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Iran slashes highly-enriched nuclear stock: UN watchdog VIENNA: Iran has cut its stock of highly-enriched uranium by 75 percent, a new report by the UN's nuclear watchdog revealed Thursday.The monthly update by the International Atomic Energy Agency (IAEA), seen by AFP, showed Tehran remained in compliance with a November interim deal made with world powers, drawn up as part of efforts to find a lasting solution to Iran's controversial nuclear drive.Under the agreement, Iran pledged to "dilute" half of its highly-enriched uranium by mid-April, with the rest to be converted by mid-July. The IAEA report also said that progress on a plant in Tehran that will be used for the conversion of low-enriched uranium had been delayed, but that Iran had said this will not prevent it from fulfilling its part of the deal by the July 20 deadline.Diplomats who saw the document told AFP everything was in order. The international community was "keeping an eye" on ...

ECC approves Rs2 billion for Ramazan Relief Package ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved, in principle, Rs. 2 billion, for Ramzan Relief Package to provide essential commodities on controlled rate during the Holy Month of Ramazan, 2014.The ECC which met here under the chairmanship of Minister for Finance, Mohammad Ishaq Dar also decided that the details of the relief on essential commodities will be submitted by the Utility Stores Corporation (USC) in the next meeting for consideration.The ...
PM reviews progress on Diamer-Bhasha Dam Project ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday said that the construction of Diamer-Bhasha Dam will not only cater for energy requirements of the country but at the same time, it would be a source of development for Gilgit-Baltistan.The Dam will prove to be an economic milestone for the country, he said while reviewing progress on Diamer-Bhasha Dam Project here at the PM House.The Prime Minister directed that 1% of the project cost should be ...
Rabbani seeks information about charges on released Taliban prisoners ISLAMABAD: Senator Mian Raza Rabbani Thursday sought information about the allegations and charges on the prisoners released on demand of Taliban.On a Point of Order, the Senator said the prisoners of Taliban were released but they did not extend cease-fire. "The prisoners were released to take further the dialogue process but it could not happen."Senator Rehman Malik said TTP and some other anti-state forces were active.He alleged Taliban wanted a time to regroup and appreciated ...
OGDCL's policy for auctioning old vehicles comes as surprise ISLAMABAD: The sub-committee of Public Accounts Committee (PAC) on Thursday expressed surprise over the OGDCL's policy allowing its employees to purchase used vehicle from company's pool at a throw away price.The audit officials informed the committee which met here with Syed Naveed Qamar in the chair to discuss audit paras of the company for year 2002-03 that in one instance, the company's management gave way a car with book value of Rs 1.3 million to ...
Pak-Saudi JC agree upon organizing mutual fairs, exhibition ISLAMABAD: Pakistan and Saudi Arabia on Thursday agreed upon organizing mutual fairs, business and industrial exhibitions in both countries to exhibit each country's products in the other.The agreement to this effect was made during the 10th Session of the Pakistani-Saudi Joint Commission which was held in Riyadh, said a statement issued by the Ministry of Commerce.Minister for Commerce, Engineer Khuram Dastgir Khan headed the Pakistani side while the Saudi side was headed by Minister for ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln