Friday, December 4th, 2020
CPEC sound foundation for modernization of Pakistan’s economy: Moin ul Haque
BEIJING, Dec. 4 /DNA/ – China Pakistan Economic Corridor (CPEC), as one of its most prominent and successful flagship project of the Belt and Road Initiative, had laid a sound foundation for modernization of Pakistan’s economy. This was stated by Pakistan’s ambassador Moin ul Haque while addressing opening ceremony of the 11th International Infrastructure Investment and Construction Forum (IIICF) in Macao, says a report published by China Economic Net (CEN) on Friday. “In the next phase, the convergence of traditional and digital infrastructure would be essential for unleashing the potentialRead More
TI Pakistan, WEF laud NAB’s Anti Corruption efforts
Islamabad, Dec 04, 2020: Justice Javed Iqbal, Chairman NAB chaired a meeting to review overall performance of NAB at NAB headquarters. He said that Transparency International (TI) Pakistan and world Economic Forum have appreciated NAB’s overall performance in eradication of corruption and corrupt practices especially the report of Transparency International Pakistan issued on July 30, 2020 in which Mr. Sohail Muzaffar Chairman Transparency International (TI) Pakistan has stated that NAB under the leadership of Honorable Mr. Justice Javed Iqbal, Chairman NAB, anti-corruption drive has resulted in an excellent impact muchRead More
Virus to hit global GDP by $12 trillion: Mian Zahid
KARACHI – Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said global GDP will take a hit of $12 trillion due to the pandemic during 2020-21. Developed economies will be able to absorb the shock but poor countries are unable to face it as their income has been compromised by the coronavirus, he said. Mian Zahid Hussain said that the response of developed nations to the problem is unsatisfactory whileRead More
UK sets new climate target ahead Of UN Summit
New plan aims for at least 68% reduction in greenhouse gas emissions by the end of the decade, compared to 1990 levels DNA/Staff Report ISLAMABAD: The Prime Minister Boris Johnson has announced a new ambitious target to reduce the UK’s emissions by at least 68% by 2030, compared to 1990 levels. Recognising the urgency to go further to tackle climate change, the UK’s new target to reduce greenhouse gas emissions – our Nationally Determined Contribution (NDC) under the Paris Climate Agreement – is among the highest in the world andRead More
SPI consistently in single digit; sugar price reduced by 7.5 pc
ISLAMABAD : Federal Minister for Planning and Development Asad Umar said on Friday that the Sensitive Price Index (SPI) recorded another decrease of 0.23 per cent this week. In a Twitter message, Asad Umar said that the sugar price reduced sharply by 7.5 per cent this week after a decline of nearly 5 per cent last week. He added that the reduction in the inflation rate has been sustained now for the past several weeks with SPI consistently in single digit. Earlier on Wednesday, Prime Minister Imran Khan had saidRead More
Govt to continue its journey of public service with sincerity: Buzdar
Lahore : Punjab Chief Minister Sardar Usman Buzdar has said that welfare and progress of special people is a top priority of PTI government. In a statement, he said Prime Minister Imran Khan continues his journey of public service with hard work and sincerity. He said that PDM is the enemy of Pakistan’s development and prosperity. He hoped that in 2023 general elections, the people of Pakistan will once again welcome the PTI government.