One window operation facility for Chinese investors to be implemented: PM

Chinese
  • He said two countries were entering into new era.
  • PM said two friendly countries had celebrated decade of CPEC.
  • He said now we are entering into second phase of CPEC.

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif assured the Chinese investors to further simplify the procedures for the companies working in Pakistan, especially under the umbrella of China Pakistan Economic Corridor (CPEC), and implement them in letter and spirit.

He said under the CPEC, the two countries were entering into a new era of cooperation, therefore the government was further streamlining and simplifying the procedures to facilitate the Chinese companies and investors working in the country.

PM Shehbaz assured the Chinese investors that the difficult time for them was now over as “We are going to do this under one umbrella as a one window operation and this I mean in letter and spirit…not just words but true implementation”.

Addressing an award ceremony here, Shehbaz Sharif said that the Chinese government and companies had contributed towards Pakistan’s industrial promotion in various areas and their contribution had not only led to creating job opportunities and industrial production but also further strengthened the bilateral economic ties.

Earlier the prime minister gave awards to top-performing Chinese companies working especially in projects under CPEC in Pakistan.

He said recently the two friendly countries had celebrated a decade of CPEC under Belt and Road Initiatives (BRI). He said China had so far invested a valuable $30 billion under CPEC which had really transformed the economic landscape in Pakistan.

“Now we are entering into the second phase of CPEC in which multiple new areas are being incorporated including the green corridor, Information Technology, and Special Economic Zones.

He said the Pakistan government had launched a great initiative “Special Investment Facilitation Council (SIFC)”, which would consist of all main stakeholders including the federal government, all provincial governments, and institutions, particularly Pakistan Army led by General Syed Asim Munir.

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SIFC approves projects for attracting investments

investments
  • The meeting was chaired by Prime Minister Shehbaz Sharif.
  • He appreciated expeditious operationalization of SIFC.
  •  SIFC approved attracting investments from friendly countries.

ISLAMABAD: The third meeting of the Apex Committee of Special Investment Facilitation Council (SIFC) was held here to continue the positive momentum to attract investment in various sectors of economy.

The meeting was chaired by Prime Minister Muhammad Shehbaz Sharif and attended by Chief of Army Staff, chief ministers, federal and provincial ministers, and high-level government officials.

The prime minister appreciated the expeditious operationalization of SIFC in a short span and its efficient functioning through a collaborative approach.

The Apex Committee appreciated the global impact of the ongoing outreach strategy through seminars and project inaugurations; which would be augmented by the SIFC’s website, being launched shortly.

It gave final approval of the projects, presented by the ministries, for attracting investments from friendly countries, under the umbrella of SIFC, in key sectors of agriculture, livestock, mining, minerals, information technology and energy.

The Apex Committee showed all-out support for successful conduct of the upcoming visit of a high-level delegation from the Kingdom of Saudi Arabia to Pakistan through the SIFC platform. The prime minister directed to make this inaugural visit a momentous event.

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Approval of 7th digital census to fortify federation: PM

federation:
  • He said it is a great day for strengthening Federation.
  • He said PDM Govt’s approach of dealing with national issues.
  • PM said the entire census process was organized.

ISLAMABAD: Prime Minister Shehbaz Sharif said the announcement of the seventh digital census with the unanimous approval of the Council of Common Interests (CCI) would strengthen the federation of Pakistan.

In twitter message, Shehbaz Sharif said, “It is a great day for strengthening the Federation of Pakistan. The Council of Common Interests has unanimously approved the seventh digital census.

The meeting was also attended by representatives of political parties who joined it on a special invitation. The idea was to make informed and thorough deliberations in line with the PDM government’s approach of dealing with national issues through consensus.

“The entire census process was organized under the supervision of a census advisory committee that had representation of all stakeholders including provincial governments & renowned statisticians. NADRA, National Telecom Corporation & SUPARCO provided logistical support for the process to be carried out in the most transparent, credible & efficient of ways. This was Pakistan’s first digital census,” he added.

