Tag Archives: Target

Pakistan may miss agriculture credit target

Pakistan may miss agriculture credit target

KARACHI: Pakistan is likely to miss its target of disbursing Rs 270 billion in agriculture credit through commercial and specialised banks during the current financial year, 2010-11.
State Bank of Pakistan (SBP) statistics show that the country’s banking sector lend some Rs 56.693 billion during first four months of the current fiscal year (July-October FY2010-11), compared to Rs 62.838 billion in the corresponding period, last year.
During the period under review, borrowing

England target unbeaten Australian tour after draw

MELBOURNE: Wicketkeeper Matt Prior said England were aiming to go through their Australian tour unbeaten after the tourists ground out a draw in their three-day match with Victoria on Sunday. Set 311 runs to win on the final day at the Melbourne Cricket Ground, England were 211 for six off 54 overs when the match was called off as a draw with an hour of scheduled play remaining.
England shut up shop after tea, scoring only 52 runs in 21 overs with Prior finishing unbeaten on 102

Punjab govt to target farmers after teachers and students: Elahi

LAHORE: After teachers and students, farmers would be the next target of the Punjab government, former Punjab chief minister Chaudhry Pervaiz Elahi said on Saturday.
He made these remarks while chairing a meeting of Pakistan Muslim League-Quaid (PML-Q) Nankana chapter office bearers at the PML House. Elahi said that while people were dying of hunger, Punjab CM Shahbaz Sharif was ruthlessly using the government machinery to silence the voices of the oppressed.

Hackers target bank, credit card websites in WikiLeaks war

ZURICH: An anonymous group of hackers said Wednesday they had launched online attacks to shut down the websites of credit card Mastercard and a Swiss bank that cut off business ties with WikiLeaks.
The self-styled ‘hacktivist’ group dubbed Anon_Operation said in one tweet that “www.mastercard.com/ is down” and the site of the credit card giant could not be accessed from Geneva. On their homepage the group, which claims it is fighting for “freedom on the internet” and against

CID arrests six, foils terror plot to target Muharram procession

KARACHI: The Crime Investigation Department (CID) on Wednesday arrested six alleged members of the banned Lashkar-e-Jhangvi (LeJ), believed to be plotting an attack on a procession in the upcoming holy month of Muharram procession.
The men were arrested in an early morning raid in the city’s Manghopir area. CID SP and AEC chief, Omer Shahid Hamid, told a press conference along with SSP Chaudhry Aslam Khan, that the six men were identified as Qari Dawood, Nafees Abbas, Ikramul

India-led hosts target World Cup blockbuster

NEW DELHI: India, Sri Lanka and Bangladesh have joined hands with the aim of putting on a memorable World Cup as cricket’s showpiece event is played in South Asia for the third time.
A hundred days ahead of the February 17 opening ceremony in the Bangladeshi capital of Dhaka, the International Cricket Council gave a thumbs-up to the work done by the three host nations.
“I am confident we will get a good tournament,” ICC chief executive Haroon Lorgat told AFP. “Preparations

SBP’s Ijara fundraising goes beyond target

KARACHI: Analysts smell a rat as the State Bank of Pakistan despite global and domestic economic slowdown was able to raise Rs 51.84 billion ($608 million) by selling three-year Islamic bonds in the local market.
Last month, the central bank targeted a rise of Rs 80 billion by selling the three-year Government of Pakistan Ijara Sukuk, for which the first auction was held on Monday (November 8) with settlement on
November 15.
The second auction is scheduled on the 13th

Fresh strategy being developed to target EU markets

ISLAMABAD: The Ministry of Commerce has convened a meeting of important industrialists on Thursday to formulate a strategy on how to derive the greatest benefit from the European Union’s (EU) waiver of approximately $ 900 million of tarrifs in 75 Pakistan product categories.
The Minister for Commerce, Makhdoom Amin Fahim, will chair the meeting on Thursday in Karachi. Meanwhile, Secretary Commerce Zafar Mehmood and newly appointed Chief Executive of Trade Development Authority