ISLAMABAD: Special Assistant to Prime Minister on Health Dr Faisal Sultan announced on Friday that the government is launching an “ambitious campaign” to inoculate 91 million children from the age of nine months to 15 years measles and rubella from November 15. “We are launching an ambitious campaign to vaccinate 91 million children (ages 9 … Read more
LAHORE: Punjab Education Minister Murad Raas on Friday discussed all the World Bank ongoing and future programmes with the global lender’s team. “Met with the World Bank team. Discussed all the programs that are currently going on and the future with them,” tweeted the minister. Met with the @WorldBank team. Discussed all the programs that … Read more
KARACHI: The Pakistan Yarn Merchants Association (PYMA) has demanded the government to reduce the Customs duty on polyester yarn to 7 per cent from the existing 11 per cent to provide relief, which will result in improved overall productivity, a statement said on Thursday. PYMA central chairman Saqib Naseem stressed that the previous governments had … Read more
KARACHI: The foreign exchange reserves of Pakistan have increased $100 million to $24.026 billion by the week ended November 5, 2021, the central bank reported on Thursday. The foreign exchange reserves of the country stood at $23.926 billion by the week ended October 29, 2021. The official foreign exchange reserves of the State Bank of … Read more
KARACHI: The Pakistan equity market witnessed profit-taking on Thursday, amid political uncertainty and continuous rupee depreciation, dealers said. “Pakistan and ITFC [International Islamic Trade Finance Corporation] have signed an agreement of $762 million for the import of crude oil, refined petroleum products, and LNG [liquefied natural gas], which will further fuel the inflation numbers. Cumulatively, the … Read more
ISLAMABAD: The massive rupee devaluation has negatively affected the Pakistan economy and the worst victim is the energy sector, which meets 40 per cent of its demand through imported fuel. “The devaluation of [the] rupee increases the cost of doing business and eventually it discourages investment climate,” Overseas Investors’ Chamber of Commerce and Industry vice … Read more
KARACHI: The sales of locally-assembled cars have surged 75 per cent to 89,891 units during the first four months (July-October) of 2021/22, compared with 51,465 units in the corresponding period of the last fiscal year. According to the data released by the Pakistan Automotive Manufacturers Association (Pama) on Thursday, car sales registered a 49 per … Read more
KARACHI: Pakistani consumer companies listed at the Pakistan Stock Exchange (PSX) recorded an increase of 42 per cent in their profits on a year-on-year basis during the third quarter of 2021, a Topline Securities research report revealed on Thursday. The net revenues of consumer companies increased 40 per cent on a year-on-year basis due to … Read more
KARACHI: Medical experts have reiterated the need to immunize children between nine months and 15 years against measles, mumps and rubella (MMR) as well as polio, says a press release. This was stated at an awareness session organised by the Jinnah Sindh Medical University (JSMU) for caregivers about the current immunization campaign against measles and … Read more
LAHORE: Pakistan Peoples Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) on Thursday lashed out at the Pakistan Tehreek-e-Insaf (PTI) government over a shortage of life-saving drugs in the market. Attacking Prime Minister Imran Khan and Chief Minister Punjab Usman Buzdar, PPP Information Secretary for South Punjab Shahzad Saeed Cheema said that 30 million live-saving tablets … Read more
ISLAMABAD: Prime Minister Imran Khan said on Thursday that Pakistan has assured Afghanistan’s acting Foreign Minister Amir Khan Muttaqi that Islamabad “will provide all possible humanitarian aid” to its neighbour. “Pakistan has always stood with the Afghan people in their hour of need. We have assured Afghan acting Foreign Minister Amir Khan Muttaqi and his … Read more
LAHORE: Hina Parvez Butt is a close aide of PML-N leader Maryam Nawaz and a lawmaker in the Punjab Assembly. Here she talks to Bol News about Punjab’s political situation, PML-N’s internal dynamics as well as the PTI government’s performance in the province. Who will be the next prime minister of Pakistan? Mian Muhammad Nawaz … Read more
KARACHI: The Sindh High Court (SHC) on Monday directed the builder of Makkah Terrace, located in the Saddar neighbourhood of Karachi, to remove the structure of the building raised on ‘compulsory open space’ within three weeks. A two-member bench headed by Justice Zafar Ahmed Rajput also ordered the builder to ensure that the destruction does … Read more
KARACHI: The Sindh High Court on Wednesday directed the Anti-Corruption Establishment (ACE) of the province to complete its inquiry in the tractor subsidy scheme within 30 days. SHC issued the orders while disposing of a petition of the owner of Shahzad Trade Links, an importer of agriculture tractors. It issued the directors after ACE Sindh … Read more