He said, “My special thanks are due to all the relevant federal ministries, provincial CMs & their governments, NADRA, SUPARCO, NTC, the armed forces, police, and above all our teachers who took part in this gigantic exercise. They rendered tremendous national service.”

Earlier, Prime Minister Shehbaz Sharif chaired the 50th meeting of the CCI in which the approval was given after detailed consultation and decision-making.

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CCI unanimously approves new digital census

digital
  • CCI meeting was held at Prime Minister’s House.
  • Matters related to new census were discussed in meeting.
  • The population of Pakistan has reached 241 million.

ISLAMABAD: The Council of Common Interests (CCI) meeting chaired by Prime Minister Shehbaz Sharif unanimously approved the new digital census.

The meeting of the Council of Common Interests held at the Prime Minister’s House was attended by the four provincial chief ministers, federal ministers, and officials of other relevant departments including the Statistical Institute. Matters related to the new census were discussed in the meeting.

According to the sources, the Ministry of Planning and Development gave a briefing on the digital census and presented the results of the digital census.

The meeting was told that the population of Pakistan has reached 241 million.
The council then unanimously approved the census.

In this regard, Federal Law Minister Azam Nazir Tarar said that all 8 members of the Council of Common Interests unanimously approved the census.
He said that the work of constituencies has to be done in 120 days. The share of seats of all provinces in the National Assembly will remain the same.

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Pakistan to continue moral, diplomatic support to Kashmiris: PM

Kashmiris
  • He said recent steps by India indicate its nefarious designs.
  • PM said international community can no longer remain silent.
  • He said people of South Asia desire peace and stability.

ISLAMABAD: Prime Minister Shehbaz Sharif said Pakistan will continue to lend its unstinted moral, political and diplomatic support to the rightful and just cause of the freedom struggle of the Kashmiri people.

In a message on the Youm-e-Istehsal to be observed on August 5, 2023, he said, “It is Pakistan’s abiding commitment and promise to our Kashmiri brothers and sisters that we will echo their voices, at every forum until the world takes action and urges India to end its egregious human rights violations and forcible occupation of IIOJK, undo all unilateral and illegal measures it has taken since 5 August 2019, and take necessary steps to carry out a fair and impartial plebiscite in accordance with the United Nations Security Council resolutions.”

“It has been four years since India unilaterally and illegally revoked the special status of Indian Illegally Occupied Jammu & Kashmir (IIOJK) on 5 August 2019. Since then, India has resorted to use of brutal force and violence to suppress the Kashmiri people. It has also undertaken a series of measures clearly aimed at altering the internationally recognized disputed status of IIOJK. In particular, India has tried to bring about demographic changes to undermine the right to self-determination of the Kashmiris.”

“The recent steps by India indicate its nefarious designs to disenfranchise the Muslim majority population of Kashmir. To this end, it has carried out a selective delimitation of electoral constituencies, issued fake domiciles to millions of non-Kashmiris, and added hundreds of thousands of temporary residents to alter the existing voter rolls. These are part of a well thought-out strategy to change Kashmir’s demography and political landscape. Pakistan outrightly rejects all such unilateral and illegal steps,” he added.

The prime minister said, “The barbaric and brutal occupation of IIOJK by India not only violates international law, but also makes a mockery of the globally accepted norms of fundamental rights and freedoms. The international community can no longer remain silent while India continues to perpetrate its oppression in Kashmir.”

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Nation to never forget sacrifices of its martyrs: PM

martyrs
  • Prime Minister in a message on Police Martyrs’ Day.
  • He said whole nation paid tribute to their dutiful countrymen.
  • He said police left no stone unturned to thwart nefarious designs.

ISLAMABAD: Prime Minister Shehbaz Sharif said the Pakistani nation would never forget the sacrifices of its martyrs.

