Monday, September 4th, 2023
ECNEC approves $1784.93 mln ‘Emergency Plan for Polio Eradication’
ISLAMABAD, Sep 04 (DNA): The Executive Committee of the National Economic Council (ECNEC) here on Monday approved the Emergency Plan for Polio Eradication (3rd revised) at a cost of USD 1784.93 million. The amount included grant from The Global Polio Eradication Initiative (GPEI) partners of US$.1197.93 million, Islamic Development Bank loan of US$.552 million and French Development Agency (AFD) loan of US$.35 million. The ECNEC meeting was chaired by caretaker Federal Minister for Finance, Revenue, Economic Affairs and Privatisation, Dr. Shamshad Akhtar, according to a press statement issued by theRead More
Lawyers threaten to launch movement for ‘restoration of Constitution’
ISLAMABAD/ LAHORE: The Pakistan Lawyers Action Committee (PLAC) issued a stern warning during a press conference at the Lahore High Court (LHC) on Monday, indicating their intention to convene an All Pakistan Lawyer’s Convention to launch a nationwide movement. The primary objective of the movement is to demand the complete restoration of and compliance with the Constitution, emphasising that bills not signed or deemed to have been signed and assented to should not be considered Acts of Parliament. Prominent lawyers including Sardar Latif Khosa and Chaudhry Aitzaz Ahsan led theRead More
Pakistan wants to increase trade volume with Italy: Gohar
DNA ISLAMABAD: Italian Ambassador to Pakistan, Andreas Ferrarese, called on Dr. Gohar Ejaz, the Caretaker Federal Minister for Commerce and Industries and Production. The high-level discussion focused on exploring fresh avenues to bolster trade relations between Italy and Pakistan. During the meeting, Minister Gohar Ejaz emphasized the need to open new avenues for business, highlighting the importance of expanding economic cooperation between the two nations. Both sides agreed on the potential for collaboration in various sectors, with particular attention given to technology transfer, and the steel industry. The minister discussedRead More
IMF rejects Pakistan’s power relief plan
ISLAMABAD: The International Monetary Fund (IMF) has turned down Pakistan government’s proposal designed to provide relief to the impoverished for exorbitant electricity bills, sources in the Finance Department said Monday. They said a consensus could not be achieved with the IMF over the relief plan. In the proposal, the IMF was informed by the Pakistan government that relief provision would have an impact of less than Rs6.5 billion. The IMF, however, put the impact at about Rs15 billion, and dismissed the plan as a result. The IMF has now reportedlyRead More
Asia Cup 2023: Nepal set India 231 runs target
Kandy: Aasif Sheikh and Sompal Kami helped Nepal set up a competitive 231-run target for India in the fifth fixture of the ongoing Asia Cup 2023 at the Pallekele International Cricket Stadium, Kandy, Sri Lanka. The Asia Cup debutants got off to a lucky start as the Blues dropped three catches in the first five overs and bottled their chance to have a dream start. The opening duo of Kushal Bhurtel and Aasif Sheikh scored 65 runs before Shardul Thakur struck to provide the first breakthrough to India. Aasif playedRead More
Sugar price hits Rs230 per kg in Chaman
CHAMAN, SEP 04 (DNA) — The price of 1kg of sugar has touched the highest Rs230 mark in Chaman, Balochistan. The price control committees and the district administration are nowhere to be seen amid the sale of sugar at such an exorbitant price. There are no utility stores in Chaman, and sugar is not available at shops either. Citizens have demanded that the government take notice of the inflated sugar price. In Arifwala, the price of 1kg of sugar is ready to hit the Rs200 mark as sugar is beingRead More