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Thursday, 24 July 2014

 

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India-Pakistan not to participate in Asian Games Men Cricket
ISLAMABAD, July 22 (APP): India and Pakistan would not be participating in the September’s Asian Games giving a massive loss to the Games as their presence would have guaranteed massive interest and wide television coverage.
 
Pakistan pursuing policy of peaceful relations in region: Tariq Fatemi
WASHINGTON, July 21 (APP): Pakistan is pursuing a policy of promoting peaceful relations with all neighboring countries including Afghanistan, India and wants to resolve all outstanding issues with New Delhi through dialogue, Tariq Fatemi, Special Assistant to Prime Minister, said.
 
T-20 floodlight fund raising cricket match on 24th
FAISALABAD, July 20 (APP): A T-20 floodlight fund raising cricket match for IDPs of North Waziristan will be played at Iqbal stadium here on July 24, in collaboration with Punjab Sports Board and Pakistan Cricket Board.
 
Umer Akmal to improve his shot selection in Test matches
KARACHI, July 20 (APP): Pakistan's highly rated batsman Umer Akmal is looking to improve his shot selection after being recalled in the Test team after three years.
 
Pakistan A beat Hamza Shahbaz XI by 60 runs
ISLAMABAD, July 19 (APP): Pakistan A beat Hamza Shahbaz XI by 60 runs in a fundraising cricket match kept for the internally displaced persons (IDPs) of North Waziristan Agency (NWA) at Rawalpindi Cricket Stadium.
 
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Federal Govt paying special attention to economic uplift: Governor - Baloch urges KP Govt to utilize Rs.26 bln for helping IDPs - Saad unveils governmentís plan for Independence Day celebrations - Govt playing its due role for release of journalist jailed in Afghan... - Efforts speed up to arrange required relief goods for IDPs - Dar issues instruction for release of salary to employees of Pakista...
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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