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Tuesday, 29 July 2014

 

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Sarfraz urges players to focus on physical fitness
ISLAMABAD, July 28 (APP): Former Test Cricketer Sarfraz Nawaz has urged the national players to work on their physical fitness keeping in mind the tough weather conditions of Sri Lanka in August.
 
62 member Pakistani contingent participates in CGames march past
ISLAMABAD, Jul 25 (APP): The 62-member Pakistani contingent, dressed up in traditional shalwar qamiz participated in the march past at the opening ceremony of the Glasgow 2014 Commonwealth Games on July, 23.
 
T20 fund raising match for IDPs
LAHOR, July 25 (APP): Punjab Minister for Law and Sports Rana Mashhood Ahmed Khan has said that Lahorites will show remarkable generosity during the fourth IDPs Fund-Raising T20 cricket match tomorrow , Saturday here at Gadaffi stadium.
 
Pakistan CC lifts RLCA Ramazan cricket trophy
KARACHI, July 25 (APP): As expected Pakistan Cricket Club lived up to  their billing by lifting the inaugural RLCA Ramazan Twenty20 Cricket Tournament trophy when they thrashed Pak Korangi CC by 76 runs in a one-sided final here at Gulburg Ground on Thursday night.
 
T-20 cricket match generates Rs 25m donation for IDPs
FAISALABAD, July 25 (APP): A T-20 fund raising cricket match played between Pakistan-A and Faisalabad Eleven at Iqbal stadium here generated Rs 25 million donation for IDPs of North Waziristan.
 
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Federal Budget
President congratulates PM, Govt for presenting 5th successive budget PDF Print E-mail
ISLAMABAD, Jun 1 (APP): President Asif Ali Zardari on Friday congratulated Prime Minister Syed Yusuf Raza Gilani and the government on presenting the fifth successive budget. The President said budget was an important milestone as it was another step of the PPP government to create more economic growth, provide more job opportunities and raise living standard of the people. The President said the democratic government presented a growth oriented budget despite serious constraints caused by militancy, floods and international financial crises.
 
Exports show phenomenal performance in two years PDF Print E-mail
ISLAMABAD, Jun 1 (APP): Federal Minister for Finance Friday said that Pakistan has experienced phenomenal performance in exports in the last two years. Presenting the National Budget for the year 2012-13 in the National Assembly, Shaikh said that last year, exports increased by 28%, crossing the $25 billion mark. This year, he added, in spite of global downturn, the country would be able to maintain this high level of exports.
He said the imports are likely to rise 15% this year, primarily due to higher oil prices.
 
Budget documents presented in Senate PDF Print E-mail
ISLAMABAD, June 1 (APP): Minister for Finance Dr Abdul Hafeez Shaikh Friday laid before the Senate a copy of the Finance Bill 2012, containing the annual budget statement. Amidst insistence by the opposition members for a point of order, the minister moved the motion to the Upper House seeking its recommendations, if any, to the National Assembly on the Finance Bill. Laying the annual budget statement before the Senate is a  constitutional requirement although the budget is passed by the National Assembly, which incorporates certain recommendations made by the Upper House.
 
GST rates being brought down to 16%: Hafeez Shaikh PDF Print E-mail
ISLAMABAD, Jun 1 (APP): Minister for Finance Dr. Abdul Hafeez Shaikh said on Friday that to avoid multiplicity of rates and decrease the burden on the consumers, all GST rates above 16% were being brought down to 16%. During his budget speech in the National Assembly, he said that the incumbent government had reformed the general sales tax system last year, by eliminating zero rating; reduction of the multiplicity of rates and expanding coverage to all sectors except food, health and education. “This process of reform must continue”, he said.
 
Remittances up 45% in two years PDF Print E-mail
ISLAMABAD, Jun 1 (APP): The Federal Minister for Finance, Dr. Abdul Hafeez Shaikh said Friday that remittances have increased from $9 billion in 2009-10 to over $13 billion this year, showing an increase of 45% in two years. In his budget speech, the minister said the government has taken several initiatives which helped outstanding performance of foreign remittances.
 
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