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February, 2014 - Volume: 2, Issue: 2 Pakistan needs seven percent growth rate for survival: FPCCI IN THIS BULLETIN Pakistan likely to get a boost in textile exports to EU under GSP Plus Foreign companies invest $2.02bn for oil and gas exploration Economy News 1-14 Dutch Ambassador for diversifying Pak’s exports to EU 3G auction can add billions of dollars to national GDP Humanitarian Organizations’ 15 Foreign investors urging Govt to relax PPRA rules’ Interventions Wave of terrorism dangerous for Pak economy: IMF Dar assures OICCI of Government support Forex reserves drop to $8.1bn SPI Average Prices-Jan 2014 16 Trade issues discussed with India FBR rejects refund claims on Afghan exports Economic Profile - Quetta 17-19 FDI drops by 26pc in first half of FY14 Mobile phone users pay over Rs. 91bn tax in three years Economy to remains luggish this year: SBP Articles 21 Tax directory to be released on Feb 15: Dar Pakistan's central bank forecasts upbeat 4pc growth Maps 20,22,24,26,28 Rs. 281.439mn released for Industries Division PM Youth Business Loan Programme to benefit 0.6mn families Urdu News 25-33 Karachi’s inflation lowest in December Remittances rise to $7.79 billion Government expanding economic pie for high tax collection Economic Directory 34-39 Public debt to reach 66pc of GDP in 2014, warns IMF ECONOMIC SITUATION OF THE HOUSEHOLD BANKING SECTOR ASSETS IN GCC COUNTRIES MAPS ISLAMIC BANKING BRANCH NETWORK UNEMPLOYMENT STATISTICS - PAKISTAN LOAN DISBURSED BY ZTBL ECONOMIC SITUATION OF THE HOUSEHOLD 45 40 Economic Situation of the Worse Household 35 30 Hunza Nagar Punjab Ghizer Chitral ± 25 Sindh Gilgit 20 Diamir Khyber Pakhtunkhwa Skardu Kohistan 15 Upper Dir Swat Ghanche Balochistan Astore Lower Dir Shangla Neelum 10 Batagram Bajaur agency Mansehra Malakand P.A Torgher 5 Mohmand Agency Buner Mardan Muzaffarabad Charsadda Hattian Swabi Abbottabad 0 Peshawar Haripur Bagh Khyber Agency Nowshehra Haveli Economic Situation of the Better Household FR Peshawar Poonch Kurram Agency Worse Worse Better Better Orakzai agencyFR Kohat Islamabad Sudhnoti Indian Occupied Kashmir Attock Urban Rural Urban Rural Hangu Kohat Kotli Rawalpindi Mirpur Karak FR Bannu Bhimber Hunza Nagar N. Wazirastan Bannu Chakwal Jhelum Average Number of Earners Ghizer Mianwali Gujrat Chitral FR Lakki MarwatLakki Marwat FR Tank Per Household by Province Mandi Bahauddin Sialkot S. Wazirastan Gilgit Tank Narowal Khushab Gujranwala Sargodha (Quintiles) Hafizabad Diamir D I khan Skardu Kohistan Sheikhupura Upper Dir Swat Ghanche Province Year 2010-11 Year 2011-12 Bhakkar Chiniot FR D.I.Khan Astore Sheerani Nankana Sahib Lahore Punjab 1.9 1.91 Zhob Faisalabad Lower Dir Shangla Neelum Batagram Jhang Bajaur agency Mansehra Kasur Malakand P.A Sindh 1.86 2.1 Layyah Torgher Killa Saifullah Mohmand Agency Buner Musa Khel T. T Singh Percent Distribution of Pishin Mardan Muzaffarabad Killa Abdullah Okara Khyber Charsadda Hattian 1.59 1.63 Abbottabad Sahiwal Household Peshawar Swabi Pakhtukhwa Ziarat D G khan Khyber Agency Haripur Bagh Muzafargarh Khanewal Nowshehra Haveli Loralai Pakpattan Quetta FR Peshawar Poonch Harnai Kurram AgencyOrakzai agency Islamabad Sudhnoti Indian Occupied Kashmir Balochistan 1.65 2.19 Multan <= 7 FR Kohat Vehari Barkhan Attock Hangu Kohat Kotli Mastung Rawalpindi Lodhran Bahawalnagar 6.89 - 22.07 Mirpur Kohlu Karak Sibi FR Bannu Nushki Bhimber N. Wazirastan Bannu Chakwal Jhelum Kachhi 22.07- 33.17 Rajanpur Mianwali Gujrat Kalat FR Lakki MarwatLakki Marwat Chagai Dera Bughti FR Tank Mandi Bahauddin Bahawalpur Sialkot 33.17 - 49.16 S. Wazirastan Tank Kharan Khushab Gujranwala Narowal Nasirabad Sargodha Jhal Magsi Hafizabad R Y khan Jaffarabad 49.16 - 83.04 D I khan Jacobabad Kashmore Sheikhupura Bhakkar Chiniot FR D.I.Khan Shikarphur Sheerani Nankana Sahib Lahore Ghotki Zhob Washuk Faisalabad Percent Distribution of Shahdad kot Jhang Larkana Kasur Khuzdar Sukkur Killa Saifullah Layyah Musa Khel T. T Singh Household Pishin Killa Abdullah Okara Sahiwal Dadu Naushahro Feroz Ziarat D G khan Khairpur Muzafargarh Khanewal Panjgur Loralai Pakpattan <= 5 Quetta Harnai Multan Vehari Barkhan S. Benazirabad Mastung 4.22 - 11.02 Awaran Lodhran Bahawalnagar Sibi Kohlu Kech Sanghar Nushki Lasbela Matiari 11.02 - 19.00 Jamshoro Kachhi Rajanpur Kalat Gwadar Chagai Dera Bughti HyderabadT. Ayar Umerkot Mirpurkhas Bahawalpur 19.01 - 28.57 Karachi Kharan Nasirabad T. M Khan Jhal Magsi R Y khan Jaffarabad 28.57 - 59.75 Tharparkar Jacobabad Kashmore Badin Thatta Shikarphur Ghotki Washuk Shahdad kot Larkana Khuzdar Sukkur Percentage Of Monthly Consumption Expenditure Average Household Size by Province Naushahro Feroz Dadu Khairpur by Commodity Groups Panjgur (Quintiles) COMMODITY GROUP Urban- Rural- Total- Urban- Rural- Total- S. Benazirabad 