Karachi: : The country’s foreign reserves clocked at USD 18.04 bn in the week ending on August 13, 2011 against USD 17.97 bn in the previous week, depicting an increase of 0.39% Wow and up by USD 70mn. Reserves held by the State Bank of Pakistan (SBP) reached USD 14.55 …
Read More »Daily Archives: August 19, 2011
President directs finance team to consider feasibility of floating infrastructure bonds
Islamabad: A Meeting of Finance team of the government held today in the Presidency with President Asif Ali Zardari in the chair took stock of the overall financial and economic situation of the country and the various measures being undertaken to address the economic issues facing the country. The meeting …
Read More »Farmers might face a loss of PkR 150 bn loss during Kharif & Rabi season
Karachi: With current gas curtailment, the fertilizer units in the country have lacked production up to their complete capacity which has caused acute shortage of urea in major parts of the country and have compelled retailers to black market the product, as a result of which the farmers could suffer …
Read More »Munir Ahmed appointed as Additional Secretary Establishment Division
Islamabad: Prime Minister Syed Yusuf Raza Gilani has appointed Mr. Munir Ahmed, a BS-21 Secretariat Group Officer of Balochistan Province, as Additional Secretary Establishment Division. For more information, contact: Haji Ahmed Malik Principal Information Officer Press Information Department (PID) Tel: +9251 925 2323 and +9251 925 2324 Fax: +9251 925 …
Read More »High level meeting on the Law and order situation in Karachi held
Islamabad: The meeting was attended by Dr. Ishratul Ibad Khan, Governor Sindh, Syed Qaim Ali Shah, Chief Minister Sindh, Syed Khursheed Shah, Federal Minister for Religious Affairs, Mr. M. Salman Faruqui, Secretary General to the President, Manzoor Hussain Wasan, Sindh Home Minister, Agha Siraj Durrani, Minister for Local Government Sindh, …
Read More »Prime Minister Gilani directs payment of 25 billion to Pakistan State Oil and other oil companies by September 15, 2011
Islamabad: Prime Minister Syed Yusuf Raza Gilani has directed the Ministry of Finance and Water and Power to pay Rs. 25 billion to PSO and IPPs by September 15, 2011 enabling them to generate electricity to the maximum capacity so that people are subject to minimum loadshedding during the Eid …
Read More »Outgoing Ambassador of Egypt pays a Farwell call on the President
Islamabad: The outgoing Ambassador of Arab Republic of Egypt to Pakistan Mr. Magdy Mahmood Helmy Amer paid a farewell call on President Asif Ali Zardari at Aiwan-e-Sadr today. While discussing Pak- Egypt relations, , the President said that Pakistan values its cordial and friendly relations with brotherly Muslim country Egypt …
Read More »