ISLAMABAD, May 4 (INP): Pakistan is gearing up to celebrate the tenth anniversary of the China-Pakistan Economic Corridor (CPEC) in July. Last Thursday, Pakistani Federal Minister for Planning Development and Special Initiatives, Ahsan Iqbal, chaired a meeting to review the progress made on CPEC projects and issued directives to celebrate the significant economic progress in underdeveloped areas of Pakistan …
KARACHI, May 4 (EW): In view of the high cost of business, which has created financial hardships, Pakistan’s oil marketing companies (OMCs) have sought Rs12 per litre margin on high-speed diesel (HSD) and petrol, The News reported Thursday. During the latest review of petroleum prices on April 30, the OMCs margin on HSD was Rs6.50 per litre whereas it was …
ISLAMABAD, May 4 (EW): Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Thursday reached the Islamabad High Court (IHC) amid tight security to appear before the court seeking bail in nine different cases. Security had been tightened around the IHC ahead of Khan’s appearance who travelled to the federal capital from Lahore this morning to secure interim bail. A heavy …
Foreign Minister Bilawal Bhutto-Zardari arrived in Goa, India on Thursday on his first-ever visit to the neighbouring country, to attend a meeting of the Shanghai Cooperation Organisation (SCO). Bilawal is leading the country’s delegation at the SCO‘s Council of Foreign Ministers meeting scheduled to be held on May 4-5 in Goa. While leaving for India from Karachi, Bilawal reaffirmed Pakistan’s …
ISLAMABAD, May 4 (INP): The Asian Institute of Eco- Civilization Research and Development (AIERD) in collaboration with PMAS-Arid Agriculture University, Rawalpindi has launched the Understanding China Fellowship Program 2023 for the Pakistani youth intending and aspiring to understand China. Experts on China from Universities of both countries and think tanks will deliver lectures and conduct workshops to train the participants. The program is supported by the Chinese Embassy in Pakistan, Gwadar Pro reported on Thursday. Shakeel Ahmad Ramay, CEO AIERD said that the objective of the program is to equip the participants with knowledge and information about China’s success in different fields. “We want to acquaint them with the Chinese model of development and shared prosperity. And to provide them guidelines as to how they can suggest a way forward to Pakistani policymakers in line with the Chinese way of thinking”. As per the notification, youth having at least Bachelor’s degrees or Master’s degrees in social sciences disciplines will be preferably encouraged to apply. There will be no gender discrimination and equal opportunities will be given to everyone. After initial scrutiny selected candidates will be called for an interview in the first week of July for the final selection. The two-month long program will be divided into two parts. …
GWADAR, May 4 (INP): Hundreds of people of Gwadar become recipients of 10,000 free ration flour bags donated by Chinese Consulate Karachi. Each family received three bags, each 10 kg, in connection with fresh act of philanthropy initiated by Consulate General of the People’s Republic of China in Karachi in collaboration with China Overseas Port Holding Company, government departments, …
ISLAMABAD, May 04 (EW): The International Monetary Fund (IMF) — through the Memorandum of Economic and Financial Policies (MEFP) — has made it clear that Pakistan will not provide any kind of additional subsidy without prior approval of the lender as both sides struggle to arrive at a consensus on fiscal adjustment plans, The News reported. Pakistan and the IMF …
Finance Minister Ishaq Dar on Wednesday discussed Pakistan’s economic situation and progress made on the ongoing International Monetary Fund (IMF) programme with Andrew Schofer, Charge’d Affaires of the Embassy of USA, who called on him. As per a statement released by the Finance Division, Dar assured the US envoy that the government remains committed to completing the IMF program. …
ISLAMABAD, May 3 (EW): The Election Commission of Pakistan (ECP) filed a review petition on Wednesday against the Supreme Court’s (SC) month-old order fixing May 14 as the date for Punjab polls. In the petition, the electoral watchdog maintained that changing the election programme was the solitary domain of the ECP under section 58 of the Elections Act, 2017. Under …
ISLAMABAD, May 3 (INP): Chinese modernization presents a fresh approach for the world to consider when it comes to development paths. This is especially vital given the challenges posed by climate change and growing geopolitical competition, according to a report carried by Gwadar Pro on Wednesday. China’s resolute efforts to address the global deficits of development, peace, governance, and trust …