousted: statement OUAGADOUGOU: Burkina Faso's army chief Navere Honore Traore said he was taking power on Friday as head of state after President Blaise Compaore announced his resignation."In line with constitutional measures, and given the power vacuum ... I will assume as of today my responsibilities as head of state," said Traore in a statement.Copyright AFP (Agence France-Presse), 2014

Italy confirms end of boat migrant rescue operation ROME: Italy on Friday confirmed the end of its search and rescue operation "Mare Nostrum", which has saved the lives of tens of thousands of boat migrants in the Mediterranean."From tomorrow a new operation called 'Triton' begins," deputy prime minister and interior minister Angelino Alfano told journalists at a press conference, referring to a much more limited mission led by the EU border agency Frontex."Mare Nostrum ends. Italy has done its duty," he said, adding ...

5,000 Afghan refugees return to Afghanistan in 2014 QUETTA: As many as 5,000 Afghan refugees living in camps, rural and urban settlements have returned to their home land in 2014, said Willium Lipsit, Officer In Charge, UNHCR Quetta office. Eight Afghan refugee families comprising of fifty four individuals were repatriated to Afghanistan under the UNHCR's voluntary repatriation program bringing the total number of Afghans returned to Afghanistan in 2014 to over 5,000 individuals, he said while talking to APP here on Friday. Since ...

NA speaker to lead parliamentary delegations to Spain, Cuba ISLAMABAD: National Assembly, Speaker Sardar Ayaz Sadiq is set to undertake nine days visit to Spain and Cuba on the invitation of his Spanish and Cuban counterparts.During his stay in Madrid (Spain) and Havana (Cuba), the Speaker would meet his Spanish and Cuban counterparts, leaders of the political hierarchy and parliamentarians and discuss ways and means to strengthen bilateral parliamentary and economic cooperation.The Speaker and his delegations will also interact with Pakistani expatriates and local ...

Verdict on Musharraf treason case reserved ISLAMABAD: The Special Court on Friday reserved the judgement on dismissing the high treason case against former president General (retd) Pervez Musharraf and including others as parties in the case till November 21.A three-judge bench headed by Justice Faisal Arab resumed hearing of the case today during which Musharraf's counsel Barrister Farogh Naseem submitted the rejoinder in the court.A newspaper cutting of former governor Khalid Maqbool's statement published was also presented before the bench in ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln