Thursday, July 13th, 2023
Haji Gulbar Khan elected GB chief minister
Haji Gulbar Khan, an estranged member of the PTI, was elected as the chief minister for Gilgit Baltistan on Thursday. His election to the role comes after PTI’s Khalid Khurshid Khan was disqualified as the chief minister over a fake degree earlier this month. According to state-run Radio Pakistan, Gulbar secured 19 out of 20 votes while Raja Azam Khan, who had been endorsed by Khurshid as his successor, boycotted the election. Javed Ali Manwa, who was leading one of the three forward blocs within the PTI, also boycotted theRead More
Will hand over reins of govt to interim setup in August: PM
ISLAMABAD, JUL 13: Prime Minister Shehbaz Sharif has assured the nation that his government will hand over the reins to an interim setup next month after the completion of their tenure. “In August 2023, we will give responsibility to the interim government,” he said in a live address on Thursday. The premier repeated the circumstances in which the coalition government — a group of 13 political parties — came to power in April 2022. “[We] cleaned up the mess of four years in 15 months and doused the fire thatRead More
IMF agreement will stabilize rupee against the dollar: RCCI
DNA Rawalpindi: The agreement with the IMF is a welcome and positive development for Pakistan’s economy. The agreement will not only send a positive message to investors, but will pave the way for aid funds for the rehabilitation of friendly countries, foreign financial institutions and flood-affected areas, Acting President of Rawalpindi Chamber of Commerce Faisal Shahzad remarked in a TV interview. This would further boost the foreign exchange reserves and support the rupee to stabilise around the current value, he added. He said that the agreement will help increase exportsRead More
PTI condemns ‘broad daylight robbery’ of public mandate in GB
Staff ReportISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) strongly condemned the ‘broad daylight robbery’ of public mandate in Gilgit-Baltistan and said that it was the darkest day for the democracy.Reacting to the GB CM elections, PTI Spokesman that depriving a party with 22 seats in the 33-member house of the right to rule was slap on the face of democracy and the constitution.He said that democratic and constitutional identity of Pakistan was badly dented in front of the world due to this insult of public mandate.The PTI spokesperson stated that the unscrupulous criminalRead More
CCP’s study recommends measures to enhance SMES’ economic efficiency
DNA ISLAMABAD, 13 JUL: The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying barriers to competition, and providing recommendations for improving the economic efficiency of Small and Medium Enterprises (SMEs). The study is based on data from 50 Financial Institutions (FIs), 18 focused group discussions, and 362 SMEs across 11 cities and a seminar conducted by CCP on women entrepreneurs. The study recommends reviewing the definition of SMEs in comparison to other regional countries, as the current National SMERead More
European Parliament’s stance in support of Palestinian people’s right to self-determination lauded
ISLAMABAD, JUL 13 /DNA/ – The Ministry of Foreign Affairs of the State of Palestine, expresses its profound appreciation to the European Parliament for the recent adoption of their report; we commend the European Parliament’s unwavering support for the two-state solution based on the 1967 borders and the call for recognition of Palestinian statehood. This action stands as a strong reaffirmation of the representative of peoples of Europe, and EU’s commitment to upholding international law and human rights, acknowledging the urgency of the Palestinian cause, and the necessity of actingRead More