2011 2011 2011 2012 2012 2012 Awaran Province Year 2010-11 Year 2011-12 Kech Sanghar Food, drinks & tobacco 41.08 54.71 48.91 38.15 50.58 45.01 Lasbela Jamshoro Matiari Punjab 6.16 6.08 Food & Nonalcoholic Beverages 38.98 52.44 46.71 35.71 48.21 42.62 Sindh 6.39 6.55 Gwadar Umerkot Alcoholic beverages &Tobacco 0.79 1.26 1.06 0.81 1.32 1.09 HyderabadT. AyarMirpurkhas Khyber Restaurant & Hotels 1.32 1.01 1.14 1.61 1.05 1.3 Karachi 7.17 7.22 T. M Khan Pakhtukhwa Clothing & Footwear 4.66 5.45 5.11 5.11 6.19 5.71 Tharparkar Badin Balochistan 7.08 8.53 Housing (rent & other costs) 28.1 16.68 21.54 26.52 16.65 21.09 Thatta Housing 21.04 8.67 13.98 19.63 7.91 13.18 Water, Electricity ,Gas & other fuels 7.06 8.01 7.6 6.89 8.74 7.91 Furnishing & Household equipment 7.03 7.48 7.29 8.35 8.95 8.82 Maintenance Disclaimer Transport & communication 8.87 7.13 7.87 9.3 8.01 8.58 Data Source: Transport 6.69 5.51 6.01 6.97 6.16 6.52 Copyrights Reserved. This map is compiled and produced by ALHASAN Systems Private Limited Pakistan Social and Living Communication 2.18 1.62 1.86 2.33 1.85 2.06 [www.alhasan.com] and is brought to you free Standards Measurement (PSLM) of cost for informational purposes only. Recreation & Culture 0.83 0.23 0.48 0.88 0.27 0.54 The product might have not been prepared fo Education 4.82 2.51 3.49 6.58 3.36 4.8 r or be suitable for legal, engineering, or surveying Miscellaneous Goods & Services 2.44 2.65 2.56 2.5 2.44 2.47 Kilometers purposes.For further details and metadata information please call ALHASAN Systems at Health 2.18 3.19 2.76 2.54 3.55 3.1 0 37.5 75 150 225 300 375 +92.51.486.5064/ 843.7324 or email at [email protected]. This bulletin is the result of a collaborative effort between ALHASAN Systems Private Limited and Information Management & Mine Action Programs [iMMAP]. Should you have any question or require further details and Metadata information please contact at +92.51.486.5064/ +92.51.843.7324 or email at [email protected]. www.immap.org 1 NEWS HEADLINES DETAILS Dar assures OICCI of Govt. ISLAMABAD - Overseas Investors Chambers of Commerce (OICCI) President Kimihide Ando support on Wednesday said that Mitsubishi Corporation was exploring new avenues for expanding its The Nation,30thJan 2014 business and enhancing investment in Pakistan. He said this while talking to Finance Minister Senator Mohammad Ishaq Dar. While talking to the President OICCI, the finance minister thanked the president and members of OICCI for showing their confidence in the economic policies of the government. The minister said that the government would facilitate overseas investors in every possible manner as part of its policy to encourage foreign investment in the country. Earlier, Finance Minister Senator Mohammad Ishaq Dar held a meeting with representatives of oil marketing companies and oil refineries. The present government, Dar said, was engaging with oil companies as part of its policy to ensure that essential items like oil are available to the industry as well as for common use without any interruption. The minister was informed that the present stock of oil in the country was enough for 30 days. In another development, Ishaq Dar chaired a high level meeting at the finance ministry to enhance trade relations with Russia. He stressed that all outstanding financial issues including the claims of Pakistani businesspersons be settled at the earliest for furthering of bilateral ties. It was agreed that the Ministry of Commerce and Foreign Affairs would engage with the Russian Federation to achieve concrete progress as early as possible. 3G auction can add ISLAMABAD: It is a widely recognized reality that broadband infrastructure contributes billions of dollars to towards economic growth of a country and significant amount of job creation. Pakistan without national GDP 3G services was left with aging copper media to cope with broadband needs of the country th while WiMAX operators could not fill the gap while EvDO technology can be termed as smooth Business Recorder, 29 Jan 2014 enough to entirely replace the fixed broadband technology. This whole proposition resulted into mere around 3 million broadband connections in last one decade against 129 million cellular subscriptions during the same duration. According to Pakistan Telecommunication Authority (PTA) data, the number of Broadband Internet users in Pakistan increased from less than 27,000 in 2005-06 to around 2.72 million subscribers and 30 percent growth during 2012- 13.The penetration level remains low at 1.52 percent. However, the remarkable growth of wireless technologies is an encouraging sign for the sector as major player Pakistan Telecommunication Company Limited (PTCL) invested a lot and it is currently leading the broadband market by a long margin with its EvDO services.