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Daily Economic Activities

(July 02, 2009)
Economic Bulletin click here for Market Glimpse  
PM forms panel to investigate power issues: Efforts afoot for visa abolition with Poland, Chile, UAE Cabinet nods 25pc duty on maize import;
Prime Minister Gilani has taken serious notice of ongoing power outages and directed to constitute a special ministerial committee to address the issue. This was revealed by Minister for Information and Broadcasting Qamar Zaman Kaira during a press conference following the Cabinet meeting chaired by Prime Minister Syed Yousuf Raza Gilani.
(Source, The Financial Daily)
Pakistan and China agree to increase land trade;
Pakistan's Ambassador to China Masood Khan and Commissioner of Kashgar Prefecture Akbar Ghafoor have reiterated that land trade could be further increased through facilitation and removal of bottlenecks, a senior diplomat at Pakistan Embassy, Beijing (China).
(Source, BR, Pakistan Times)
Germany ups aid for IDPs by 1mn euro;
German Ambassador in Pakistan, Dr Michael Koch said his country is increasing assistance for internally displaced persons (IDPs) by 1 million euro. He said this while addressing a press conference at Karachi
(Source, The Financial Daily)
Pakistan offers tremendous potential for investment;
Pakistan offers a tremendous potential for investments. This was stated by the Ambassador of the Federal Republic of Germany, Dr. Michael Koch. He was talking to the media men at a local hotel on Wednesday afternoon.
(Source, The Nation)
Amin Fahim to inaugurate Canada-Pakistan trade expo;
Canada Pakistan Trade Expo is being held at Toronto, Canada from July 8 to 12, 2009, which will be opened by the Makhdoom Amin Fahim, Minister for Commerce.
(Source, Daily Times)
Govt. to electrify 7,000 villages through solar energy;
Federal Minister for Water and Power Raja Pervez Ashraf has said that the government has set a target to electrify 7,000 villages in the next five years through solar energy, which cannot be electrified through grid. He was addressing the representatives of more than 120 countries in the second session of the preparatory commission of IRENA held in the remote city of Sharm-al-Sheikh Cairo (Egypt).
(Source, The News, Pakistan Observer)
Govt plans to generate Rs240bn via NSS;
The government plans to generate Rs240 billion through the National Savings Schemes (NSS) in the new fiscal year 2009-10 and automate 44 of the busiest centres of Central Directorate of National Savings (CDNS) by allocating Rs68 million. The fiscal deficit target of 4.9 per cent of gross domestic product, equivalent to Rs722.5 billion, depends on resource inflow through domestic and external sources and the NSS, which is targeted to generate Rs240 billion.
(Source, The News)
Model dairy farm set up in Mansehra;
A model dairy farm and training centre has been set up in Mansehra district in an effort to acquaint local communities with scientific techniques in livestock and dairy farming.
(Source, The News)
 
 
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