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Vision 2025 to focus on reoriented,repositioned human resources: Ahsan Iqbal ISLAMABAD: Federal Minister for Planning and Development, Prof Ahsan Iqbal on Friday said that vision 2025 focused on reoriented and repositioned human resources, deployment of new technologies, restructuring of institutions."The objective of our reform agenda is to restore the credibility of our institutions in performance delivery through open and reliable data system and skilled professionals", he said this while chairing the Certificate Award Ceremony of workshop on "Evidence based Planning" was held here in the Planning Commission.The Federal Minister stressed on transparency and accountability through citizen feedback, said a statement issued here.Highlighting the role of data collection in the planning and policy making, the Federal Minister said that one of the reasons of our chequered planning history was inability to produce data on scientific lines.He said the scarcity of trained human resources in demography, epidemiology and health information systems further complicated issue of good quality data from social sector particularly ...

Wall St little changed after GDP data; UMich on tap NEW YORK: US stocks held near the unchanged mark shortly after the open on Friday, following data on economic growth and ahead of a report on consumer sentiment. Gross domestic product expanded 2.2 percent in the fourth quarter, revised down from 2.6 percent estimated last month, the Commerce Department said on Friday.The economy grew at a 5 percent rate in the third quarter. "It was basically as expected, but it certainly shows weak growth in ...

Europe shares pause after best start of year in decades PARIS/LONDON: European shares edged higher on Friday, pausing after their best start to the year since regional benchmarks began in late 1986, but still supported by positive earnings reports. Shares in Airbus were up 7.5 percent after it posted a sharp rise in operating earnings, also announcing its biggest ever dividend. Bank of Ireland rose 7.2 percent after posting its first annual profit since the financial crisis, while shares in International Airlines Group rose 2.8 ...

Obama, European Council's Tusk to meet March 9 WASHINGTON: US President Barack Obama and European Council President Donald Tusk will meet at the White House on March 9 to discuss the Ukraine crisis and the fight against Islamic State militants in Iraq and Syria, the White House said on Friday. Obama and Tusk also are expected to discuss the global economy, talks toward a US-European trade deal, energy security and climate change, the White House said in a statement. Copyright Reuters, 2015

Sanofi diabetes drug Toujeo wins EU green light, pricing in focus LONDON: French drugmaker Sanofi's new Toujeo diabetes drug has been recommended for approval in Europe, two days after being cleared for sale in the United States, regulators said on Friday. The positive decision from experts at the European Medicines Agency (EMA) had been expected and paves the way for the long-lasting insulin product to be marketed soon in Sanofi's chosen first European markets, Germany and Britain. Recommendations for marketing approval by the agency's Committee for ...

Areva to cut wage bill 15pc as prospects worsen PARIS: The management of French nuclear group Areva plans to cut 15 percent of its wage bill and thereby save 300 million euros ($337 million) a year as the prospects for sales of its reactors worsen, according to union sources briefed by the new team.However, a complete financial turnaround plan for the group, which employs some 45,000 people, will not be ready for months, the sources said ahead of its March 4 results and strategic ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln