Monday, June 1st, 2015
NEC meeting approves 5.5pc GDP growth target for RY15-16
ISLAMABAD: The National Economic Council (NEC) in a meeting chaired by Prime Minister Nawaz Sharif at PM Office on Monday approved a Gross Domestic Product growth target of 5.5 per cent for the upcoming fiscal year 2015-2016 (FY15-16). Previous years’ real GDP growth estimates were typically overstated, with achieved real GDP growth figures missing their mark annually from FY09-10 to FY13-14. The NEC approved a Rs1.514 trillion development outlay including: Rs700 billion as funds towards the Public Sector Development Programme (PSDP) Rs814b as funds towards the provincial Annual Development ProgrammeRead More
12 terrorists killed in Dattakhel ground offensive: ISPR
RAWALPINDI, June 01 (DNA) – As many as twelve terrorists were killed in a ground offensive carried out by Pakistan Army at North Waziristan’s Dattakhel area, Pakistan army said. According to a press release by Inter-Services Public Relations (ISPR), the operation was carried out on an intelligence cue. The terrorists were surrounded and twelv militants were neutralized in the operation whereas their accomplices fled without the dead bodies of the slain terrorists. Large number of explosives and ammunition were also recovered during the offensive. DNA ===========
President, PM reaffirm resolve to eliminate terrorism
PESHAWAR, June 01 (DNA): A political administration official and two local persons were killed in a roadside bomb in the South Waziristan capital of Wana on Monday morning. According to reports, the local political agent was traveling in the vehicle with two other persons when it came under attack in Raghzai area. Security forces arrived at the scene and cordoned off the area. Bodies of the victims were shifted to nearby hospital. South Waziristan is among Pakistan’s seven tribal districts near the Afghan border which are rife with homegrown insurgents andRead More
Tajik ambassadors meets Water and Power Minister Khawaja Asif
On May 29, 2015 the Ambassador of the Republic of Tajikistan to the Islamic Republic of Pakistan met with the Federal Minister for Water and Power of the Islamic Republic of Pakistan Khawaja Muhammad Asif.During the meeting were discussed the prospects of bilateral cooperation in the energy field and progress of the International High-Level Conference on the Implementation of the International Decade for Action “Water for Life”, 2005-2015. June 9-11, 2015 in Dushanbe.
Oil mixed in Asian trade, stays above 74 dollars
SINGAPORE, 01 JUNE (DNA) – Oil prices were mixed in volatile Asian trade on Tuesday as optimism over energy demand at the start of the US driving season outweighed persistent eurozone concerns, analysts said. New York’s main contract, light sweet crude for delivery in July, gained 33 cents to 74.30 dollars a barrel while Brent North Sea crude for July was unchanged at 74.65 dollars. Crude prices were supported by expectations of higher crude use with the onset of the summer in the United States. “After Memorial Day, the drivingRead More