Friday, January 12th, 2024
IMF decision to give $700 million tranche laudable
Karachi: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the approval of the seven hundred million dollar tranche for Pakistan by the IMF Board is a welcome development. The move will decrease the financial difficulties of the country and increase the confidence of local and international investors in Pakistan while facilitating new loans from other international institutions, he said. Talking to the business community, the veteran business leader said thatRead More
Two resigned, others may follow…
Qamar Bashir In Pakistan, an atmosphere of palpable excitement and tumult prevails, akin to the thick smog in Punjab and Lahore, where visibility is so limited that even one’s own hands become unseen. Every passing moment is laden with significant and breaking news, constantly keeping the public on edge. Unfortunately, this pervasive frenzy is not a harbinger of hope but rather a thick cloud of war alarms that hangs over the nation, casting a shadow on aspirations for a better future. In this relentless struggle to outmaneuver rivals, the foundationalRead More
Italian ambassador pays farewell call on PM Anwaar-ul-Haq Kakar
DNA ISLAMABAD, Jan 12: The Ambassador of Italy to Pakistan, Andreas Ferrarese, paid a farewell call on Caretaker Prime Minister Anwaar-ul-Haq Kakar earlier today. During the meeting, the Prime Minister appreciated the Ambassador’s contributions to strengthening bilateral relations, noting his efforts to foster economic ties and facilitate cooperation in various fields. While acknowledging Pakistan’s longstanding friendly relations with Italy, the Prime Minister emphasized the need to boost trade, investment and cooperation in diverse areas including migration and mobility, agricultural technology, education as well as tourism. The Italian Ambassador thanked theRead More