Monday, May 27th, 2024
Aurangzeb briefs US envoy Blome about fiscal reforms
The Federal Minister reiterated the Prime Minister’s commitment to privatizing State-Owned Enterprises (SOEs), which has sparked interest from local and foreign investors in the case of Pakistan International Airlines (PIA). Faisal Sheikh ISLAMABAD, MAY 27 /DNA/ – Ambassador of the United States of America to Pakistan H.E. Donald Blome called on Minister for Finance & Revenue Senator Muhammad Aurangzeb at the Finance Division today. Finance Minister Muhammad Aurangzeb welcomed Ambassador Blome and underscored the long-term mutual relations between Pakistan and the USA. He informed the Ambassador about successful completion ofRead More
FED rate hike essential to counteract smoking costs, claims SPDC Study
ISLAMABAD, MAY 27 /DNA/ – Anti tobacco activists have warned that the government would lost the revenue and benefit gained through tax reforms if the Federal Excise Duty (FED) rate is not increased in the upcoming budget. A fact based study released by The Social Policy and Development Centre (SPDC) said, 31.6 million adults in Pakistan use tobacco, resulting in over 160,000 deaths annually. Smoking-related illnesses and deaths cost Pakistan at least 1.4% of its GDP annually. However, the 2022-23 FED reforms on tobacco have generated good revenue, with collections reaching PKRRead More
Pakistan in grip of worst individual dictatorship: PTI
System of tyranny won’t last for long, as it will soon meet a drastic end: PTI Spokesperson ISLAMABAD, MAY 27 /DNA/ – Pakistan Tehreek-e-Insaf (PTI) said that Pakistan was in the grip of the worst dictatorship of an individual in the aftermath of the regime change operation, as the country was deprived of its constitution and law. Reacting to the statement of Malik Riaz Hussain, a well-known businessman, PTI Spokesperson said that not only politicians but also judges, journalists, lawyers, traders and businessmen and people from all walks of lifeRead More
Ethio-Pakistan Business Forum held in Addis Ababa
ADDIS ABABA, MAY 27 /DNA/ – A productive and fruitful Ethio-Pakistan Business Forum held in Addis Ababa, Ethiopia on Tuesday in presence of more than 500 businesspersons from diverse economic sectors including agriculture and agro-processing, manufacturing, mining, tourism and ICT. Key Ministers from the Government of the Federal Democratic Republic of Ethiopia including H.E. Ambassador Birtukan Ayano, State Minister of Foreign Affairs and Gebremeskel Chala, Minister of Trade and Regional Integration and Aklilu Tadesse CEO of Industrial parks graced the forum as the guest of honors. The senior officials fromRead More
Over 70,000 pilgrims using ‘Pak Hajj App’
ISLAMABAD, MAY 27 (DNA) —The innovative approach adopted to bring together all the wings and departments of the Pakistan Hajj Mission under the DG Facilitation Cell and Complaint Management System seems to be effectively working in the overall Hajj operation for 2024. The ‘Pak Hajj App,’ through which online monitoring of all Hajj-related activities is performed, has received an overwhelming response in a short span of time, with over 70,000 active intending Pakistani Hajj pilgrims registered so far. Through this online service, the Ministry of Religious Affairs has received more thanRead More
ISSI hosts young “Azadi Fellows” from IRCRA
ISLAMABAD, MAY 27 /DNA/ – The Institute of Strategic Studies Islamabad (ISSI) hosted a delegation of the International Research Council for Religious Affairs (IRCRA) as part of their Azadi Fellowship program, which aims to engage University and madrasa graduates to deepen their understanding of regional and global affairs. The event provided a platform for a wide range of exchanges on critical issues with the young delegates drawn from different parts of Pakistan. Director General ISSI Ambassador Sohail Mahmood, in his address on the subject of “Regional Stability in a GlobalRead More