Home
 

Today is,

Sunday, 23 November 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
World News
Obama signs order expanding US Afghanistan role: NYT -
NEW YORK, Nov 22 (APP): President Barrack Obama has quietly expanded US military's role in Afghanistan from the previous guidelines that were to limit its troops' involvement in the war-wrecked country starting this year, The New York Times reported Saturday.


Pakistan slams UN Council's silence over July's Israeli attacks on Gaza -
UNITED NATIONS, Nov 22 (APP): Pakistan has sharply criticized UN Security Council's "conscious reticence" on the deadly Israeli aggression against Gaza in July, saying the massacre that followed could have been averted had the 15-member body taken timely action.


Pak calls for boosting investment in children, UN marks 25th anniversary of child rights convention -
UNITED NATIONS, Nov 22 (APP): The United Nations marked the 25th anniversary of the Convention on the Rights of the Child by holding a special meeting of the General Assembly Friday to assess its progress, with Pakistan making a strong case for more investment in children to help them fully realize their human rights.


Winter aid from Pakistan for displaced Iraqis starts arriving in Kurdistan region: UN -
UNITED NATIONS, Nov 21 (APP):  The United Nations Refugee Agency (UNHCR) is stepping up its efforts in Iraq to deliver winter aid to people displaced by this year's conflict, with the landing in northern Iraq's Kurdistan region the first in a series of flights from Pakistan carrying supplies aimed at mitigating the impact of the harsh months ahead.


Obama to visit India in January 2015 -
 WASHINGTON,  Nov 21 (APP): U.S. President Barack Obama will travel to India in January 2015 to participate in the Indian Republic Day celebration in New Delhi as chief guest, the White House announced Friday.



Sport News
Pakistan wheelchair cricket team prepares for international success
KARACHI, Nov 22 (APP): Denmark Ambassador to Islamabad Jesper Moller inaugurated the training camp for Pakistan's wheelchair cricket team here Saturday and said cricket was a sport which had made Pakistan proud in the past.
 
Pakistan in SF of Asian beach games
LAHORE, Nov 19 (APP)- Pakistan breezed into the semi finals of the handball competition of the Asian Beach games overcoming Bahrain in  2-1 sets chalking up its fifth successive victory on Wednesday at Phuket beach.
 
Hafeez to undergo test on his bowling action on Nov 24
KARACHI, Nov 19 (APP): All-rounder Mohammad Hafeez is returning back home from where he shall proceed to Loughborough University, the latest  of ICC accredited facilities for testing on bowlers with suspect actions,  on November 23 for his appointment for tests on Nov 24, Pakistan Cricket Board (PCB) announced on Wednesday.
 
Younis Khan is a very committed player: Rashid Latif
ISLAMABAD, Nov 18 (APP): Former captain Rashid Latif believes Younis Khan is a very committed player saying the 2009 Twenty-20 World Cup is a great example of his dedication where he introduced a lot of new players and won the mega event.
 
No one comes close to Misbah: Najam Sethi
ISLAMABAD, Nov 18 (APP): Former Pakistan Cricket Board (PCB) chairman Najam Sethi feels no other player comes close to skipper Misbah-ul-Haq in terms of mental ability, discipline and batting saying the green-shirts Pakistan needed a captain like him.
 
Archive
Latest News
PM to break ground for Hazara Motorway on Nov 29 - NA speaker distributes laptops among 400 students - Rana Tanvir meets CM - Imran cannot bring revolution with support of turncoats, land mafia:... - Country to enter election mode in 2018: PM - Companies directed to study gas theft reasons: Miftah
Base year for national accounts to change every 10 years: Dar PDF Print E-mail
ISLAMABAD, Dec 11 (APP): Federal Minister for Finance, Economic Affairs Senator Mohammad Ishaq Dar Wednesday said government had decided to change the base year for national accounts after every ten years, and the next re-basing  would be held in the financial year 2015-16.Highlighting the change of base years from time to time, the Minister said that the base year for the national account was changed in financial year 1980-81, then in the year 1999-2000 and the last base year was changed in the year 2005-06.He stated this while addressing a press conference here after presiding over the meeting of the Board of Directors of Pakistan Bureau of Statistics (PBS).
Senator Dar said that previously the figures relating to economic performance were released or announced annually, but now it had been decided that these figures would be announced on quarterly basis and made public to know about the performance of the national economy.
He said that Quarterly National Accounts (QNA) for Pakistan has been prepared and presented for the first time.
He said that the QNA has been adopted on the same principles and definitions as the Annual National Accounts (ANA).
Senator Dar said that QNA will be consistent with ANA and pattern of finalization will be the same for both accounts.
The Minister said that Gross Domestic Product (GDP) for the 1st quarter (July-September) has shown growth by 5.1%.
Highlighting the fiscal position of current financial year upto November 30, 2013, the Minister said that FBR has collected a tax revenue of Rs 792 billion as against Rs 679 billion realized by FBP upto November 2012 (last year), showing a growth of 17%.
Senator Mohammad Ishaq Dar said that the government during the first quarter of the current financial year has released Rs 143 billion against the total allocation of Rs. 340 billion under Public Sector Development Programme (PSDP).
He said that budget deficit has been brought down to 2.2% equal to Rs 570 billion compared to  2.9% equal to Rs 690 billion last year.
Regarding the Foreign exchange reserves, the Minister said that reserves were falling on account of overall negative inflows.
The Minister said that Foreign exchange will improve from now onwards due to short term BOP support borrowing ($ 225 million / $ 100 million received).
He added that the second tranche of US $137 million from Islamic Development Banks (IDB) has been received.
The Minister said that IFC has announced trade financing facility of ($ 500 million) while Global rupee bond, Euro Bond $ 500 million would be launched and Financial Advisor (FA) in this regard would be appointed shortly.
Senator Ishaq Dar said that Remittance-based Bond would be launched while (FA appointment will follow Euro Bond launch.
He added that fast-track of capital-market-based disinvestment of government shares would be made while $ 1.6 billion World Bank and ADB policy loans, $ 850 million Coalition Support Fund (CSF) and $ 800 million outstanding from Etisalat would also be recovered.
Government, he said has expedited its efforts for the recovery of $800 million from Etisalat company.
He added that government has also expedited its efforts for $ 1.2 to $ 2 billion spectrum auction while overseas Pakistanis workers remittances have increased to US $ 6.4 billion showing a 7% growth.
Secretary Finance Dr Waqar Masood Khan, Advisor Finance Ministry Rana Asad Ameen, Governor State Bank of Pakistan Yasin Anwar, Secretary PBS Asif Bajwa and Chairman Federal Bureau of Revenue (FBR) Tariq Bajwa and senior officials of the ministry of finance and economic affairs were also present on the occasion.
 

kashmir black day

Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Profiles
Profile of the President
Profile of Prime Minister
Profiles of Chairman and deputy Chairman Senate
Profiles of Speakers and Deputy Speakers
Profile of Governors
Profiles of Chief Ministers
Profiles of Federal Ministers
Portfolios of Federal Ministers
Portfolios of Provincial Ministers
Parlimentary Proceedings
National Assembly
Senate
Latest News