The prime minister, in a message on Police Martyrs’ Day, observed, said the whole nation paid tribute to their dutiful countrymen who rendered sacrifices to protect lives and properties of citizens.

He said just like the Armed Forces, the police personnel also left no stone unturned to thwart the nefarious designs of the enemies.

“On this day, we salute all of our sons and daughters and their respective families for their services to the country,” the prime minister remarked.

Earlier, Advisor to Prime Minister on Kashmir Affairs and Gilgit Baltistan Qamar Zaman Kaira called on Prime Minister Shehbaz Sharif here.

He briefed the prime minister about the planned activities for Yaum-e-Istehsal-e-Kashmir to be observed on August 5, including seminars and awareness drives, particularly the ceremonies scheduled to be held at Pakistan’s diplomatic missions across the world.

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Global action must to save faultless countries like Pakistan: PM

faultless
  • PM addressing a seminar on climate change.
  • He urged international community to stand for future.
  • He said Pakistan facing impacts of climate change.

ISLAMABAD: Prime Minister Shehbaz Sharif called for timely decisions and actions, warning that climate disasters could also hit other countries like Pakistan with even no contribution to the emissions.

The prime minister, addressing a seminar on climate change, urged the international community to stand for the future and work hard as the calamities like flash floods in Pakistan could hit any other country too.

He said Pakistan was among ten countries facing the impacts of climate change despite having no fault.

“We need to stand for our future. We need to work hard. Let us accept the challenge, work out a plan, and not waste time to save generations,” the prime minister remarked.

He said it had been a year since the most devastating floods in history put one-third of Pakistan under water and caused large-scale destruction of infrastructure including millions of acres of standing crops and houses.

He said it was the worst flood he had seen in his entire life as Sindh looked like River Indus flowing all around.

He said despite the government having spent billions of rupees, the challenge was not yet over.

He thanked the friendly countries and donors for timely rescue and questioned what would be the consequences if the country was hit again bu a similar disaster.

He urged the international community to ponder over the situation and suggest solutions as the countries like Pakistan could not afford the debt burden.

He said Pakistan was still dealing with the IMF program with a huge gap between its exports and imports.

On the very issue, the prime minister wrote on a social media platform that the floods had inflicted an overall loss of $30 billion on Pakistan’s economy.

He said Pakistan used the unprecedented floods to warn the world of impending disasters induced by climate change.

Prime Minister Shehbaz said under the 4RF framework, Pakistan had been working on recovery, rehabilitation and rebuilding of the flood-affected regions.

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World Junior Squash Champion Hamza Khan Meets Pakistan’s PM

Squash Champion Hamza Khan

PM awards a cash prize of Rs10 million to Hamza for his victory. Hamza expresses gratitude for the support from Pakistan Squash Federation. He won the World Junior Squash Championship in Melbourne, Australia. Pakistan’s Prime Minister, Shehbaz Sharif, welcomed Hamza Khan, the winner of the World Junior Squash Championship, and his parents at the Prime … Read more

Shehbaz Sharif to inaugurate Barakahu bypass in Islamabad today

Shehbaz

Prime Minister Muhammad Shehbaz Sharif will inaugurate Barakahu bypass and lay foundation stone of Sarena Chowk underpass project in Islamabad on Thursday (today), Bol News reported. He will also address ceremonies on the occasion. Besides, the prime minister will also inaugurate Digital Youth Hub in Islamabad the same day. The project will ensure provision of … Read more

PPP rejects PM’s statement on new census

census
  • Hassan Murtaza said it seems PM wants to delay elections.
  • He said PPP will not be part of extra-constitutional decisions.
  • He said increase in prices of petroleum products is regrettable.

LAHORE: Pakistan People’s Party (PPP) has rejected Prime Minister Shehbaz Sharif’s statement on the new census and termed the statement poor political understanding.

