Home
 

Today is,

Wednesday, 29 July 2015

 

Home | About Us | News | User Login | Jobs | Employees | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
News Section
National
World
Sport
Business
Forex
Cultural
Weather
Articles & Features
Sport News
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.
 
Archive
Latest News
Islamabad police failed to control crime: Nisar - Electoral reforms committee has completed 80% work: Ishaq Dar - Delegation of MWM discuss security issues with Nisar - Pakistan, China committed to ensure timely completion of economic co... - Gen. Raheel visits Italy\'s Army Headquarters - President summons Senate session on Aug 3
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.
 
China News
News About China
Cultural News
Cultural News

 

Budget 2015-2016
Federal Budget
Budget Highlights
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan
Grievance Commissioner Wafaqi Mohtasib
Grievance Commissioner Wafaqi Mohtasib
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Economic Survey
Economic Survey 2014-2015
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Parlimentary Proceedings
National Assembly
Senate