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Artificial shortage of petrol not to be tolerated LAHORE: Provincial Minister for Food and Chairman Cabinet Price Control Committee Bilal Yasin has said that strict action will be taken against petrol pump owners for creating artificial shortage due to possible reduction in prices of petroleum products.Presiding over a meeting of Cabinet Price Control Committee at Civil Secretariat here on Monday, he said that all petrol pump owners have been directed to keep stock of petrol before February 1.Secretary Industry told the meeting that at present, petrol was available at 95 percent petrol pumps in the city and people were not facing any difficulty, adding that 2.5 million liter petrol was being provided to the petrol pumps on daily basis.The meeting was briefed that due to strict monitoring, LPG prices have reduced considerably and people were provided relief.The minister directed that inspection should be made more effective for taking the profiteers to task and no negligence should be shown ...

Pakistan wants peace, progress in region: Aizaz ISLAMABAD: Secretary Foreign Affairs Aizaz Chaudhry Monday said Pakistan wanted peace, progress and balance of power in the region.The country's present leadership was working for the establishment of an economic corridor to achieve progress and prosperity in the the area, he said while talking to a news channel. Aizaz Chaudhry said Pakistan wanted better relations with regional and neighbouring countries, including India. Pakistan even went two steps forward to resolve the issues with India, but ...

Pervaiz Rashid accepts PTI challenge for live debate on formation of judicial commission ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Monday accepted the challenge given by Pakistan Tehrik-e-Insaf leader Asad Omar regarding live debate on national electronic media on the issue of formation of judicial commission to probe alleged rigging in general election of 2013.Talking to media persons after attending a conference organized by Pakistan Ulema Council (PUC) here, he welcomed the PTI leader's offer and said that PTI should nominate its participant ...

Pakistan democratic, peace loving state: Pervaiz Rashid ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Monday said Pakistan is a peace loving and democratic state and believes in peaceful co-existence of states and desires friendly and peaceful relations with all countries including its neighbors.Senator Pervaiz Rashid said this during a meeting with Maleeha Lodhi, Pakistan's Permanent Representative designate to the UN who called on him here.This he said, born out of the fact that Pakistan had been the ...

Five dead in landmine blast in Dera Murad QUETTA: At least five people were killed and one injured when a pick-up truck hit a landmine in the southwestern province of Balochistan on Monday, officials said. The incident happened in the Chattar area of Dera Murad district, around 160 miles (257 kilometres) southeast of the provincial capital of Quetta. "Five people were killed when a passenger pick-up stumbled upon a landmine," local police official Gulab Shah told AFP.Pick-up truck is the most common mode ...

President appreciates role of Wafaqi Mohtasib ISLAMABAD: President Mamnoon Hussain Monday lauded the Wafaqi Mohtasib for providing free of cost justice to the common man who had fallen prey to official apathy, incompetence and maladministration.Chairing a meeting here at the Federal Ombudsman Secretariat, the President particularly appreciated the institution for providing expeditious relief to the people for their grievances against Government Departments.He acknowledged the special initiatives taken by the Wafaqi Mohtasib for appointment of Grievance Commissioners for Overseas Pakistanis, Civic Agencies ...


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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 $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
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