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Young Mahin creates history for Pakistan
ISLAMABAD, Jan 28 (APP): Pakistan’s under 14 player Mahin Aftab Qureshi created history on Tuesday when she annexed the girls singles title of 2nd leg ITF Asian 14 and Under Tennis Championships - Division II in Ho Chi Minh City, Vietnam.
 
Sarfraz hopes for Amirís return soon
ISLAMABAD, Jan 28 (APP): Former Test Cricketer Sarfraz Nawaz hopes pacer Muhammad Amir would return to international cricket soon saying  the people who try to lure cricketers on the wrong path should be stopped.
 
Kamran, Faisal hit tons as PIA wins in Presidentís Silver Cup
KARACHI, Jan 28 (APP): Kamran Sajid and Faisal Iqbal hammered centuries as PIA launched their campaign in President’s Silver Cup One-day Cricket Tournament on a winning note beating Quetta by 37 runs here at Aga Khan Gymkhana Ground on Wednesday.
 
Pakistan victorious in Squash Championship
ISLAMABAD, Jan 28 (APP): Defending Champion Pakistan won their matches on the first day of the 17th Asian Junior Squash Championship at Malaysia.
 
Army, PIA, NBP, SSGC reach in semifinals of COAS hockey championship
RAWALPINDI, Jan 28 (APP): Army (seniors), Pakistan International Airlines (PIA), National Bank of Pakistan (NBP) and Si Southern Gas Company (SSGC) on Wednesday reached into the semifinals of the First Chief of the Army Staff (COAS) Challenge Hockey Cup at the Army Hockey Stadium here on Wednesday.
 
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Pakistan wants good relations with neighbours: Basit - Sufficient electricity to be available in the next few years:Asif - Sartaj Aziz felicitates new Afghan Foreign Minister - Govt making efforts to overcome loadshedding, energy problems: Abid - NA Speaker inaugurates China-Pakistan Friendly Exchanges Year 2015 i... - PAC directs CDA to cancel license of Parliament Lodges expansion pro...
US hopes to resolve Pakistan land routes issue soon PDF Print E-mail
WASHINGTON, May 31 (APP): The United States continues to work with Islamabad towards restoration of Pakistani routes for NATO supplies into Afghanistan and hopes to resolve the issue soon, a State Department spokesman said. “We do remain engaged with Pakistan on reopening these ground lines of communication. We want to and think that opening them would obviously be an important demonstration of Pakistan’s commitment to the international effort to ensure a prosperous, peaceful Afghanistan. So we are working diligently trying to make progress,” Deputy spokesman at the State Department Mark Toner said.
 
Broad Money witnesses downward trend in 2011-12 PDF Print E-mail
ISLAMABAD, May 31 (APP): Broad Money and close substitutes for money, witnessed an expansion of 9.09 per cent as compared to 11.47 percent during the same period in 2010-11, according to Economic Survey of Pakistan 2011-12. The deceleration in the money supply is primarily driven by the  significant fall in the Net Foreign Assets (NFA) of the banking system, along  with increased government borrowing and a one-off settlement of circular debt. During the first half of the fiscal year 2011-12, a significant decline  in capital financial accounts inflows resulted in the depletion of State Bank of Pakistan (SBP) foreign exchange reserves to finance the major part of current deficit.
 
debt registered Rs. 1,315 billion increase: Economic Survey PDF Print E-mail
ISLAMABAD, May 31 (APP): During first nine months of current fiscal year (2011-12), total public debt registered an increase of Rs. 1,315 billion and stood at Rs. 12,024 billion, said Economic Survey 2011-12 released here Thursday. According to the Budgetary Document released by the Finance Minister Dr Abdul Hafeez Shaikh, “Public debt as a percent of GDP stood at 58.2 percent by end-March 2012 as compared to 55.5 percent of GDP during the same period last year”. The bulk of the increase in public debt in the first nine months of 2011-12 has been recorded under domestic debt that accounted for 91 percent of the total increase.
 
400 villages to be electrified on solar PDF Print E-mail
ISLAMABAD, May 31 (APP): The government is planning to electrify 400 villages through solar power as the country is blessed with a huge solar potential of more than 5-6 KWH/mý/day of irradiation in many areas. Launching Economic Survey 2011-12, the minister said the potential of solar energy is feasible for both Solar PV and Solar Thermal application. “The area with highest solar potential is the province of Baluchistan followed by Eastern Sindh and Southern Punjab promising technical and financially viable solar energy projects,” the minister said. He said these projects can be On-Grid or Off-Grid and that some areas in Eastern Sindh and Southern Punjab also have potential for such interventions.
 
Rs.2.51 bln allocated for development projects for Education PDF Print E-mail
ISLAMABAD, May 31 (APP): Finance Minister Dr.Hafeez Sheikh on Thursday said that a sum of Rs. 2.51 billion was made available for development projects of education during the financial year 2011-12  Launching the Economic Survey 2011-12 at a press conference here, he  said the amount includes Rs. 677.4 million for the projects under the Capital Administration and Development Division (CADD). Furthermore Rs. 1.65 billion has been allocated for the teacher training programme under CIDA.
 
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