General Secretary PPP Punjab Hassan Murtaza has said while talking to the media that the Prime Minister’s statement on the general elections related to the new census reflects his mental innovation and poor political understanding.

He said it seems that the Prime Minister wants to delay the holding of the general elections.

The central leader of PPP Punjab said that using delay tactics in the elections is a manifestation of the political thinking of Pakistan Muslim League-Nawaz(PML-N).

Hassan Murtaza said that PPP demand is to pave the way for transparent elections immediately. He said PPP will not be a part of extra-constitutional decisions.

Hassan Murtaza said that the recent increase in the prices of petroleum products and electricity is regrettable.

Earlier, the Central leader of the Pakistan Peoples Party (PPP) Faisal Karim Kundi had said that the government will have to amend Article 51-3. He questioned that do they have a two-thirds majority to change the constitution.

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Former president Asif Zardari likely to return on Aug 4

Zardari
  • Ex-president Asif Zardari will return home on August 4.
  • Asif Zardari is abroad on two-week private visit.
  • Asif Zardari will start political activities on his return home.

KARACHI: Former President and Co-chairman of Pakistan People’s Party (PPP) has decided to return Pakistan after a long foreign visit.

Sources said that former president Asif Zardari will return home on August 4.

Asif Zardari is abroad on a two-week private visit. On July 21, Asif Zardari left Karachi for Dubai from where he had gone to Europe.

Sources say that former President Asif Ali Zardari is in Europe and he will start political activities on his return home.

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Key meeting to be held tomorrow to decide on Pakistan’s participation in World Cup 2023

Key meeting to be held tomorrow to decide on Pakistan's participation in World Cup 2023

A meeting will be held tomorrow to discuss Pakistan’s participation in the upcoming World Cup. The committee will thoroughly assess the situation before making a decision. The PCB formally approached the Prime Minister. The 14-member committee led by Bilawal Bhutto is scheduled to hold its first meeting tomorrow to discuss Pakistan’s participation in the upcoming … Read more

Prime Minister Shehbaz Sharif to inaugurate new synthetic turf at National Hockey Stadium

Prime Minister Shehbaz Sharif to inaugurate new synthetic turf at National Hockey Stadium

Prime Minister Shehbaz Sharif will inaugurate new synthetic turf at National Hockey Stadium. The event will also be attended by former hockey players. The new synthetic turf is expected to enhance the stadium’s reputation. Prime Minister Shehbaz Sharif is set to inaugurate the newly installed synthetic turf at the historic National Hockey Stadium in Lahore … Read more

SIFC to ensure execution of foreign investment projects: PM

foreign
  • Prime Minister said during meeting with Saudi delegation.
  • He said Pakistan was thankful to Saudi government.
  • Saudi Minister said establishment of SIFC was positive message.

ISLAMABAD: Prime Minister Shehbaz Sharif  said that the Special Investment Facilitation Council (SIFC) would ensure the immediate and uninterrupted completion of the projects of foreign investment in Pakistan.

The prime minister, in a meeting with a Saudi delegation led by Saudi Deputy Minister for Mining, Industries and Minerals Khaled bin Saleh Al-Mudaifer, said there existed immense investment opportunities in Pakistan, particularly in the mining sector.

Welcoming the delegation, the prime minister said Pakistan was thankful to the Saudi government and people for supporting Pakistan in every need of the hour.

“Pakistan is your second home. The brotherly relations between Pakistan and Saudi Arabia were of special significance. The whole Pakistani nation was grateful to Saudi King Salman and Crown Prince Mohammed bin Salman for supporting Pakistan in every difficult time,” he remarked.

The prime minister assured the delegation that not only the interim government but also the next elected government would keep on facilitating the investors.

He said the solar power project of 10,000 megawatts announced by the government was also a good opportunity for investment.

The Saudi minister said that the establishment of SIFC was a positive message to foreign investors in Pakistan. Saudi Arabia was keen to invest in the vast opportunities of investment in the mining sector of Pakistan, he added.

