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Daily Economic Activities

(July 23, 2009)

Economic Bulletin click here for Market Glimpse  
Marshal plan needed to overcome problems: Zardari;
President Asif Ali Zardari has said that Pakistan needed a marshal plan to overcome its economic problems compounded by the fight against militancy and urged the international community to come forward to help Pakistan. Talking to US special envoy Richard Holbrooke, who called on him. Asif Ali Zardari said that he looked forward to the next meeting of the Friends of Democratic Pakistan (FoDP) for stepped up strategic and economic support to Pakistan.
(Source, BR)
Zardari hails China handling of Xinjiang;
Backing fully internal and external approach for promoting harmony, President Asif Ali Zardari commended China for handling the recent incidents in Xinjiang with great sagacity.
Spokesperson to the President former Senator Farhatullah Babar said that the President made these remarks during a meeting with Chinese Ambassador in Islamabad Lue Zhaohui who called on him prior to the China Task Force review meeting in the Presidency, Islamabad.
(Source, The Nation)
Ministry told to ensure fuel supply to plants: Gilani chairs meeting on energy;
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Water and Power to ensure daily delivery of 35,000 tons of furnace oil and 100 mmcfd additional gas to power plants. Chairing the first meeting of the Special Committee on Energy constituted following violence and protests across the country on Tuesday.
(Source, BR)
Investment promotion, protection bill in NA soon: Senator Waqar Ahmed Khan;
We are working to ensure continuity in investment policies; Senator Waqar Ahmed Khan, Federal Minister for Investment said that Pakistan is a land of opportunities.
We have 26th largest economy in the world in terms of purchasing power, and the 47th largest in absolute dollar terms. Pakistan offers its investors a strong and large consumer market with an ever expanding middle class.
(Source, Daily National Courier)
Oil, gas exploration conference starts today;
As part of a drive to secure foreign investments and overcome the energy crisis, a two-day
conference on oil and gas exploration in Pakistan is being organized. The July 23-24 “Pakistan Exploration Promotion Conference” arranged by the Ministry of Petroleum and Natural Resources will comprise a series of events and interactive sessions between various stakeholders for a share in the South Asian country’s natural resources.
(Source, The News)
Industrial policy to be finalized soon: Durrani;
State Minister for Industries and Production Dr Ayat Ullah Durrani said that the government had decided to build a strategic reserve of 250,000 tons of fertilizers to check its shortage during the current season. Talking to media persons after a meeting at the office of the National Fertilizer Corporation (NFC), he said that strategic reserve stock would be in addition to the country's total requirement.
(Source, BR)
 
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