"Pakistan is open to business with very
attractive opportunities for investment for trade and for Turkish
contractors to participate in our infrastructure development programmes."
(Prime Minister Shaukat Aziz said during bilateral
talks with Turkish counterpart, Tayyip Erdogan)
"We are honestly trying our best to improve
bilateral relations with Pakistan but there are some problems which I
hope will be overcome."
(Indian Prime Minister, Dr. Manmohan Singh last month
has expressed the hope that the recently concluded talks with Pakistan
would lead to a solution between the two countries)
"Our fiscal and current account deficits were
very high which had to be controlled. As a result of these deficits, the
debt increased and so did its servicing cost. This eliminated Pakistan's
fiscal space, and almost 50% of government revenues were going into
interest payments and loans were taken even for current
(Dr. Salman Shah, Adviser to PM on finance, revenues
and economic affairs expressed his views on the current economic
"After a major economic boom in which many have
made huge profits in a short period of time, the real estate sector and
the share market have lost the attraction for small investors."
(An official of a commercial bank, pointed out in an
interview to a local English newspaper)
"Foreign Exchange reserves of the country
decreased by $106.7 million to $12.600 billions in the week ending May
(A statement issued by State Bank)
"Bari Imam shrine incident is a deplorable
demonstration of barbarism." [MMA spokesman]
(Political leaders condemned the attack on Bari Imam
"We are willing to see an American contribution
to a coordinated withdrawal from the Gaza Strip."
(An official from Sharon's office expressed his wish
regarding American contribution)
"A chapter of film industry has been closed with
the death of Rangeela."
(Whole film industry has expressed deep sorrow on the
death of famous Pakistani comedian and filmstar Rangeela)
"The peace process has become irreversible as
people from both sides, belonging to all sections of the society desire
settlement of disputes."
(Veteran Indian politician Mr. Lal Kirshan Advani
said in a separate meeting with MMA leader Moulana Fazul Rehman, here in
"The index level of 8000 appears to be the next
bull target if all goes well with the federal budget and the rumoured
(One of the Karachi Stock Exchange brokers claimed)
"Pakistan's budget deficit went upto Rs131
billion in nine months of this fiscal year from Rs71 billion in the same
period last fiscal year, showing an increase of 84.5 pc."
(According to the latest data on fiscal operations)
"Due to higher input cost, mainly because of
high utility charges and rapidly increasing mark-up rates, the cost of
production has lately increased manifold and a large number of units in
Karachi have already been shut down."
(Shabir Ahmed, Chairman Pakistan Bedwear Exporters
Association, urged government to encourage and support exports of
"The Bush administration prefers to resolve all
the trade issues with China through negotiation rather than
(US Commerce Secretary Carlos Gutierrez said on
arrival in Beijing)
"With the cooperation of our strategic and
financial partners, we are going aggressive for future projects in
diversified operations especially in Middle East and Africa."
(Obaid Saeed Bin Mes'har, CEO of Etisalat
International quoted as saying)
"Bigger projects are in the pipeline to meet
Dubai's consumption forecast and projected growth demand due to huge
construction and development projects."
(Saeed Mohammad Al Tayer, Managing Director & CEO
of Dewa said while unveiling major capacity-building plan)
"Total bilateral trade between South Africa and
UAE during 2004 was worth $610 million (Dh2.24 billion)."
(Dikgang Moopeloa, Ambassador of South Africa to the
"India wants a new world trade pact that would
prevent the United States and other countries from taking steps to ban
companies from outsourcing jobs."
(A top Indian official quoted as saying)