KARACHI: The Sindh High Court (SHC) on Wednesday directed the provincial government to establish a welfare fund for civil servants of the province within three months. The court also ordered the Murad Ali Shah-led government to arrange insurance for the provincial civil servants under sections 3 and 6 of “The Sindh Civil Servants Welfare Ordinance … Read more
Chief of the Army Staff (COAS) General Qamar Javed Bajwa assured the European Union (EU) envoy to Pakistan that Islamabad “values its relations” with the countries in the regional bloc, said the military’s media wing in a statement. The Inter Services Public Relations (ISPR) said that EU Ambassador to Pakistan Androulla Kaminara called on COAS … Read more
Military officials deployed at the Line of Control (LoC) on Tuesday briefed the Organisation of Islamic Cooperation’s (OIC) Special Envoy for Jammu and Kashmir, Yousef Aldobeay on the latest security situation at the flashpoint, said the Inter Services Public Relations (ISPR). The military’s media wing shared that Ambassador Aldobeay and OIC Assistant Secretary General Tariq … Read more
ISLAMABAD: The Ministry of Economic Affairs and the International Islamic Trade Finance Corporation (ITFC) have signed a financing agreement worth $761.5 million to import crude oil, refined petroleum products and liquefied natural gas (LNG). EAD secretary Mian Asad Hayaud Din and ITFC CEO Hani Salem Sonbol signed the financing agreement. The facility has been made … Read more
KAEACHI: The franchises of the Sri Lanka Premier League confirmed the make-up of their squads for the Lanka Premier League 2021 in the players draft held on Tuesday. Each of the five franchises which include Colombo Stars, Dambulla Giants, Galle Gladiators, Jaffna Kings and Kandy Warriors have packed their teams with a host of explosive … Read more
ISLAMABAD: The Supreme Court (SC) on Wednesday expressed annoyance at the Punjab government over the delay in the implementation of its order for the restoration of the local government (LG) institutions. Supreme Court’s three-member bench, headed by Chief Justice of Pakistan (CJP) Justice Gulzar Ahmed, heard the case against the delay in the restoration of … Read more
KARACHI: Experts in the field of reproductive health warned at a seminar on Wednesday that lack of family planning and contraceptive awareness in Pakistan is leading the country towards a population emergency. This was stated at the event titled ‘Road Map to Family Planning 2030’. Leading obstetricians and gynaecologists, policymakers, and members of academia attended … Read more
ISLAMABAD: A Senate committee has suggested the government to increase wheat support price by Rs500 to Rs18,500/40kg from the existing level of Rs1,800. In this regard, a meeting of the Senate Standing Committee on National Food Security and Research was held on Wednesday at the Parliament House, chaired by committee chairman Senator Syed Muzaffar Hussain … Read more
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has directed all the provinces to flood the markets with imported sugar to bring down the prices. Presiding over the meeting of the National Price Monitoring Committee (NPMC), the adviser commended the efforts of the representatives of the Punjab government and the Islamabad … Read more
LAHORE: The government should incorporate evidence-based and inclusive fiscal-monetary policy to achieve the sustainable development goals target. “The government departments dealing with [the] monetary and fiscal sides of [the] economy should incorporate better coordination mechanisms. This can be carried out by inclusion of social implications in the monetary policy decision making by the State Bank … Read more
LAHORE: Pakistan Muslim League-Nawaz (PML-N) on Wednesday unveiled Rana Muhammad Saleem as its contestant for the PP-206 Khanewal IV by-poll. The party ticket was awarded by Senior PML-N Leader Rana Sanaullah. The PP-206 seat fell vacant after the death of MPA Nishat Khan Daha, who breathed last on October 23. The Election Commission of Pakistan … Read more
KARACHI: Digital transformation of the global Islamic financial services has become a necessity for its growth, an official said on Wednesday. Speaking at the 15th Islamic Finance Services Board (IFSB) Summit 2021, hosted by the Saudi Central Bank in Jeddah, State Bank of Pakistan Governor Dr Reza Baqir said that the focus on innovative ways … Read more
KARACHI: Pakistan bourse rebounded on Wednesday, as Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin dispelled the impression that the government-International Monetary Fund (IMF) deal is intact and the negotiations are at an advanced stage, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the stocks recovered on the adviser’s affirmation … Read more
