Tag Archives: Government

The recent decision by the federal government to reject a proposal for a Rs7.3 billion grant to aid Pakistan International Airlines (PIA) has sparked a wave of concerns and discussions, especially given the airline’s ongoing struggles with debt and legal disputes. This move aligns with the government’s commitments to the International Monetary Fund (IMF), emphasizing the complexities faced by PIA …

In a recent announcement, the Finance Ministry has revealed that the government closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget deficit of 0.9 percent of the Gross Domestic Product (GDP) or Rs 962.801 billion. Budget Deficit Analysis: The consolidated data of fiscal operations, made public by the Finance Ministry, shows that during the first …

  Information Minister Murtaza Solangi reaffirmed the caretaker government’s authority to make significant economic decisions and enact reforms during a press conference of key ministers of the interim government at a meeting of the Special Investment Facilitation Council (SIFC). The press conference featured caretaker Finance Minister Shamshad Akhtar, Commerce Minister Gohar Ejaz, and Power Minister Mohammad Ali. Solangi stated that …

Dr. Umar Saif, Pakistan’s Minister for Information Technology, has unveiled an ambitious roadmap for the country’s tech sector. These plans encompass a wide range of initiatives aimed at advancing Pakistan’s technological landscape and fostering innovation. Among the notable announcements is the approval for the launch of Starlink services in Pakistan, a satellite internet venture by Elon Musk’s SpaceX. Starlink’s mission …

The government of Punjab has announced the introduction of a monthly house tax to support essential services, including water supply, sanitation, and waste management, in 16 tehsils across the region. This tax is expected to play a crucial role in addressing critical needs and enhancing the quality of life for residents in these areas. Residents living in the following tehsils …

Introduction: Pakistan has expressed its appreciation for Saudi Arabia’s efforts to mediate a peaceful resolution to the Russia-Ukraine conflict. The acknowledgment comes after Saudi Arabia hosted a two-day meeting in Jeddah, where officials from 40 countries, including major players like the US, China, and India, gathered to discuss a potential end to the ongoing conflict between Russia and Ukraine. Key …

Introduction: Former Pakistani Prime Minister and PTI chief, Imran Khan, has been arrested and sentenced to three years in jail by a trial court in the Toshakhana case. The court found him guilty of corrupt practices and making an incorrect declaration before the Election Commission of Pakistan. Arrest and Verdict: Shortly after the trial court’s verdict, Imran Khan was arrested, …

Introduction: Pakistani Prime Minister Shehbaz Sharif engages in consultations with leaders of allied parties on the name of the caretaker prime minister and the dissolution of the National Assembly. As the government nears the end of its constitutional term, these discussions are crucial in preparing for the upcoming elections. Consultation with Allied Parties: Prime Minister Shehbaz Sharif holds a meeting …

Introduction: Prime Minister Shehbaz Sharif’s recent statement highlights Pakistan’s willingness to hold talks with India for regional development. In the spirit of peaceful coexistence, the prime minister emphasizes the need for meaningful discussions to address serious issues between the two neighboring countries. Seeking Regional Development through Dialogue: Addressing the inaugural session of the Pakistan Minerals Summit in Islamabad, Prime Minister …

Chinese Vice Prime Minister He Lifeng is set to visit Pakistan on July 30 to join the 10th-anniversary celebrations of the China-Pakistan Economic Corridor (CPEC). The visit highlights the strong and cooperative relationship between China and Pakistan, with the CPEC being a flagship project under the Belt and Road Initiative. As a key member of the Politburo of the Central …