15 January 2005	Saturday	04 Zilhaj 1425

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Pakistan asked to focus on key issues: Sustainable growth ISLAMABAD, Jan 14: The International Monetary Fund (IMF) has asked Pakistan to accelerate tax and revenue mobilization, contain rising inflation and expedite tightening of the monetary policy to achieve an accelerated and sustainable economic growth. ...		Trade gap widens by 233pc in 6 months ISLAMABAD, Jan 14: Pakistan's trade deficit rose by more than 233pc during the first-half (July-December) of the fiscal year 2004-05, over the same period last year. ...
Arrangements for mega expo finalized KARACHI, Jan 14: The 5th meeting of Steering Committee on Friday finalized arrangements for first mega exhibition of Pakistani products Expo Pakistan 2005, to be held here on February 5, 2005. ...		De-registration scheme fails to lure taxpayers ISLAMABAD, Jan 14: The scheme of de-registration announced in the budget 2004-05 for retailers and manufacturers with a turnover of less than Rs5 million largely failed to attract maximum taxpayers for withdrawing their names from the tax net. ...
Inflation to remain at 5-6pc this year LAHORE, Jan 14: State Minister for Finance Umar Ayub Khan on Friday hoped that inflation rate would remain restricted to the level of 5 to 6 per cent during the current fiscal year. ...		Fertilizer shares give 64pc return on strong demand KARACHI, Jan 14: The fertilizer sector produced total return of 64 per cent for the stock investors during the year 2004, which outperformed the gain of 39 per cent in KSE-100 index, by a margin of 25 per cent. ...
Banks to set up 50 branches for SMEs KARACHI, Jan 14: State Bank of Pakistan (SBP) has signed an agreement with five leading banks and Small and Medium Enterprise Development Authority (Smeda) for catering to the financial needs of SMEs. ...		Banks facing shortage of cash KARACHI, Jan 14: Banks had to turn to the State Bank to borrow overnight funds for the fifth consecutive day on Friday despite Rs9.3 billion injection by the central bank on Thursday. ...
WTO seeks policies to help tsunami-hit economies ISLAMABAD, Jan 14: WTO Director General Supachai Panitchpakdi has urged 148-member countries of the multilateral trading regime to mull trade policies for helping tsunami sufferers. ...		China allows issuance of new shares BEIJING, Jan 14: The China Securities Regulatory Commission (CSRC) on Friday cleared the way for the resumption of new share issues after a four-and-a-half-month suspension. ...
Lint price ease on hasty selling KARACHI, Jan 14: Cotton prices on Friday eased modestly from the current higher levels as some of the ginners tried to shed their extra load ahead of eid holidays. ...		Stocks recover 135 points on active short covering KARACHI, Jan 14: Stocks on Friday recovered from the overnight lows on active short-covering in most of the pivotals at the lower levels aided partly by fresh developments on the privatization front ...