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Monday, July 1st, 2019

 

Govt paid back $10 bln on debt servicing on loans taken by previous governments: PM

ISLAMABAD (DNA) – Prime Minister Imran Khan has said PTI government has paid back 10 billion dollars on debt servicing on loans taken by the previous governments. In an interview, he said we are focusing on controlling current account deficit and money laundering to relieve pressure from the rupee. He said we inherited record current account deficit of over 19 billion dollars, which increased pressure on rupee. Prime Minister said the previous government took commercial loans of 14 billion dollars on high interest rate. He said Pakistan might have defaultedRead More


Rana Sanaullah’s arrest is desperate attempt at ‘political victimization’, says Bilawal

ISLAMABAD (DNA) – Pakistan Peoples’ Party (PPP) chairman Bilawal Bhutto Zardari on Monday termed the arrest of Pakistan Muslim League-Nawaz (PML-N) Punjab president Rana Sanaullah as ‘desperate attempt at political victimization’. While reacting to his arrest, he tweeted, “Arrest of President Punjab PMLN by Anti-Narcotics force is obviously desperate attempt at political victimization.” Bilawal went on to add that political arrests expose the weakness and desperation of a government. “Sanaullah has been a vociferous critic of PPP in the past & is currently one of the most vocal critics ofRead More


Pakistan starts getting Saudi oil supplies

ISLAMABAD, JUL 01 (DNA) -Pakistan is due to begin receiving oil supplies on deferred payments from the Kingdom of Saudi Arabia at the start of the new fiscal year. Pakistan will start receiving monthly oil supplies worth $ 275 million from Saudi Arabia with effect of July 1, 2019. These supplies will continue over the next three years, with a total value of $ 9.9 billion. In last October, the Kingdom of Saudi Arabia has announced an economic support package for the Islamic Republic of Pakistan, which included $ 3Read More


President Alvi lauds GB govt for plastic free drive in Hunza

GILGIT, JUL 01 (DNA) – The President, Arif Aliv has appreciated the government of Gilgit Baltistan for introducing Plastic Free Campaign in the District Hunza which is the first of its kind initiative in the whole Country. He urged the incoming tourists to respect and show regard to the rule of the land and help the local community in preserving the natural beauty of the area.  Furthermore, the president said that this practice will help to promote environment friendly initiatives in country. He said this on the eve of secondRead More


APNS concerned at non- implementation of PM orders on dues clearance

ISLAMABAD, JULY 01 (DNA) -The All Pakistan Newspapers Society (APNS) has expressed its profound concern that the directive of the Prime Minister for payment of outstanding dues of print media by June 30, 2019, has not yet been implemented, stated a press release of APNS. Sarmad Ali, Secretary General, APNS announced the decisions of the Executive Committee which met at Islamabad chaired by Ms. Rameeza Majid Nizami, Senior Vice President of the Society. He stated that the Executive Committee noted with concern that despite the directives of the Prime Minister,Read More


President Alvi lauds GB govt for plastic free drive in Hunza

GILGIT, JUL 01 (DNA) – The President, Arif Aliv has appreciated the government of Gilgit Baltistan for introducing Plastic Free Campaign in the District Hunza which is the first of its kind initiative in the whole Country. He urged the incoming tourists to respect and show regard to the rule of the land and help the local community in preserving the natural beauty of the area.  Furthermore, the president said that this practice will help to promote environment friendly initiatives in country. He said this on the eve of secondRead More