The Saudi minister appreciated the prime minister for the pro-investor measures particularly the establishment of the SIFC as it would lead to economic development.

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CCI is likely to be convened to approve results of Census

CCI
  • Statistics Department has been directed to approach CCI.
  • Elections are also likely to be delayed if CCI approves results.
  • PM said upcoming polls would be held based on digital census.

KARACHI: A meeting of the Council of Common Interests (CCI) is likely to be convened to approve the results of Census 2023.

According to the report, the statistics department has been directed to approach the CCI for approval of the 2023 census results.

Elections are also likely to be delayed if the council approves the census results.

Officials concerned say that the digital census 2023 has been completed, after approval by the council, the results will be published as per the constitution. The next general elections will be held on the basis of the latest census.

According to CCI sources, the meeting is likely to be convened on August 2.

Earlier, Prime Minister Shehbaz Sharif said that the upcoming general election would be held in the country based on the new digital census and at the same time dismissed suggestions that it would lead to a delay in the polls.

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Shehbaz Sharif’s committee to discuss Pakistan’s World Cup travel to India

Shehbaz Sharif

A committee has been formed by PM Shehbaz Sharif. Committee will discuss Pakistan’s involvement in the World Cup. Committee will make recommendations to the PM. A committee, formed by Prime Minister Shehbaz Sharif, is scheduled to hold its inaugural meeting this Thursday to address matters related to Pakistan’s participation in the World Cup in India. … Read more

PM pays tribute to Fatima Jinnah on her 130th birthday

Jinnah
  • Prime Minister said Fatma Jinnah faced dictatorship.
  • He said Fatima Jinnah was like mother Pakistani nation.
  • Mohtarma Fatima Jinnah was a source of encouragement.

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif paid tribute to Madr-e-Millat Mohtarma Fatma Jinnah on her 130th birthday being celebrated.

The prime minister said she faced the dictatorship and played a historic role for the people, democracy and the motherland.

The prime minister said that Mohtarma Fatima Jinnah  was like a mother the Pakistani nation and was a great benefactor.

She was a great sister of a great brother Quaid-e-Azam Muhammad Ali Jinnah.

Mohtarma Fatima Jinnah was a source of encouragement and courage to the Founder of Nation, he added.

The prime minister further observed that she also played matchless role during the Pakistan Movement and the for the country and offered sacrifices, adding her personality has been a beacon of light for today’s girls and women.

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Over $25 bn investment made in Pakistan under CPEC: Shehbaz Sharif

Over $25 bn investment made in Pakistan under CPEC: Shehbaz Sharif

Prime Minister Shehbaz Sharif on Monday said the documents signed on Monday were aimed at further enhancing economic relations between Pakistan and China. The Prime Minister said under the CPEC, more than twenty-five billion dollars’ worth of investment has taken place in Pakistan’s power and hydel sector, road infrastructure and public transport. He said we … Read more

PM to inaugurate multiple development projects in Lahore today

National Assembly to be dissolved before August 12: PM Shehbaz

PM will also address the event. Pakistan Television will telecast the event live. On July 25, PM laid foundation stone of eight mega projects. Prime Minister Shehbaz Sharif will inaugurate and lay foundation stone of multiple development projects in Lahore today. Among the projects include Medical City, National Health Support Program and Population Welfare Program. … Read more

PM deeply grieved over death toll in Babusar Top accident

PM
  • Prime Minister prayed for departed souls.
  • He also prayed for  early recovery of the injured.
  • Eight people lost their lives and several others injured.

LAHORE: Prime Minister Muhammad Shehbaz Sharif expressed his deep grief and sorrow over the death of eight persons in Babusar Top accident.

The prime minister prayed for the departed souls and for the bereaved families to bear the loss with fortitude.

He also prayed for the early recovery of the injured.

