Islamabad, Nov 9: Finance Minister Reveals No Lenders Willing to Rollover Debt for Pakistan’s Relief. Finance Minister Muhammad Aurangzeb stated on Friday that investors are hesitant to assist Pakistan by either depositing funds or refinancing debt. Speaking at a literature festival in Islamabad, he called on the private sector to take the lead in driving economic progress and to eradicate corrupt practices such as speed money.Aurangzeb recognized that lenders are currently unwilling to provide new deposits or extend debt rollovers, which has compelled Pakistan to seek investment from partners such as China, Saudi Arabia, and the UAE. The finance minister…
Author: Iqra Khan
Islamabad, Nov 9: Ex-Cricketer Advocates for Launch of Women’s Cricket League in Pakistan. Iram Javed, an experienced player on Pakistan’s women’s cricket team, has called on the Pakistan Cricket Board (PCB) to create a dedicated league for women’s cricket, asserting that it is vital for the advancement of the sport in the nation. During a media conference in Karachi, Iram advocated for a women’s tournament similar to the Pakistan Super League (PSL), asserting that such an event would offer essential high-level experience for the country’s female cricketers. “If we are granted league opportunities, we can achieve international standards as well,”…
Islamabad, Nov 9: Punjab Sports Gala Postponed Due to Severe Smog Conditions. The highly anticipated sports gala organized by the Punjab government has been delayed due to a dense layer of smog that continues to cover Lahore. The decision, made by Chief Minister Maryam Nawaz, emphasizes the importance of public health and safety in light of dangerous air quality levels. Senior Minister Maryam Aurangzeb confirmed the delay, highlighting the government’s dedication to protecting the wellbeing of citizens during the smog season. She stated that the gala will be rearranged once the air quality improves to ensure a safer atmosphere for…
Islamabad, Nov 9: PTA Declares It Is Not Responsible for Ensuring Safety of Electronic Devices. The Pakistan Telecommunication Authority (PTA), which has no connection to telecommunications, has released itself from the duty of protecting electronic equipment, such as pager devices, by claiming that the detection of explosive ingredients is outside its purview. According to the Authority’s official documents on electronic device security in light of recent pager device explosions in Lebanon and Syria, the identification of explosive material is not PTA’s mandate because it has nothing to do with terminal equipment or telecom systems. This document also discusses the potential…
Islamabad, Nov 9: On Iqbal Day Gillani Calls on Nation to Reaffirm Commitment to Iqbal’s Teachings for a Prosperous Pakistan. Acting President Syed Yousuf Raza Gillani called on the nation to reaffirm its dedication to the teachings of Allama Iqbal, the ideological founder of Pakistan, and to strive for the unity, peace, and prosperity of the country. In a message commemorating the Birth Anniversary of Dr. Allama Muhammad Iqbal on November 9th, the Acting President emphasized the importance of embodying Iqbal’s principles while making continuous efforts to create a better future for Pakistan. “Today, we honor the contributions and legacy…
Islamabad, Nov 9: Apni Chhat Apna Ghar Initiative Offers New Hope for Punjab’s Homeless, Says Senator Talal Chaudhry. Speaking Saturday in the floor of Senate, PML-N Senator Talal Chaudhry applauded Maryam Nawaz Sharif early initiatives especially the ‘Apni Chhat Apna Ghar’ plan that is part of PML-N important vision to respond to homeless people in Punjab. Senator of Ptv news channel has recently share his views about “Apni Chhat Apna Ghar” and has shown his great impressions about it.He added that this project is intended to help the families from low income earning groups to own homes and quality living…
Islamabad, Nov 9: Ambassador Rizwan Sheikh Emphasizes Pakistan’s Key Priorities to Strengthen Cooperation with the US. Pakistan’s current Ambassador to the U.S. Rizwan Saeed Sheikh also underlined the need to advance the relations of both countries through mutually beneficial cooperation in trade and investment, education and health, science and technology as well as climate change initiatives. During a recent visit to the University of California, Berkeley he urged the Pakistani American community to play more active role in enhancing bilateral relations. The Ambassador appreciated the community’s culinary activities involving the American institutions, policy makers, and businesses, which enhance bilateral relations…
Islamabad, Nov 8: Gold Prices Surge in Pakistan Following Sharp Decline.The cost of gold in Pakistan increased by Rs. 2,000 per tola on Friday following a significant drop the previous day. As per information released by the All-Sindh Sarafa Jewellers Association, the price of gold (24 carats) rose by Rs. 2,000 per tola, bringing it to Rs. 278,800, while the price for 10 grams climbed by Rs. 1,715 to reach Rs. 239,026. PKR (24-karat per tola) Nov 08, 2024 Nov 07, 2024 DoD 1 Month FYTD CYTD Gold 278,800 276,800 2,000 7,100 37,100 58,800 Silver 3,300 3,300 0 250 450…
Islamabad, Nov 8: Finance Minister Highlights Digitization as Key Driver for Pakistan’s Economic Growth. The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, emphasized on Friday that digitizing the economy is essential for fostering economic growth and generating sufficient resources to meet the country’s development demands, thereby reducing reliance on continuous financing. He made these comments during a meeting with a Veon Group delegation at the Finance Division, as stated in a press release from the finance ministry. The delegation was led by Augie K. Fabela, the founder and chairman of the Board of Veon Group, with Kaan Terzioglu,…
Islamabad, Nov 8: Tajikistan Trade Delegation Visits PCJCCI to Explore Bilateral Trade and Investment Opportunities. A delegation of five members from Tajikistan visited the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) on Friday to explore potential sectors for trade between Pakistan, China, and Tajikistan. The meeting included Nazir Hussain, President of PCJCCI, Brig. (Retd.) Mansoor Saeed Sheikh, Senior Vice President of PCJCCI, Zafar Iqbal, Vice President, Salahuddin Hanif, Secretary General, and the members of the executive committee of PCJCCI. The delegation was led by Daler Qodiri, Chairman of the Board of Directors at Fayz Technology (Group of Companies).…
