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Foreign Direct Investment has witnessed an increase of 2.4 billion dollars during the current financial year- International rating organizations have recognized Pakistan's economic growth: PM

This cabinet meeting with the Prime Minister in chair was informed that Pakistan had recorded an increased GDP growth of 5.3 percent during the current fiscal year due to prudent economic policies of the government. Large scale manufacturing achieved 5.6 percent growth whereas per capita income increased to 1,629 dollars from 1,334 dollars in 2013. Remittances increased to 19.3 billion dollars, tax collection reached 3,362 billion rupees and fiscal deficit reduced by 5.8 percent. Forex reserves increased to 21.4 billion dollars and Foreign Direct Investment witnessed an increase of 2.4 billion dollars in the current financial year.

Analyst live on Phone: 

Dr. Mehbob Ur Rehman (Economic Expert )

Executive Committee of National Economic Council approves nine major projects

The approved projects by EENEC include revision of Prime Minister's National Health Programme and construction of 132 KV new grid station and transmission line as well as energy loss reduction project by Sukkur Electric Power Company. Road projects cleared by the ECNEC include construction of Chitral-Garam Chashma- Doraha road, dualization and improvement of Old Bannu Road and Pindigheb-Kohat Road, and change in financing modalities of construction of Lahore-Sialkot Motorway.

Over 2mln faithful clad in white ihram leaves for Mina 

Chanting Talbiyah, over two million faithful clad in white Ihram will leave for the tent valley of Mina tonight for the hajj rituals beginning today. About three hundred thousand pilgrims will travel by trains and the remaining by buses. The Hujjaj will offer Zohar, Asr, Maghrib and Isha prayers at Mina and move to Arafat soon after Fajr prayers on 9th Zilhaj where they will listen to Hajj sermon to be delivered from Nimra Masjid and offer Zohar and Asr prayers.

Host: Abid Abbasi

Co-Host: Rana Qaiser


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