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JI chief demands legal, constitutional action against Altaf ISLAMABAD: Ameer Jamat-e-Islami (JI) Siraj ul Haq on Monday demanded to take legal and constitutional course action against Muthidda Quami Movement (MQM) Chief Altaf Hussain.Taking to media outside the Parliament House, he said law and order situation in Karachi is improving and peace is being gradually restored in the province."The country's real prosperity is in ensuring supremacy of the law and Constitution," Siraj ul Haq added.He said the current situation of the country is due to the wrong policies of the past and the menace of terrorism should be eliminated for making economy strong.Siraj ul Haq urged the government to make Pakistan a true Islamic welfare state.To a question, Ameer JI suggested the dialogue process should be continued with Teheek-e-Taliban after the death of Mullah Mohammad Umer.Siraj ul Haq was of the view that peace in Afghanistan was necessary for stability in Pakistan.Copyright APP (Associated Press of Pakistan), 2015

Mushahidullah urges Ulema to motivate people for trees planation ISLAMABAD: Minister for Climate Change Mushahidullah Khan on Monday urged Ulema to play role in motivating people for tree plantation across the country.Responding to a calling attention notice moved by Naeema Kishwer Khan to a matter of urgent public importance regarding loss of life, property, live-stock and infrastructure due to recent rains and floods in the country, he said, cutting of trees in the country is badly affecting climate and plantation of trees would ensure ...

Gas shortfall stands at 2.5bn cubic feet: Senate told ISLAMABAD: State Minister for Petroleum and Natural Resources Jam Kamal on Monday apprised the Senate that currently gas shortage in the country stood at 2.5 billion cubic feet that may double in next five to seven years if proper planning was not made. Responding to a resolution moved by Col (R) Syed Tahir Hussain Mashhadi regarding natural gas load-shedding in the country, the minister said Pak-Iran and TAPI gas projects were delayed due to multiple ...

Effective legislation being made to prevent underage marriages: Pervaiz ISLAMABAD: Federal Minister for Law, Justice and Human Rights Senator Pervaiz Rashid Monday informed the National Assembly during the question-hour that effective legislation is being made to prevent underage marriages in the country.Pervaiz Rashid said the Federal Government in the proposed bill has suggested that the marriage age of a girl should be 18 instead of 16 years.After the 18th Amendment, he said, the subjects of women and minors have been transferred to the provinces; ...

Schools of flood hit areas to open on Aug 15 LAHORE: Provincial Minister for Anti-Terrorism and Chairman Cabinet Committee on Flood Col. (R) Shuja Khanzada on Monday said that schools of flood-hit areas will open on August 15. However, local administration will be authorized to take decision about extending the vacations in the light of the situation, he was addressing commissioners and DCOs of affected districts through video link at Civil Secretariat, here. He said that 362 schools were affected in flood-hit areas out of ...

PML-N government has initiated mega projects in hazara division: Deputy speaker ABBOTTABAD: Deputy Speaker National Assembly Murtaza Javed Abbassi on Monday said that federal government is paying special attention towards the development of Hazara division.He said this while talking to a delegation of notables of Havelian at his chamber.He said that despite the PTI sit-in, energy crises and terrorism activities in the country, PML-N government has initiated many mega projects in hazara division.Murtaza Javed Abbasi, said that unfortunately, previous governments had neglected Hazara Division in the ...


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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 $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln