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US ambassador to Pakistan Richrad W Olson Saturday called on Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan to discuss a single-point agenda - the anti-government sit-in against ruling Pakistan Muslim League-Nawaz (PML-N) for alleged rigging in the 2013 general elections.

Prime Minister Nawaz Sharif has said the next general elections would be held in 2018. According to an official statement issued by the Prime Minister's Office on Saturday, Nawaz added that all political forces have stakes in the democratic system. "We all know that loyalty to the Constitution is an imperative for us, and it is no more an issue of choice.
Finance Minister Ishaq Dar left for Dubai on Saturday to hold roadshow to float $500 million Sukuk bonds in the international market, sources said. Sources added the Finance Minister after holding a roadshow in Dubai on Monday would leave for London. Dar stated during a recent media briefing that the government plans to increase country's foreign exchange reserves to $15 billion by December 31, 2014 through floating $500 million Sukuk bonds and receiving the fourth and fifth tranche amounting to $1.1 billion from the International Monetary Fund (IMF).
Finance Minister Ishaq Dar has said the government would continue to pursue its policy to bring further macroeconomic stability, reduce energy shortages and help in a transparent manner the vulnerable segment of society through Income Support Fund which has increased from Rs 30 billion cash to Rs 95 billion cash in first 13 months of Prime Minister Nawaz Sharif's government.
Interior Minister Chaudhry Nisar Ali Khan Saturday categorically rejected presence of Islamic State (IS) in Pakistan, saying that elements talking about presence of such an organisation aimed at maligning the government. "Some militant organisations are using the name of IS and resorting to wall chalking, but, so far, there is no evidence of such an organisation in the country", said Nisar Ali Khan while talking to media persons here on Saturday.
The Direct-orate General of Intelligence and Investigation Inland Revenue of Federal Board of Revenue (FBR) is planning to raid the production premises/offices of ghee and cooking oil industry for getting tax record for recovery of evaded amount of sales tax on edible cooking oil/vegetable ghee. Sources told Business Recorder here on Saturday that it is the first major enforcement action of the newly appointed Director General DG I&I IR Haroon M K Tareen against one of the biggest sector - ghee and cooking oil.
Federal government had released Rs 111.13 billion for the Public Sector Development Programme (PSDP) by November 21 in the current year, which is 21.2 percent of total allocation of Rs 525 billion of development budget. A high official source in the Ministry of Planning, Development and Reforms told Business Recorder that the government released a smaller amount for PSDP in the early months of financial year, and accelerated the releases as the fiscal year advanced.
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln