Prime Minister Imran Khan on Saturday unveiled a “historic” financial package worth Rs1.1 trillion for Karachi’s transformation that he said will address the chronic municipal and infrastructure issues of the country’s financial hub. The city’s drainage and sewerage issues were brought into national focus last month after record-breaking monsoon rains caused widespread devastation and left […]
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ISLAMABAD: Prime Minister Imran Khan on Friday decided to formally make south Punjab secretariat operational on Oct 15 and expressed the hope that the decision would bring an era of prosperity and development to the under-developed areas of Punjab. The prime minister announced this at a meeting on the establishment and working of south Punjab […]
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KARACHI: Expressing serious concerns over the prevailing poor post-rain civic conditions in the city, representative bodies of doctors warned on Friday that the situation might lead to outbreaks of different diseases if the government did not wake up to the threat and started acting diligently. They sought government attention towards one of the city’s long-standing […]
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ISLAMABAD: Pakistan’s exports dipped by 19.5 per cent year-on-year in August, data released by the Ministry of Commerce (MoC) showed on Thursday. During the second month of FY21, export proceeds were reported at $1.586 billion, as against $1.969bn over the corresponding period of last year. The exports returned to a declining trend after witnessing paltry […]
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KARACHI: Chief of Army Staff (COAS) Gen Qamar Jawed Bajwa assured full support to industrialists and businessmen in resolving various issues besides urging them to set up more industries and enhance exports. City’s businessmen met with the COAS at the Corps Headquarters in Karachi on Wednesday. In the meeting, which lasted two-and-a-half hours, Gen Bajwa […]
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ISLAMABAD: The Petroleum Division of Ministry of Energy (MEPD) and Islamabad Policy Institute (IPI) on Thursday challenged each other over the rationale to upgrading petrol and diesel to Euro-V standards in the country and over the relevant specifications and processes for such improvements. The debate started after the Islamabad Policy Institute (IPI) highlightedfaults with the government […]
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ISLAMABAD: The power sector’s circular debt increased by Rs538 billion (33.4 per cent) during the fiscal year ending on June 30, or at an average rate of about Rs45bn per month. This was observed during a meeting of the Senate Standing Committee on Power presided over by Senator Fida Muhammad Khan on Thursday. The government […]
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ISLAMABAD: The Privatisation Commission Board on Wednesday approved transaction structure for the revival of Pakistan Steel Mills (PSM). The PSM has not been in operation since June 2015. The transaction structure was agreed at the board’s meeting concluded late night on Wednesday, and will now be presented to the Cabinet Committee on Privatisation for approval. […]
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