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+ BOI News - Upcoming events - E-letter - Tenders	Daily Economic Activities
	(July 04, 2009)
	Economic Bulletin	click here for Market Glimpse
	Saarc CCI team meets Zardari, seeks diplomatic status; President, Saarc CCI, Tariq Sayeed called on President Asif Ali Zardari, at President's Secretariat along with his deputy Iftikhar Ali Malik and Secretary General Iqbal Tabish. Sayeed requested the President to grant diplomatic status to Saarc CCI and extend support to construct Saarc CCI building projects, which in principle was agreed by the President. (Source, BR)
	WB commits $1.7bn to cope with crisis impact; The World Bank committed a record amount of $1.7 billion in fiscal year 2009 (FY09) to help Pakistan cope with the impact of global economic crisis, the bank said. This represents an increase of $1.064 billion over FY08. Pakistan has faced daunting challenges over the past year, including a domestic macroeconomic crisis, a global recession, political turmoil and serious security challenges, said Yusupha Crookes, World Bank Country Director for Pakistan. (Source, The News)
	Power subsidy to persist, says Tareen: Privatization not an anti-masses process’ ‘Even if IMF rejects govt. will not let the nation down’; Advisor to Prime Minister on Finance and Economic Affairs, Shaukat Tareen said that government will press for its demand for continuation of subsidy during its meeting with International Monetary Fund (IMF) adding if this demand is not accepted government will pay subsidy out of its own pocket. He was addressing a conference entitled "Privatization under Public-Private Sector Partnership" which was organized by Privatization Commission. (Source, The Financial Daily, Daily National Courier)
	Fahim discusses trade situation with envoys; Envoys of Iran, Kenya and Romania to Pakistan met Commerce Minister Makhdoom Amin Fahim and discussed matter of mutual interest. (Source, BR, Daily Times, Pakistan Observer)
	'Job creation through microfinance important pillar of Pakistan's economy'; Personnel from US State Department, USAID, and US Congressman Jim Grayson have stated that the people in US are extremely concerned about the welfare of the people of Pakistan and believed that job creation through microfinance is a very important pillar to economically strengthen the country. (Source, BR)
	Pakistan sells 15,000T corn as Indian supplies dry up; Pakistan sold around 15,000 tons of corn this week mainly to Malaysia as supplies from India dried up, while Asian wheat importers bought 20,000 tons of Black Sea wheat on competitive prices and tight Australia supplies. (Source, The News)
	Workshop on media role in agricultural growth planned; The Ministry of Food & Agriculture (MinFA) is organizing a three-day workshop on the role of media for accelerating agricultural growth in SAARC countries. (Source, The News)