of Pakistan Board of Investment
(Public Affairs Wing)
from Pakistan (10-12-2002)
Adviser to the Prime Minister on Privatisation and
Investment, Dr. Abdul Hafeez Shaikh, took charge
at the Privatisation Commission on Monday.
Karachi Stock Exchange on the first day after Eid
holidays was in a jubilant mood and reached the eight-and-a-half-year
high, touching 2,400 points as support from financial
institutions and leading brokerage houses was seen
in fuel, energy and banking stocks.
recoverable gas reserves have been estimated to reach
27 trillion cubic feet in the country following major
discoveries made by both local and foreign exploration
Minister's Adviser on Finance Shaukat Aziz has given
the first presentation from a series of briefings
to Prime Minister highlighting the macroeconomic
frame-work of the economy.
12th SAARC Summit due to be held in Islamabad early
next month has been postponed.
impact of the promised $ 1 billion loan waiver by
US will span over 38 years, as it is part of Paris
Club Rescheduling Agreement and it will not be a
one go affair.
Federal Government has withdrawn Customs and Immigration
facility available to Pakistan International Airlines
(PIA) passengers departing for Muscat, Oman, from
foreign exchange reserves have reached $ 9.01 billion.
exports have increased by 87,381 kg or Rs 10 million
during July to September 2002.