KARACHI, Nov 2 (APP): The Exchange Rates Committee of
Financial Markets Association of Pakistan issued the following
exchange rates bulletin here on Monday.
Foreign exchange rates
Economy improving due to Govt’s prudent policies: Ishaq Dar
ISLAMABAD, Nov 1 (APP): Minister for Finance, Senator Muhammad
Ishaq Dar has said Pakistan Muslim League-N government, has focused
on overcoming energy crisis, eradicating extremism, and ensuring a
stable economy after coming into power.
“Around 14,000 mega watt electricity would be added to national
grid by 2018 and several power projects have also been launched
including Dasu, Neelam-Jehlum, Basha-Diamer and up-gradation of
Tarbeela Dam,” he said while talking to a private news channel.
Ishaq Dar said the government has increased tax net up to 33
percent, and added there is a dire need of tax reforms in the
system to make it more effective.
“Steps are being taken to make Federal Board of Revenue (FBR)
tax-friendly in order to encourage the masses for paying their
taxes”, he added.
The minister said inflation had come down due to the prudent
policies of the government, besides an increase in foreign reserves.
Ishaq Dar stressed the need for segregating politics from
economy, and added economy ought to be the central point of
politics.
He said the international community now has a positive
perception about Pakistan since its economy was improving.
He said oil prices were lower as compared to India
and other neighbouring countries.
Replying to a question, he said Prime Minister Muhammad Nawaz
Sharif had taken major national decisions in consultation with
all political parties to further strengthen democratic process in
the country.
He urged that every citizen should work for the country’s
welfare, progress and prosperity.
Ishaq Dar said visit of Prime Minister to United States was
positive and productive in enhancing bilateral relations, specially
in trade sector.
PML-N wins UC-12
FAISALABAD, Nov 1 (APP): The panel of Rana Muhammad Azam Khan (chairman)/Mian Liaqat Ali (vice chairman) of PML-N grabbed 5,780 votes and declared successful, according to un-official result issued by the Returning Officer.
PML-N wins UC-13
FAISALABAD, Nov 1 (APP): The panel of Zahid Masood (chairman)/Abdul Hameed (vice chairman) of PML-N grabbed 3314 votes and declared successful, according to unofficial result issued by the Returning Officer.
PML-N wins UC-14
FAISALABAD, Nov 1 (APP): The panel of Iftikhar Hussain (chairman)/Asad Iqbal Chatha (vice chairman) of PML-N grabbed 2768 votes and declared successful, according to unofficial result issued by the Returning Officer.
Prime Minister condemns blast at railway track
ISLAMABAD, Nov 1 (APP): Prime Minister Muhammad Nawaz Sharif
Sunday strongly condemned the blast that took place at railway track
in Dasht, Blochistan.
Mayor group wins UC-9
FAISALABAD, Nov 1 (APP): The panel of Nadeem Nawaz Bajwa
(chairman)/Ali Haider (vice chairman) of Mayor group grabbed
2,634 votes and declared successful, according to unofficial
result issued by the Returning Officer.
Imran seeks report on LB polls defeat
LAHORE, Nov 1 (APP): Pakistan Tehreek-e-Insaf (PTI) chief
Imran Khan on Sunday sought a report on PTI’s defeat in first
phase of Local Bodies elections in 12 districts of Punjab.
PML-N clean sweeps with 230 seats
LAHORE, Oct 31 (APP): Pakistan Muslim League-N clean
swept in the Metropolitan Corporation Lahore (MCL) by securing
230 Union Council (UC) seats, out of the total 274 in the Local
Bodies elections 2015.