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President for focus on non-traditional markets to achieve $ 4b rice export target ISLAMABAD: President Mamnoon Hussain on Tuesday said the apprehension of current trends, use of the latest technology and keeping in view market demands, were the prerequisite to realize the true potential of trade.He was addressing the 7th Export Trophy function of the Rice Exporters Association of Pakistan (REAP) here.The President said Pakistani exporters should fully exploit the international market opportunities as per their true potential and besides the traditional markets in Europe and the US, they should also focus on countries of Far East and Central Asia.He was confident that if serious efforts were made and these markets were focussed, Pakistan could achieve the rice export target of $ 4 billion per annum.Stressing the need of enhanced research and development, the President called for establishing more institutions of research and development for the guidance of people in different fields.He noted that the work on research and development had already been ...

Violation of Saudi Arabia's territorial integrity, sovereignty to evoke strong reaction from Pakistan ISLAMABAD: A high level meeting chaired by Prime Minister Muhammad Nawaz Sharif Tuesday categorically stated that any violation of the territorial integrity and sovereignty of Saudi Arabia would evoke a strong reaction from Pakistan.The meeting held here at the Prime Minister House was attended by Minister for Finance Ishaq Dar, Minister for Defence Khawaja Muhammad Asif, Advisor to Prime Minister on National Security Sartaj Aziz, Special Assistant to Prime Minister Tariq Fatemi, Secretary Foreign Affairs ...

Thumb impressions verification ordered in NA-128, PP-160 LAHORE: An election tribunal on Tuesday ordered verification of thumb impressions from National Database & Registration Authority (NADRA) of votes polled in NA-128 and PP-160 constituencies.The tribunal comprising Justice (R) Kazim Ali Malik passed the orders while allowing applications filed by PTI Runner-up candidates Malik Karamat Ali Khokhar and Malik Zaheer Abbas Khokhar for verification of voter's thumb impressions in NA-128 and PP-160 respectively.The applications were filed in pending election petitions being heard by the ...

Meeting reviews progress on matters of Federal Bureau of Revenue, Finance Division ISLAMABAD: Federal Minister for Finance, Senator Mohammad Ishaq Dar on Tuesday chaired a meeting to review the progress on different matters related to Federal Bureau of Revenue and Finance Division.The Minister looked into the financial impact of prices of POL products as suggested by OGRA for the Month of April 2015.The Minister reviewed the proposals in great detail and recommendations for the Prime Minister were firmed up.The Secretary Finance apprised the Minister about the matters ...

Pak China Corridor arouses interest in global investors: Javed Malik ISLAMABAD: Pakistan's Ambassador at Large and PM's Special Envoy Javed Malik has said that Pak-China Economic corridor and Gawadar port had the potential to revolutionize the regional and international trade to make Pakistan a global business and trade hub.According to a message received here on Tuesday he said this during his interactions with key participants on the sidelines of the international Annual Investment Conference in Dubai. The conference was attended by delegates from over 60 ...

Capacity enhancement programmes for IT companies be launched to boost exports: Anusha ISLAMABAD: Minister of State for Information Technology and Telecommunications, Anusha Rahman on Tuesday emphasized that capacity enhancement programmes for IT companies should be launched to boost IT exports.Pakistan has witnessed 35 per cent growth in IT exports over last year with a forecast of US $ 500 million in IT remittances during 2014-15.The Minister was chairing the 29th meeting of Board of Directors of Pakistan Software Export Board (PSEB) to assess state of the IT ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln