Home
 

Today is,

Friday, 31 October 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
World News
Sartaj Aziz, Wang YI discuss bilateral, economic, security issues -
app94-30beijing.jpgBEIJING, Oct.30 (APP): Adviser to Prime Minister on National Security and Foreign Affairs Sartaj Aziz called on Chinese Foreign Minister Wang Yi  here on Thursday and both sides discussed a wide range of bilateral, economic and security issues.


UN slams Israel over new settlements in occupied E. Jerusalem - UNITED NATIONS, Oct 30 (APP): Israel has faced strong criticism at the UN Security Council over its plans to expand settlements in occupied East Jerusalem.

Pakistan urges collective effort to ensure succes of UN's peacekeeping -
UNITED NATIONS, Oct 30 (APP): Reaffirming Islamabad's commitment to United Nations peacekeeping, a top Pakistani diplomat said Thursday that his country's participation in the U.N. flagship activity was aimed at helping the world body to deliver on its promise to save succeeding generations from the scourge of war.


Malala donates $50,000 for reconstruction of Gaza schools -
UNITED NATIONS, Oct 29 (APP):  Nobel Peace Prize Laureate, Malala Yousafzai, Wednesday announced a contribution of $50,000 to help with the rebuilding of UN schools in Gaza that were heavily damaged by the Israeli bombing of the enclave recently.


Pakistan elected to UN Economic and Social Council; a vote of confidence by world community: Masood -
UNITED NATIONS, Oct 29 (APP): Pakistan was elected Wednesday to the  Economic and Social Council (ECOSOC),the economic arm of the United Nations, with Ambassador Masood Khan saying it reflected the prestige Pakistan enjoys in the international community.


Sport News
Anwar to lead Pakistan “A” team vs NZ
KARACHI, Oct 30 (APP): Two Karachi players Saad Ali and Junaid Ilyas were picked in Pakistan ‘A’ squad to play 3-day games against New Zealand at Sharjah from November 3-5, Pakistan Cricket Board announced on Thursday.
 
Nauman, Irfan dismiss Hyderabad for 213 in QAT Silver League
KARACHI, Oct. 30 (APP)- Lanky Pakistan fast bowler Muhammad Irfan and Nuaman Ali took three wickets each as Hyderabad Hawaks were bowled out for 123 in their first innings on first day of their 4-day Quaid-e-Azam Cricket Trophy Silver League match against Khan Research Labortories  at Niaz Stadium , Hyderabad on Thursday.
 
Fiery Waqas, Bhutta shoot out Karachi Dolphins for 80 in Quaid Trophy
KARACHI, Oct. 30 (APP)- Pace duo of Waqas Maqsood and Muhammad Ali Bhutta shared ten wickets between them to shoot out Karachi Dolphins for 96 and then WAPDA consolidated their position by reaching 148-3 in their first innings on the opening day of their 4-day Quaid-Azam Cricket Trophy Gold League at National Stadium on Thursday. 
 
28 players report at National Hockey camp
KARACHI, Oct. 29 (APP)- As many as twenty eight players reported for National Hokey camp in preparations for Champions Trophy which commenced at Hockey Club of Pakistan Stadium from Wednesday.
 
Sindh squash trials for British Open Juniors on Nov.1
KARACHI, Oct. 29 (APP)- One-day trials to select provincial players for British Open Junior event will be held at Jahangir Khan Squash Complex, Pakistan Sports Board National Coaching Centre here on November 1.
 
Archive
Latest News
Pakistan elected to ECOSOC with overwhelming support - Efforts to end poverty for Balochistan: CM - No employee to loose job in divesting OGDCL shares through capital m... - Imran Khan should announce resignations on Assembly floor: Saad - PNSC freight earnings increase by 28 per cent, okays deal for oil ta... - Azerbaijan’s provides humanitarian aid to flood hit persons of Sargo...
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