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Ya, finally PA is moveing in, and definately Allah will be along with Pakistan and PA. Also I wont say its a struggle against terrorism, but a victory road to happyness and peace. :agree:

May fiscal data point to 'recovery' By Zhang Ran (China Daily) Updated: 2009-06-16 08:08 An up-tick in China's fiscal revenue situation signals a recovery in the economy and gives the government more room to use active fiscal measures to boost it, experts said. And, June to October would...

Foreign investment freefall eases By Ding Qingfen (China Daily) Updated: 2009-06-16 07:46 Foreign direct investment (FDI) has been in decline for eight months, but the size of the fall in May was smaller than the one in April, probably signaling an easing off. In comparison with other...

Higher funds for uplift of Balochistan demanded By Saleem Shahid QUETTA: Balochistan Economic Forum President Sardar Shaukat Popalzai urged the Federal government on Wednesday to give due attention to the underdeveloped economy of Balochistan in the forthcoming budget. Talking to Dawn, he...

Balochistan budget likely on June 20 ISLAMABAD (June 16 2009): The Balochistan budget, having an outlay of Rs 75 billion, for the next fiscal year is likely to be presented on June 20. Finance Minister, Mir Asim Kurd told that the money set aside for development purpose is likely to be more...

Rs 90 billion earmarked for ADP MUHAMMAD ALI KARACHI (June 16 2009): On Monday in the provincial fiscal budget Sindh government has earmarked Rs 90 billion for Annual Development Programme (ADP) in the budget 2009-10, which is 34 percent higher than the revised development budget for...

Tax-to-GDP ratio drops from 12 to 9pc By Afshan Subohi Tuesday, 16 Jun, 2009 | 07:10 AM PST ISLAMABAD: The tax-to-GDP ratio has declined from 12 to 9 per cent in 2008-09 instead of improving over the years as the economy expands. This was stated by Shaukat Tarin, adviser to the prime...

Rs2 billion package for Thar coalfield By Shamim-ur-Rahman Tuesday, 16 Jun, 2009 | 07:21 AM PST | KARACHI: Consultants will be arriving shortly to prepare documents for international bidding for Thar Coal project under the World Bank’s technical assistance loan of $30 million. This was...

Punjab budget today: Rs eight billion being allocated for 'Sasti Roti Scheme' MUHAMMAD SALEEM LAHORE (June 16 2009): Pakistan Muslim League-Nawaz (PML-N) led Punjab government is all set to allocate an amount of Rs 8 billion in the budget 2009-10 for 'Sasti Roti Scheme.' Sources in the PML-N...

China's industrial output up 8.9% in May(Xinhua) China's industrial output expanded 8.9 percent in May from a year earlier, faster than the 7.3 percent rate in April, the National Bureau of Statistics (NBS) said Friday. The figure exceeded analysts' forecasts of less than 8 percent. It was...

Niche in Europe for China cars? By Li Fangfang (China Daily) Updated: 2009-06-15 08:08' The ongoing financial crisis that has hit Western countries especially hard is now giving China's homegrown auto brands some traction in Europe, a must-win battlefield for all international...

Farm sector registers stronger than expected growth By Khawar Ghumman Friday, 12 Jun, 2009 ISLAMABAD: Agriculture is the only sector registering a growth rate of 4.7 per cent during last year against a target of 3.5 per cent, National Economic Survey 2008-09 revealed. The performance...

Pakistan asks IMF for $4bn to plug budget deficit By Mubarak Zeb Khan Sunday, 14 Jun, 2009 ISLAMABAD: Pre-empting possible delays in external flows, Pakistan has asked the International Monetary Fund (IMF) for a $4 billion stand-by loan to finance the yawning budget gap in the year 2009-10...

Budget 2009-10 Dawn Editorial The budget for the next financial year must stimulate growth, repair the broken economy, mitigate the pain being felt by the poor and revive public trust in the government’s capability to ferry the country through the present tough times. The budget speech...

Industrial growth turns positive 13 Jun 2009, 0108 hrs IST, TNN NEW DELHI: The worst is over and the economy is rebounding. After months of contraction, industrial production turned positive and grew 1.4% in April on the back of a pick-up in domestic demand an outcome of stimulus packages...

Taj group buys Sea Rock for Rs 680cr 13 Jun 2009, 0124 hrs IST, Reeba Zachariah, TNN MUMBAI: For years, two marquees of the Mumbai hospitality scene Sea Rock Hotel and Taj Lands End have stood facing each other in a cozy, sea-facing corner of the city's Bandra suburb. On Friday, in a Rs...

Rel Infra plans to raise $1bn 13 Jun 2009, 0118 hrs IST, PTI NEW DELHI: Anil Ambani group firm Reliance Infratel is looking to raise about Rs 5,000 crore through sale of shares, for which it is in talks with a number of private equity firms. Reliance Infratel, a subsidiary of the...

Ping An to buy stake in Shenzhen Development Bank(Xinhua) Updated: 2009-06-13 09:09 China Ping An Insurance (Group), the nation's second largest insurer, said late Friday that it planned to buy stake worth up to a combined 22 billion yuan ($3.2 billion) in Shenzhen Development Bank. Ping...

Rs70 billion package for five export sectors By A Reporter Saturday, 13 Jun, 2009 ISLAMABAD: The government has decided to allocate Rs70 billion package for the revival of five export sectors in the budget in the shape of reduced gas prices and incentives for value addition. Gas...

US House passes bill to triple aid WASHINGTON (June 13 2009): The US House of Representatives on Thursday approved tripling US aid to Pakistan to about $1.5 billion a year for each of the next five years in a key part of a strategy to combat extremism with economic and social development...