Sunday, April 7th, 2019
World Bank projects Pakistan’s GDP to decelerate to 2.7 percent in FY2019-20
The GDP growth in Pakistan is predicted to go down by 3.4 percent in the fiscal year 2019 and would lose pace further the following year by 2.7 percent owing to the constriction of fiscal and monetary policies to attend to macroeconomic imbalances, reported the World Bank. The World Bank in the latest edition of South Asia Economic Focus, Exports Wanted, cited macroeconomic imbalances while also holding the slowdown in the country’s GDP growth to majorly fiscal and current account deficits. The report by the global financial institute states: “InRead More
Fawad says Pakistan, Saudi Arabia making joint efforts to portray soft image of Islam
ISLAMABAD, (DNA) – Information Minister Fawad Chaudhry said said Pakistan and Saudi Arabia are making joint efforts to portray the true soft image of Islam. In an interview, he said Saudi Arabia is playing an important role for the integrity of Muslim Ummah, safeguarding it from prevailing threats. The minister said Riyadh maintained strong defence and security ties with different countries in the region and beyond which help promote unity among the Muslim Ummah. He said Islamabad enjoys warm cordial relations with Riyadh and Crown Prince Muhammad bin Salman playedRead More
Arab Conference at Harvard sheds light on refugees, art and influence in the Middle East
CAMBRIDGE, (DNA) – : The venue could not have been more “Ivy League” America, but the topics under discussion, and the thought leaders discussing them, could not have been more Arab. The Arab Conference at Harvard, the largest Arab conference in North America, hosted by one of the most prestigious academic institutions in the world, began on Friday. “This conference is actually very timely,” Amin Awad, director of the Middle East and North Africa bureau at the office of the UN High Commissioner for Refugees (UNHCR), told. “It’s very important,Read More
CM Usman Buzdar’s powers seized by center: MPA Hassan Murtaza
LAHORE (DNA) – Pakistan Peoples Party (PPP) Member of Provincial Assembly (MPA) of Punjab Syed Hassan Murtaza has claimed that Punjab Chief Minister (CM) Usman Buzdar “is powerless” in terms of exercising his authority over provincial and administrative matters. He said, “Facilitators of Imran Khan have seized the CM, and the center has took control over financial resources of the province.” He claimed that CM Buzdar could not even roam freely.
India likely to launch attacks against Pakistan between April 16-20: FM
ISLAMABAD: (DNA) – Foreign Minister Shah Mahmood Qureshi on Sunday revealed that India is planning to launch yet another attack inside Pakistan between April 16 and 20. Speaking at a press conference, he said Islamabad has informed members of United Nations’ Security Council (UNSC) of its concern regarding Indian aggression .
Drama staged against Hamza Shahbaz for arrest: Asif Zardari
NAWABSHAH (DNA) – Former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari said a drama was staged against Leader of the Opposition in Punjab Assembly Hamza Shahbaz for his arrest. While addressing party workers in Nawabshah, Asif Zardari advised the Pakistan Muslim League-Nawaz (PML-N) leader to handle the matter with patience. The PPP co-chairman bashed Pakistan Tehreek-e-Insaf (PTI) and said it can only take loans, not run government. The economy is going down and there is no money in the banks, he continued, the dollar price has surgedRead More