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Govt providing facilities to foreign investors LAHORE: Punjab Finance Minister Mujtaba Shuja ur Rehman has said that provincial government is providing all out facilities to the foreign investors.He expressed these views while inaugurating Honourary Consulate of Republic of Sudan here Friday. He said, with the opening of honourary consulate of Republic of Sudan in Lahore, traders' activities will flourish in the province especially in the provincial capital. He said that bilateral trade between the two brotherly countries will also be enhanced and the friendly relations would be further strengthened.Mujataba Shuja ur Rehman said that the present government was well aware of the latest requirements of the modern era, therefore, the provincial government had given top priority to attract foreign investment in the province.Minister Investment Sudan H.E Dr. Mustafa Usman Ismail, Ambassador of Sudan H.E Al-Shafi Ahmed Muhammad and Honourary Consulate Ali Behran were also present.Copyright APP (Associated Press of Pakistan), 2014

Special court orders to induct ex PM Shaukat Aziz in Musharraf case ISLAMABAD: A special court trying former military ruler Pervez Musharraf for treason on Friday ordered the government to add a former prime minister, law minister and chief justice to the charge sheet. The move will further prolong proceedings against Musharraf over his decision to suspend the constitution and impose emergency rule in 2007.The charges, first announced by the government a year ago, have raised hackles in the powerful military establishment, which is seen as reluctant ...

Tajikistan Foreign Minister meets PM ISLAMABAD: Foreign Minister of Tajikistan Mr. Sirojidin Aslov met Prime Minister Muhammad Nawaz Sharif at the PM House here on Friday.This meeting was in continuation with the Prime Ministers June visit of Tajikistan. Talking to him the Prime Minister said that Pakistan has deep historical bonds with central Asian region and the country wishes to transform these cordial ties into a strong economic partnership. The Prime Minister emphasized on improving trade relations with Tajikistan. He ...

WHO confirms DR Congo Ebola-free status GENEVA: The World Health Organization confirmed Friday that the Democratic Republic of Congo was Ebola-free, as 42 days had passed since the last case in an outbreak that killed at least 49 people.The DRC outbreak, which began in August, involved a different strain of Ebola from the one that has claimed more than 5,400 lives in west Africa."The Democratic Republic of Congo is now considered free of Ebola transmission," the UN health agency said in ...

Kerry to leave Iran talks in Vienna for Paris later Friday: US VIENNA: US Secretary of State John Kerry will return Friday to Paris for consultations amid talks in Vienna aimed at settling a dispute over Iran's nuclear programme, days before a deadline.Kerry will travel to "Paris, France this evening for consultations with his European counterparts about the ongoing Iranian nuclear negotiations," State Department spokeswoman Jen Psaki told reporters without saying whether he would return to the Austrian capital.Copyright AFP (Agence France-Presse), 2014

Pakistan making rapid progress towards democracy, economy: Chairman Senate ISLAMABAD: Chairman Senate Syed Nayyer Hussain Bokhari Friday said that democracy is advancing along with economic revival and prosperity in the country.He made these remarks while addressing a largely-attended dinner of diplomats, parliamentarians and journalists, hosted in his honour by Pakistani Ambassador Masood Khan, said a press release issued here.Nayyer Bokhari said that although beset with terrorist threats like many countries in the world, the situation in Pakistan is not as bad as being projected ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln