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Pakistani footballers likely to qualify for top round of Chicago's Kids Cup tournament
CHICAGO, July 24 (APP): Pakistan's Street Children  Football team scored its second victory in the KICS Cup being played  in the US state of Chicago, is likely to qualify for the final of the tournament. 
 
PCB wants T20 series against Zimbabwe
ISLAMABAD, July 24 (APP): The Pakistan Cricket Board (PCB) has  asked its Zimbabwe counterpart to play a Twenty20 series against the green-shirts rather than One Day Internationals (ODIs) in August.
 
PCB wants T20 series against Zimbabwe
ISLAMABAD, July 24 (APP): The Pakistan Cricket Board (PCB) has  asked its Zimbabwe counterpart to play a Twenty20 series against the green-shirts rather than One Day Internationals (ODIs) in August.
 
ECB confirm series against Pakistan
ISLAMABAD July 23 (APP): The England and Wales Cricket Board (ECB) on Thursday confirmed details of the autumn series with Pakistan, to  be played in the United Arab Emirates.
 
Pakistan in final of Davis Cup
ISLAMABAD, Jul 16 (APP): Pakistan has made it to the final of Davis Cup after thumping Indonesia in the semi-final by 3-1.
 
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New development strategy to foster sustainable and more equitable eco-growth PDF Print E-mail
ISLAMABAD June 4 (APP):- Embarking on a fundamental change of the development paradigm, new strategy aims at fostering sustainable and more equitable growth  by means of structural improvements in the productive sectors of country’s economy, involving wide range of policy actions across the sectors.  Enhancing the tax-to-GDP ration is a key plank of  the government economic strategy. A proposed law to  implement a broad-based Value Added Tax (VAT) with minimal exemptions from July 01, 2010 has been present to the parliament in this regard, according to Economic Survey 2009-10 unveiled here on Friday.  HTML clipboard

In addition, other measures such as improving tax administration and reinstating tax audits have been taken.  The cumulative effect of these policy measures is expected to be an increase of Pakistan’s Tax-to-GDP ratio to 13 per cent by 2013 from 8.9 per cent in 2008-09.
Under reform of the power sector, electricity tariff has been raised between 40- 55 per cent in less than two years, in an effort to reduce the level of subsidies absorbed in the budget, while simultaneously moving to a full cost-recovery tariff for the power utilities. Under a new Act of parliament, adjustment in tariff for changes in fuel prices for power generation has been made automatic.
A Cabinet Committee on Restructuring (CCOR) has been formed to restructure key public sector enterprises (PIA, PEPCO, Railway, TCP, USC, Pakistan Steel Mills, NHA) with a view to stop leakages caused by annual losses amounting to approximately 1.5 per cent of GDP.
The eventual aim, the Survey said, is to turnaround these Public Sector Enterprises into profitable, self-sustaining ventures under Public-Private Partnership mode.
Under Social Protection, the government has launched the Benazir Income Support Program (BISP). An allocation of  Rs 70 billion has been made in the federal budget 2009-10 with an objective of targeting 5.5 million poor and vulnerable households in Pakistan with a cash transfer of Rs 1000 per month to each.
The size of BSIP makes it the largest social protection scheme in the country’s history and it works in conjunction with other safety nets such as Bait-ul-Maal, Zakat Fund and provincial programmes such as the Sasti Rot scheme.
The government, Survey stated successfully concluded the Seventh National Financial Commission (NFC) Award - only the fourth in Pakistan’s entire history and the first for the last 19 years. This Award greatly augments the quantum of resource transfer from the Centre to the Provinces.
In conjunction with the higher resource transfer to the provinces, the Centre will also devolve some major functions and expenditure heads to the sub-national government in line with the provision of the 1973 Constitution.
 
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