Home
 

Today is,

Friday, 24 October 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
Sport News
Second seed Abid falls to Imran Shaukat in NBP Subh-e-Nau Cíship
ISLAMABAD, Oct 24 (APP): Second seed M. Abid was thrashed out of NBP Subh-e-Nau National Tennis Championship in semifinal of men’s singles by an unseeded player on Friday here at PTF Complex.
 
ICC empowers umpires in unfairplay
KARACHI, Oct 23 (APP): International Cricket Council (ICC) is empowering umpires to use their discretion in unfairplay, according to reports published in cricket’s leading website carried on Thursday. 
 
PCB Chairman, BoG congratulate Younis on double landmark
KARACHI, Oct 23 (APP): Chairman Pakistan Cricket Board (PCB) Shaharyar M. Khan Thursday has congratulated Younis Khan on achieving two significant landmarks on day one of the first Test Wednesday against Australia at Dubai International Stadium.
 
47th Khyber Pakhtunkhwa Amateur Golf Championship start on Friday
PESHAWAR, Oct 23 (APP): The 47th edition of the Khyber Pakhtunkhwa Amateur Golf Championship will tee-off at 6666-yards PAF Golf Course today (Friday) over 54-hold, 18-hole each day.
 
PCB extends remedial work on Saeed Ajmal
KARACHI, Oct 22 (APP): The Pakistan Cricket Board (PCB has decided to extend Saeed Ajmal’s remedial work under Saqlain Mushtaq’s watch by another 15 days.
 
Archive
Latest News
Additional 2500 MW power should come to system by Feb 2015: PM - Barjees Tahir strongly condemns latest firing by India in Nakial sec... - Pak, Sweden economic coop fruitful for mutual benefit : Nayyer - Pakistanís stock market is doing well: The Economist - President urges youth to work for progress, prosperity of country - Krygyz Ambassador Meets Chairman HEC
Current account deficit expected to decline to under 3% of GDP PDF Print E-mail
ISLAMABAD June 4 (APP):  Current account deficit is expected to decline to below three per cent of Gross Domestic Product during the outgoing fiscal year, according to Economic Survey 2009-10 - a pre-budget document.  The external current account deficit was contained to 5.6 per cent of GDP (US dollars 9.3 billion) in fiscal 2008-09, from a high of 8.3 per cent of GDP in 2007-08 (US dollars 13.9 billion), added the Survey released here today at a press conference addressed by Advisor to the Prime Minister on Finance Senator Dr Abdul Hafeez Sheikh.  HTML clipboard

Pakistan, the Survey said achieved impressive initial gains in restoring macroeconomic stability in the aftermath of the balance of payments crisis of 2008 and as an outcome of determined policy effort.     
The fiscal deficit, the Survey depicted, was slashed to 5.2 per cent of GDP in financial year 2008-09, from 7.6 per cent of GDP in 2007-08, a fiscal adjustment of 2.4 per cent of GDP.
For outgoing year 2009-10, the fiscal deficit is aimed to be kept in check at 5.1 per cent of GDP, despite the absorption of unprecedented security-related spending, stated the Survey.
Foreign Exchange Reserves have been rebuilt to nearly dollars 15 billion, from their low of under dollar six billion in October 2008, though much of the accumulation is due to releases from the IMF, said the Survey.
Inflation registered downward trend from 25 per cent in October 2008, to a recent low of 8.9 percent in October 209, though it has accelerated sharply of recent and is displaying persistence.
International credit rating agencies upgraded Pakistan from CCC plus to B Minus by S&P, while Moody’s revised its outlook to Stable. Challenges, the Survey observed have, however emerged in consolidating these early gains, with inflation in the economy resurfacing and fiscal pressures mounting.
 

     

Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Parlimentary Proceedings
National Assembly
Senate