The PM directed the relevant authorities to provide the best medical treatment to the injured.

According to local authorities, eight people lost their lives and nine others sustained injuries after a tourist van plunged into a ravine at Getti Das, near the scenic Babusar Top on Friday.

Earlier, Special Assistant to Prime Minister Malik Abdul Ghaffar Dogar called on Prime Minister Muhammad Shehbaz Sharif.

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PM offers condolences to UAE President over death of brother

UAE
  • PM was accompanied by Federal Ministers.
  • The PM conveyed the profound sympathies.
  • Pakistan and UAE are bound by close fraternal ties.

ABU DHABI: Prime Minister Muhammad Shehbaz Sharif offered condolences to United Arab Emirates (UAE) President Sheikh Mohamed Bin Zayed Al Nahyan on the sad demise of his brother Sheikh Saeed bin Zayed Al-Nahyan, in Abu Dhabi.

The prime minister was accompanied by Federal Minister for Finance Muhammad Ishaq Dar, Special Assistant to Prime Minister Tariq Fatemi and Ambassador of Pakistan to UAE Faisal Niaz Tirmizi.

The PM conveyed the profound sympathies and condolences of the leadership, Government and people of Pakistan to the president of UAE on his brother’s demise, which was received with great warmth by Shiekh Mohamed Bin Zayed Al-Nahyan.

Pakistan and the UAE are bound by close fraternal ties. Sheikh Saeed bin Zayed Al Nahyan was a sincere friend of Pakistan. His invaluable contributions will be long remembered by the government and the people of Pakistan.

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PM reviews ongoing rebuilding, rehabilitation of flood hit areas

Over $25 bn investment made in Pakistan under CPEC: Shehbaz Sharif

PM emphasized the coalition government’s unwavering commitment to implementing the 4RF Framework. He also extended his appreciation to the United Nations Development Programme. Expressed gratitude to all international development donors, partners, and friendly countries. Prime Minister Shehbaz Sharif led the third meeting of the International Partners Support Group, evaluating the progress of rehabilitation and reconstruction … Read more

No power tariff increase for energy consumers up to 200 units: PM

power tariff

PM expressed his satisfaction with the strong ties between Pakistan and Azerbaijan. PM witnessed the signing of a framework agreement between SOCAR and PLL. Ambassador of Azerbaijan shared coming to Pakistan to share their knowledge and experience. Prime Minister Shehbaz Sharif announced that there would be no increase in power tariff for 63% of domestic … Read more

Pakistan has all ingredients to tap IT exports worth $25 bln: PM

IT exports
  • He said investment in IT sector can fetch quick rewards.
  • PM said economic revival plan will be implemented.
  •  He said IT industry will have all facilitation.

ISLAMABAD: Prime Minister Shehbaz Sharif said that Pakistan had all the ingredients to increase its Information Technology (IT) exports to the tune of $25 billion in two to three years.

“Investment in the IT sector can fetch quick rewards and dividends and go a long way in addressing our unemployment problem,” he said on his tweet handle account.

The PM, who a day earlier attended the national seminar on untapping the IT potential of Pakistan, said the event held under the banner of the Special Investment Facilitation Council (SIFC) was a reflection of our collective resolve to make Pakistan an IT hub.

“The seminar, attended by all stakeholders from the public & private sectors, laid the groundwork for an IT revolution that the country so desperately needs,” he said.

He said, “The SIFC, which represents the whole-of-the-government approach, will ensure the provision of policy continuity and predictability in the IT, agriculture, mines and minerals, and defense production sectors.”

“Governments may come and go but the economic revival plan will be implemented with the same energy and passion,” he said.

“The IT industry will have all the facilitation, and it needs to grow under a one-window arrangement.”

“It is now on the industry leaders to access the most of the opportunity. I have my full faith in their ability,” he added.

