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+ BOI News - Upcoming events - E-letter - Tenders	Daily Economic Activities
	(July 27, 2009)
	Economic Bulletin	click here for Market Glimpse
	Government intends to boost economy; Federal Minister for Investment Senator Waqar Ahmad Khan stated that the government intends to boost the economy by creating market competitiveness and is encouraging private sector's participation to achieve a meaningful breakthrough in investment and exports. "We are asking the inventors to invest in agro-farming, low-housing schemes, livestock and energy sectors on preferential basis" he stressed. (Source, BR)
	Pak-China Group to boost economic and commercial ties: Federal Minister for Investment, Senator Waqar Ahmed Khan; The Federal Minister for Investment, Senator Waqar Ahmed Khan said that Pakistan is encouraging potential Chinese companies for investment in the country's various areas, particularly in the direly needed energy sector. He was discussing investment scenario with a Chinese delegation, led by the Chinese Ambassador in Pakistan Lue Zhaohui, who called on the minister in his chamber in Cabinet Division Islamabad. (Source, BR, The Nation, Pakistan Times)
	Country to achieve target of $10b investment: Senator Waqar Ahmed Khan; Federal Minister for Investment Senator Waqar Ahmed Khan expressed the hope that country would achieve the set target of 10 billion dollars investment by the end of current year. (Source, Daily National Courier)
	Report on low competitiveness launched in US; While the country’s competitiveness ranking dropped by nine points in a year, Prime Minister’s Adviser on Finance Shaukat Tarin launched the ‘State of Pakistan’s Competitiveness Report 2009’ in the US at a cost of Rs15 million. The report was officially launched at events organized in New York and Washington with Mr. Tarin as chief guest. It may be mentioned that no such event was held in Pakistan to share the report with the country’s legislators or the business community. (Source, Dawn)
	Pak-Italy sign $100 million agreement; Pakistan and Italy signed a $100 million agreement of financing ten projects within the framework of the Pakistan Italian Debt for Development Swap Agreement following the approval of the Management Committee. (Source, Dawn)
	New Trade Policy today Export target likely to be set at Rs18.5bn; The new trade policy, envisaging development of both domestic commerce and foreign trade, relief to the industry and competitiveness improvement, would be announced today. Earlier, the final draft of new trade policy was presented to the Prime Minister for his approval and now the policy would be placed before the Cabinet today for final approval. (Source, The Financial Daily)
	Govt. wants to boost economic activities; The Punjab government has planned to boost economic and trade activities in the province in collaboration with multi-national chain stores. (Source, The Post)