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Daily
Economic Activities |
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(July 09,
2009) |
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Economic
Bulletin |
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here for Market Glimpse |
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Investment
target of $10 bln will be achieved: Senator Waqar Ahmed Khan;
The Federal Minister for Investment, Senator Waqar Ahmed Khan
said that the ministry would achieve its $10 billion investment
target by year end. Talking to journalists, the Federal Minister
said that the ministry has already attracted investment of $5
billion so far.
(Source, APP,
Dawn,
The
News, BR,
The
Financial Daily, The
Post) |
President
invites UAE investors;
President Asif Ali Zardari Tuesday invited the Abu Dhabi Fund
for Development to avail investment opportunities in Pakistan
and invest in oil and gas, power generation, and infrastructure
development.
(Source, The
Post) |
Call
for restructuring of ZTBL: Zardari for setting up agriculture
transformation fund;
President Asif Ali Zardari has said agriculture uplift and adequate
power generation are two critical areas to overcome Pakistan's
economic problems. He said the government should also consider
setting up a National Agriculture Transformation Fund for massively
injecting new technologies into this vital sector of national
economy. This he said while addressing a function held at Aiwan-e-Sadr.
(Source, BR,
Online) |
Govt
allocates Rs 2.2 bln for mega environment projects: Gilani;
Prime Minister Yousuf Raza Gilani has said that government has
earmarked Rs 2.2 billion in the current budget for launching mega
environment projects in the country, this he said in his message
on the occasion of 6th Annual Environment Excellence Award 2009.
“Our resolve to protection and conservation of environment is
reflected from one of the five “Es” in our manifesto which stands
for environment. Realizing the urgency of the issue, my government
has declared the year 2009 as the year for environment”, he added.
(Source, APP) |
Importance
of trade with Kazakhstan highlighted;
Pakistan has huge potential of trade with fast-pacing economical
Kazakhstan and can pave its way to Central Asian Republics through
this relation. This was articulated by Pakistan's ambassador to
Kazakhstan E. Irfan ur Rehman Raja and President Karachi Chamber
of Commerce and Industry Anjum Nisar in the Ambassador's visit
to Karachi Chamber of Commerce and Industry (KCCI).
(Source, BR) |
UK
wants to see political, economic stability in Pakistan: Miliband;
British Foreign Secretary, David Miliband has said that Britain
supports Pakistan-India dialogues and wanted to see political
and economic stability in Pakistan. While addressing a joint press
conference along with his Pakistani counterpart, Shah Mehmood
Qureshi, David Miliband appreciated the role of Pakistan in war
against terrorism.
(Source, Online) |
Electricity
crisis resultant of 3500MW shortfall: Raja Pervez Ashraf;
Federal Minister for Water and Power Raja Pervez Ashraf has stated
that PEPCO has 15,000 to 16,000 generation capacity of electricity
and the ongoing electricity crisis was the resultant of 3500MW
short fall.
(Source, Online) |
Business
community hails withdrawal of carbon surcharge;
The Business community hailed the Supreme Court of Pakistan's
decision of suspending the operation of the OGRA notification
of the imposition of carbon surcharge on petroleum products. They
termed the carbon surcharge on petroleum products, a burden on
the general public, as well as a catalyst, which would send a
wave of price increases of all products produced in the country,
as well as imported goods.
(Source, BR) |
Mangla
power house may be repaired this month;
The Pakistan Electric Power Company (PEPCO) has formulated a comprehensive
plan to repair the Mangla power house for restoration of electricity
generation in the shortest possible time.
(Source, The
News) |
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