ISLAMABAD:Prime Minister Muhammad Shehbaz Sharif has extended his heartfelt congratulations to Pakistan and China on the completion of 10 years of China Pakistan Economic Corridor (CPEC). In a message of felicitation, he congratulated the leadership and people of the two countries saying that Pakistan and China are iron brothers, and CPEC is a new chapter in this time-tested and evergreen strategic cooperative partnership. The Prime Minister said the CPEC is also a manifestation of the vision “Development for All” of China’s great leader Xi Jinping and our Quaid Muhammad Nawaz Sharif. He said the Belt and Road Initiative is also

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ISLAMABAD:Minister for Information and Broadcasting Marriyum Aurangzeb has expressed the commitment to stabilize the economy and address the issue of inflation. Addressing a news conference here in Islamabad on Wednesday, she said the people are fully aware of the fact that the PML-N always delivers on the economic front. She said an economic revival plan has been rolled out which envisages the development of various sectors including agriculture, IT and Industries. She said this plan will bring both domestic and foreign investment, produce employment opportunities and also help address the issue of inflation. Alluding to the recent statement of PTI

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ISLAMABAD:Pakistan on Wednesday strongly condemned the raids and airstrikes carried out by the Israeli occupation forces in Jenin in the occupied West Bank, which killed 10 Palestinians and injured some 50 others. The Foreign Office spokesperson in a s…

ISLAMABAD:The government will observe Youm-e-Taqaddus-e-Quran on Friday to hold countrywide protest demonstrations against the desecration of Holy Quran in Sweden.
The decision was made in a meeting chaired by Prime Minister Shehbaz Sharif to discuss t…

ISLAMABAD:National Electric Power Regulatory Authority (Nepra) has approved an increase of Rs1.90 per unit on account of monthly fuel charges adjustment (FCA), according to a report on Wednesday. This amount will be recovered from the consumers in the month of August. Furthermore, the increase in electricity tariff will apply to all the consumer categories except lifeline consumers and KE users. The increase in power tariffs will put Rs23 billion in additional pressure on the already burdened masses, who are struggling to make ends meet amidst rising inflation and a weak economy. Separately yesterday, the National Electric Power Regulatory Authority (NEPRA)jacked

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ISLAMABAD:Prime Minister Shehbaz Sharif has expressed the resolve to pursue the China Pakistan Economic Corridor (CPEC) with a new vigor and commitment by focusing on areas such as agriculture, special economic zones, Information Technology and exploration of natural resources. He was addressing a ceremony here in Islamabad on Wednesday, commemorating the completion of ten years of multibillion dollars CPEC project. The Prime Minister was confident that the CPEC would take a new turn with the incorporation of these vital sectors. Shehbaz Sharif said it is the most transparent project in which investment of about 25.4 billion dollars has so far

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ISLAMABAD:The US Ambassador to Pakistan Donald Blome called on Finance Minister Senator Mohammad Ishaq Dar here in Islamabad on Wednesday. The two sides exchanged views on the matters of mutual interest and for enhancing the bilateral investment and trade relations between Pakistan and the United States. The Finance Minister appreciated the deep rooted historic and durable bilateral relations with the United States on economic and trade fronts. He also updated the Ambassador about successfully reaching the staff level agreement with the International Monetary Fund (IMF) and communicated about the economic policies and priorities of the government in order to set

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