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No official announcement regarding participating departmental cricket teams yet

No official announcement regarding participating departmental cricket teams yet

The official announcement of participating departmental cricket teams is pending. Verbal agreements with players and departments have been made. Seven departmental teams have already confirmed their participation in the Quaid-e-Azam Trophy. With the domestic cricket season set to start in about a month, there has been no official announcement of the participating departmental teams so … Read more

High-Profile Committee Approves Changes in Pakistan Hockey Federation

Pakistan Hockey Federation

Approved changes entail replacing the current setup with new individuals. Coordination with Defence Minister Khawaja Mohammad Asif during the meeting. Committee endorses holding free and fair PHF elections under an interim setup. The high-profile Pakistan Hockey Federation’s (PHF) Committee, led by Prime Minister Shehbaz Sharif, has approved all the recommendations put forth by the Performance … Read more

PM expresses sorrow over loss of 12 lives in Rawalpindi

PM
  • PM prayed to Allah Almighty to rest departed souls in peace.
  • He directed local administration to remain on high alert.
  • He said youth always excelled whenever given opportunities.

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif expressed deep sorrow and grief over the loss of 12 lives due to heavy rain near Golra Mor, Peshawar Road here.

The prime minister prayed to Allah Almighty to rest the departed souls in eternal peace and grant courage to the bereaved families to bear this loss with fortitude.

He directed the local administration to remain on high alert due to heavy rains in the twin cities of Rawalpindi and Islamabad.

Earlier,  Prime Minister Muhammad Shehbaz Sharif said the country’s youth always proved their mettle at the international level whenever provided the right opportunities.

In a tweet, he mentioned his yesterday’s launch of a youth sports initiative programme aimed at converging the energies of youth towards a positive direction.

PM Sharif expressed confidence that youth would excel under the patronage of the Prime Minister’s Youth Sports Initiative.

He pointed out the shortage of facilities for sportsmen in the country to compete in the games at the international level. The programme would promote sports across the country through the training of talented youth, he added.

The prime minister hoped that future governments would ensure the continuity of the programme in best interest of the youth.

Shehbaz Sharif a day earlier launched multiple initiatives for promoting sports culture and welfare of the sports persons including the Rs 5 billion Pakistan Sports Endowment Fund with seed money of Rs 5 billion.

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Shehbaz Sharif launches PM’s Youth Sports Initiative

PM Shehbaz
  • PM also launched Pakistan Sports Endowment Fund.
  • He performed soft launch of first dedicated Sports University.
  • He said Pakistan youth was not less talented then the world.

ISLAMABAD: Prime Minister Shehbaz Sharif launched multiple initiatives here for promoting sports culture and welfare of the sports persons including the Rs 5 billion Pakistan Sports Endowment Fund.

In a ceremony held here, he launched Pakistan Sports Endowment Fund with initial seed money of Rs 5 billion to provide financial assistance and other facilities to the emerging players and retired sportspersons of the country.

The prime minister also performed soft launch of the first dedicated Sports University in the country to produce critical pool required for sports events such as planners, managers, technical staff, nutritionists, physiotherapists and others.

Similarly, PM Shehbaz launched the Prime Minister Youth Sports Initiative to develop sports across the country and to provide world class sports facilities to the youth.

He also launched the Elite Sportspersons Development Programme and  E-Sports development programme.

Addressing on the occasion, Shehbaz Sharif said Pakistan’s highly talented sportspersons deserved appreciation from the nation as despite limited resources, they promoted the positive image of the country across the world.

He said out of Rs 5 billion allocated for Pakistan Sports Endowment Fund, a direct investment of Rs 2.5 billion would be made to meet various expenses of the players including tickets, logistics, hotel and other expenses.

He, however said this amount needed to be increased as it was not sufficient to meet the full requirements of the sportspersons.

The prime minister said Pakistan youth was not less talented then the world as if they were fully capable of competing the world.

He said if they were given opportunities, they could lead the world in the area of sports.

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