ISLAMABAD – Federal Minister for Petroleum and Natural Resources Dr Asim Thursday said that all the CNG stations will have to be closed in January as the country was mired by acute gas shortage.
WASHINGTON: The United States wants to “turn the page” of its relationship with Pakistan in the New Year, after a “difficult and complex” phase in 2011, a State Department spokesperson said Thursday..
World Bank President Robert Zoellick has warned that rising food prices have reached dangerous heights that pose the biggest threat to the world’s poor.
“We are in a danger zone because prices have already gone up; stocks for many commodities are relatively low,” Mr Zoellick said at the opening of the World Bank’s annual spring meetings in Washington.
KARACHI – The State Bank of Pakistan (SBP) has said that Pakistan’s economy will continue to grow at a steady pace, facing a number of domestic and external challenges in the current fiscal year 2010-11.
The State Bank of Pakistan published its report for the second quarter of FY11 on Friday.
ISLAMABAD – The Economic Advisory Council (EAC) on Thursday came up with a suggestion to tax all incomes, irrespective of the source of origin, including agriculture and service sector, in the coming budget 2011-12.
Federal Minister for Finance and Revenue Abdul Hafeez Sheikh chaired the meeting of the EAC that overviewed the economic situation of the country, including the performance of key sectors of the economy, and also discussed the proposals for the upcoming budget for the fiscal year 2011-12.
“And what am I supposed to do about it? Toe the line, tailor my opinions….But what you’re really saying is, if I can’t conform in one area of life, then I have to conform in the others. Not just the surface things, everything. Even against my conscience. Well, I can’t live like that. Nobody should […]
Pakistan and Afghanistan have signed a broad-based record note – a prelude to a formal Transit Trade Agreement between the two countries – allowing export of Afghan goods to India through Wagah border and other destinations through Pakistani seaports via designated routes with a reciprocal concession by Afghanistan to facilitate export of Pakistani merchandise to […]
Azam Khalil “Here’s to the men who lose! What though their work be e’er so nobly planned And watched with zealous care; No glorious halo crowns, their efforts grand Contempt is failure’s share!” G.L Scarborough The recently concluded round of talks between Pakistan and India can be defined with one word: “failed”. The question is: […]
DR A.H. KHAYAL Politicians are generally born without a conscience. It is Nature’s obligation to ensure that no politician is born with a conscience. But sometimes Nature’s watchfulness slackens. Because of this slackness, a politician is born with a conscience. When he grows up and becomes politically active, he experiences that something is obstructing his […]