Federal Finance Minister Muhammad Aurangzeb has expressed optimism that Pakistan is expected to receive $1 billion from the International Monetary Fund (IMF) under the climate fund. To discuss this initiative, an IMF delegation is scheduled to visit Pakistan on February 24. During an informal conversation with journalists in Islamabad, the …
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Aftab Maken The China-Pakistan Economic Corridor (CPEC) began its first phase in Pakistan with the primary objective of improving the country’s infrastructure. Alongside this, it also played a crucial role in addressing Pakistan’s energy shortages. Under CPEC, direct and indirect Chinese investments transformed Pakistan’s energy landscape, turning a deficit into …
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In a meeting of the National Assembly Standing Committee on IT and Telecom, PTA Chairman raised concerns about the government’s lack of investment in the internet sector. He pointed out that while the Pakistan Telecommunication Authority (PTA) has contributed Rs. 1,700 billion to the government over the past six years, …
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Aftab Maken American businessman and head of the delegation, Henry Bajaj, has said that America wants to invest billions of dollars in Pakistan, but the true image of Pakistan has not been shown to the American people. He criticized the Biden administration’s actions over the past four years as inadequate. …
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Aftab Maken Carbon emissions are primarily caused by 43% of fuel consumption and 31% of coal usage, with a significant share coming from motorbikes and rickshaws, which contribute to pollution. During a meeting of the Senate Standing Committee on Climate Change, officials from the Ministry of Energy further informed that …
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Aftab Maken The Senate Standing Committee on Finance has voiced strong disapproval of the Federal Board of Revenue’s (FBR) decision to purchase over 1,000 vehicles worth billions of rupees. During a meeting chaired by Senator Saleem Mandviwalla, the committee criticized the procurement and recommended halting it immediately. The controversy began …
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Aftab Maken Minister of State for IT and Telecom, Shaza Fatima, has revealed the resistance faced in digitizing government departments, emphasizing that no institution willingly embraces digital transformation. Speaking at a briefing for the National Assembly’s Standing Committee on Information Technology and Telecommunications, she stressed the need to adopt digital …
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ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, has approved comprehensive business plans for Pakistan Broadcasting Corporation (PBC) and Pakistan Television Corporation (PTV). The plans, submitted by the Ministry of Information and Broadcasting, aim to address operational challenges and …
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The Interior Ministry will launch an inquiry into its own officials for pursuing unnecessary litigation against Chinese tech giant M/s Huawei, withholding $6.17 million (Rs 1.72 billion) owed under the Safe City Project, reliable sources disclosed on Thursday. The Ministry’s decision to file an Intra Court Appeal (ICA) against Huawei …
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In a historic move, the government has reduced the electricity tariff for electric vehicle (EV) charging stations from Rs 71 to 39.70 per unit, marking a 44% reduction. This groundbreaking initiative, spearheaded by the Power Division under the National Energy Conservation Authority (NEECA), has also introduced new regulations for establishing …
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