Sunday, February 20th, 2022
Power users may get Rs 6.1 per unit shock in March bills
ISLAMABAD: Citizens are likely to see an increase of Rs6.10 per unit in their March electricity bills, as the country paid a high price for producing power from furnace oil and diesel in January. In an application, the Central Power Purchasing Agency (CPPA) has informed the power sector regulator that the net cost of electricity production was Rs12.61 per unit during the month. The reference fuel charges set by the National Electric Power Regulatory Authority (Nepra) stand at Rs6.51 per unit, or kilowatt hour. The CPPA has sought an increaseRead More
Foreign investors may pour up to $2b FDI in this fiscal year: PIAF
ISLAMABAD: Feb 20 /DNA/ – The Pakistan Industrial and Traders Associations Front (PIAF) on Sunday welcomed the flow in foreign direct investment (FDI) which has increased by 11.3% to $1.17 billion in July-January of fiscal year 2021-22 compared to $1.05 billion in the same period of last year. PIAF senior vice chairman Nasir Hameed and vice chairman Javed Siddiqi observed that if Pakistan continues to attract FDI at the current pace, then foreign investors may pour up to $2 billion in the ongoing fiscal year. They said that Pakistan hasRead More
Anjum Nisar says decline in LSM share in GDP growth to hamper govt struggling to create jobs
Karachi: The Businessmen Panel (BMP) of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on Sunday expressing serious concern over the slowdown in growth of big industries in the first half of the current fiscal year, has emphasized the need for reforms agenda to achieve seven percent economic growth rate annually to create two million jobs per annum and reduce the public debt, which has already become unsustainable. BMP Chairman and FPCCI former president Mian Anjum Nisar said that the de-industrialization in the country began in 1988 due toRead More
Pakistani Kinnow Festival held in Minsk
DNA MINSK: The Embassy of Pakistan, Minsk in collaboration with Pak Trading House, LLC Minsk organised the First ever Pakistan Kinnow Festival at one of the largest Shopping Malls in Minsk on 19 February 2022. The event, part of Mission’s Public/Economic Diplomacy efforts, attracted huge response from the general public as record number of visitors hovering around 6000 visited the booth during the festival which lasted for four hours. Several items including fresh orange juice, Ice Cream and orange gift were presented to the visitors.
PM following his vision to empower people of Pakistan: Tarin
ISLAMABAD, Feb 20: Finance Minister Shaukat Fayaz Ahmed Tarin Sunday said that Prime Minister Imran Khan was following his vision to empower the people of Pakistan on the pattern of Riyasat-e-Madinah. A number of schemes have been launched for common man like health card, Ehsaas portal and other schemes, he said while speaking to Radio Pakistan’s current Affair Program. Prime Minister is an upright and transparent person unlike previous rulers who made money through corrupt practices, he mentioned. He further highlighted that Overseas Pakistanis have a special place inRead More
PM Khan’s upcoming Russia visit of great significance: Chinese Scholar
BEIJING, Feb 20: Prime Minister Imran Khan’s upcoming official visit to Russia is historic and of great strategic significance, Cheng Xizhong, Visiting Professor of Southwest University of Political Science and Law and Senior Fellow of the Charhar Institute said on Sunday. “It is particularly noteworthy that with a gap of 23 years, Russia has invited the Pakistani leader to visit Moscow, which reflected PM Imran Khan’s high-stature and leadership qualities. Russian President Vladimir Putin has great respect to PM Imran Khan and now the voice of Pakistani leader is alwaysRead More