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Pakistan and Qatar on Monday signed agreements to further deepen mutually beneficial co-operation existing between the two countries in the fields of education, culture, youth and sports. Agreements were signed following delegation-level talks between the two countries.

Ministry of Planning, Development and Reform has revised downward the GDP growth rate of 2014-15 to 4.5 per cent against the original target of 5.1 per cent due to impediments in agriculture and industrial sectors besides energy shortfalls and law and order.
A joint military parade of Pakistan's armed forces will take place today (Monday) in connection with Pakistan Day celebrations. The last military parade took place on March 23, 2008 during the tenure of Gen Pervez Musharraf. According to sources, the decision for this year's military parade was taken with a view to renewing the pledge to eradicate the menace of terrorism and extremism and express solidarity with the armed forces and martyrs.
Chief of Army Staff (COAS) General Raheel Sharif on Sunday reiterated that military operations would continue to clear all the terrorists from urban centres and remote areas at all costs to bring peace and prosperity in the country. He reaffirmed Pakistan Army's determination to take the ongoing military operations to a logical conclusion. The terrorists squeezed in isolated pockets would be targeted with precision for elimination, he added.
Prime Minister Nawaz Sharif Saturday said the ongoing operation in Karachi was against criminals and not against any particular political party. Talking to the members of business community here at the Sialkot Chamber of Commerce and Industry, the Prime Minister said the Karachi operation would be taken to its logical conclusion.
Sensing economic indicators' movement in a favourable direction, the State Bank of Pakistan (SBP) on Saturday announced a cut in key policy rate of 50 basis points (bps) from 8.5 percent to 8.0 percent. The Central Board of Directors of SBP, met this week-end under the chairmanship of Governor State Bank of Pakistan Ashraf Mehmood Wathra and after detailed deliberations on economic indicators, decided to further ease monetary policy stance for the next two months.
Economic Co-ordination Committee (ECC) of the Cabinet has allowed Petroleum Ministry to supply imported LNG to fertilizer sector after fulfilling power sector's needs. Official documents available with Business Recorder reveal that the ECC was informed that a persistent shortfall in gas supply in the SNGPL system led to a heavy gas curtailment in various gas consuming sectors, including fertilizer.


Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88

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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 13, 2015
Reserves $16.273 bln