Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Federal Finance Minister Dr Abdul Hafeez Shaikh on Tuesday said that the United States will reimburse $600 million under coalition support fund (CSF) in few weeks. Speaking to a private TV channel, the finance minister said his talks with World Bank, IMF and American officials were quite effective. He further stated that during his […]
Stressing over importance of the Kalabagh dam, nuclear scientist and chief of Tehrik-e-Tahafuz Pakistan (TTP) Dr Abdul Qadeer Khan on Saturday said construction of Kala Bagh Dam has become imperative at this critical juncture when country is facing acute shortage of electricity. During an interview with a private TV channel, the father of the […]
Ameer Jamiat Ulema-e-Islam (JUI-F) Maulana Fazlur Rehman has said that the government and Pakistan Army were using the Malala incident to launch operation in North Waziristan. Addressing a public gathering in Sukkur, the religious leader said that some people were playing politics on the Malala issue and making efforts to suppress the religious parties. He […]
Spanish police fired rubber bullets and charged protestors in central Madrid early Friday at the end of a huge demonstration against economic crisis measures. The protest was was one of over 80 demonstrations called by unions across the county against civil servant pay cuts and tax hikes which drew tens of thousands of people, including […]
Islamabad: (Tuesday, July 17, 2012) Pakistan’s current account deficit has increased to $ 4.52 billion in the fiscal year 2011-12 ending in June this year. Eleven months ago, the current account deficit stood at $ 3.93 billion, confirmed sources at State Bank of Pakistan here today. Contrary to the current dismal fiscal stats, the bank […]
Prime Minister Syed Yousaf Raza Gilani on Monday termed terrorism and law and order situation as the country’s most important issues, saying that national security was at the center of the government’s priority. Addressing a ceremony at the Command and Staff College in Quetta, the premier said security challenges were never neglected by the government […]
World Bank to lend Pakistan $550 million for development of education and natural gas sector Friday, April 27, 2012: Pakistan is set to receive $550 million from the World Bank in order to strengthen the education and natural gas sectors. The approvals came as a result of Pakistan’s top economic managers’ meetings with top management […]
Misgovernance – the only way to govern Pakistan Pakistan has always been known as an agrarian country, yet, with enormous potential to utilize its untapped natural resources to exploit its industrial potential. In 1960s, just 13 years after the creation of the country, despite having far less human, capital and industrial resources as compared to […]
IMF chief Christine Lagarde said Sunday measures taken to fight financial woes in Europe and the US were starting to pay off, in a cautiously upbeat assessment of the global economy. But Lagarde – in Beijing for a two-day trip to attend a high profile forum on China’s development and hold meetings with her economic […]
Pakistan’s foreign exchange reserves fall to $ 16.34bn Karachi: (Thursday, March 08, 2012) According to the State Bank of Pakistan, on the week ending on March 2, Pakistan’s foreign exchange reserves fell from US $ 16.42 billion to $ 16.34 billion. From earlier reserves of $ 12.06 billion, the foreign exchange held by State Bank […]
Ministry of Finance clarifies news reports about Dr. Waqar Masood’s transfer Islamabad: (Monday, February 13, 2012) Ministry of Finance’s spokesperson today clarified the news reports published yesterday in which the transfer of Dr. Waqar Masood was attributed to disclosure of facts by the International Monetary Fund (IMF) according to which the government’s budget deficit was […]
Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a 130-billion-euro ($173 billion) bailout, hours before a crucial meeting of finance ministers in Brussels, Prime Minister Lucas Papademos‘ office said Thursday. A spokeswoman for the prime minister said the agreement with the majority Socialists and the conservatives will allow […]
