Monday, February 14th, 2022
PM Imran says has ‘full faith’ in PML-Q, attempts to woo Chaudhry Shujaat reflect opposition’s fear
ISLAMABAD: Prime Minister Imran Khan on Monday said that he has “full faith” in his government’s key ally PML-Q as he termed the opposition alliance’s recent attempts to woo veteran politician Chaudhry Shujaat Hussain a sign of their fears. The prime minister’s comments came a day after PML-N President Shehbaz Sharif approached the PML-Q leader for the first time in 14 years to explain that the nine-party opposition alliance Pakistan Democratic Movement — with the PML-N and Jamiat Ulema-i-Islam-Fazl leading from the front — had made a “firm decision” to move a no-trustRead More
IMF wants govt to pass new law on state firms’ management
ISLAMABAD: Highlighting contingent liabilities of the state-owned enterprises (SOEs) at almost eight per cent of GDP — or about Rs5 trillion — as a major fiscal risk, the International Monetary Fund (IMF) has linked the continuation of its ongoing programme with “parliamentary approval” of the new SOE law by the end of June to ensure transparent management of these companies. “Contingent liabilities from loss-making SOEs — to the extent not covered by government guarantees — continue to represent additional risks to debt sustainability,” the IMF has noted in a special chapter inRead More
Iranian interior minister arrives in Pakistan on day-long visit
ISLAMABAD: Iranian Interior Minister Dr Ahmad Vahidi arrived in Islamabad on Monday on a day-long visit, where he was received by his Pakistani counterpart, Sheikh Rashid Ahmed. Dr Vahidi’s arrival follows the visit of Saudi Interior Minister Prince Abdulaziz bin Saud bin Nayef to the country last week. According to a brief statement issued by the Ministry of Interior, during his day-long visit, the Iranian minister will hold meetings with Prime Minister Imran Khan and other government functionaries. During his meetings, the statement said, Dr Vahidi and Pakistani officials will discuss issuesRead More