01 March 2005	Tuesday	19 Muharram 1426

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Aziz for improving quality of export goods ISLAMABAD, Feb 28: Prime Minister Shaukat Aziz has emphasized the need for improving the quality of traditional export items. ...		Budget deficit at 1.29pc of GDP KARACHI, Feb 28: Pakistan's budget deficit increased to Rs79.56 billion or 1.29 per cent of the GDP during the first half of the current fiscal year, according to data released by the Ministry of Finance. ...
Govt justifies increase in POL prices ISLAMABAD, Feb 28: The federal government on Monday increased petroleum prices by up to 4.3 per cent with immediate effect saying it could no more sustain the revenue loss that has started affecting development programme. ...		July-Feb collection stands at Rs333.4bn ISLAMABAD, Feb 28: The tax authorities have collected Rs333.4 billion during the July-February period of the current fiscal year against the budgetary target of Rs340.8 billion showing a decrease of 2.17 per cent. ...
World Bank to enhance funding ISLAMABAD, Feb 28: The World Bank has agreed to finance vital infrastructure development projects and enhance funding for poverty alleviation and small and medium enterprises (SMEs). ...		SME Bank profit ISLAMABAD, Feb 28: Small and Medium Enterprise (SME) Bank has posted ten-fold higher profit in 2004 as compared to the year before, stated an official announcement issued here on Monday. ...
Task forces report on cotton by March 10 ISLAMABAD, Feb 28: Federal Minister for Textile Industry Mushtaq Ali Cheema has said that the task forces will submit their reports latest by March 10 to ensure production of high quality and contamination free cotton. ...		PICIC declares bonus shares KARACHI, Feb 28: Pakistan Industrial Credit and Investment Corporation Limited (PICIC) has announced bonus shares at 30 per cent for shareholders. ...
Javedan Cement earns Rs103.8m profit KARACHI, Feb 28: Javedan Cement earns a record net profit of Rs103.861 million in July-December 2004, as against Rs26.952 million in the corresponding period last year. ...		US restores GSP for 14 product groups KARACHI, Feb 28: The United States has restored generalized system of preference (GSP) for 14 Pakistani product groups reducing customs duties on various products, seven of them with duty-free access. ...
Trading remains active on cotton market KARACHI, Feb 28: An active trading was again witnessed on the cotton market on Monday as most of local spinners tried to grab the floating stock below Rs2,400. ...		Bank, energy shares avert large decline KARACHI, Feb 28: Stocks on Monday remained under pressure as attempted rallies on selected counters failed to absorb bulk of the selling originating from some leading institutional traders ...