economy
Afghanistan receives military equipment from China
KABUL, July 03 (DNA): Afghanistan received military equipment from China on Sunday months after Beijing announced expanded military aid to the Afghan National Defense and Security Forces (ANDSF). The Office of the National Security Adviser said the military aid by China was received by National Security Adviser Mohammad Hanif Atmar. A cargo plane loaded with the military aid including transport vehicles and other military equipment landed in Kabul’s Military Airport today. China’s Ambassador to Afghanistan Yao Jing was also present during the hand over of the military aid to Afghanistan.Read More
PM lauds economic team for putting country on path of sustainable growth
ISLAMABAD, July 01 (DNA): Prime Minister Nawaz Sharif has appreciated Government’s economic team led by Finance Minister Ishaq Dar for their tireless efforts resulting in unprecedented economic returns for the country. He applauded the economic team for achieving milestones in the economic sphere and putting the country on the path of sustainable economic growth and prosperity. In a statement, he said the country’s foreign exchange reserves have crossed 23 billion dollars, which stood at just 6.8 billion dollars in June 2013. The present highest foreign exchange reserves in Pakistan’s historyRead More
Pakistan achieves GDP growth rate of 4.7pc during outgoing financial year
ISLAMABAD, 02 JUNE (DNA) – Government on Thursday presented National Economic Survey 2015-16 while Finance Minister Ishaq Dar said that the government had completed its three fiscal years as economic development had reached to 4.7pc. The survey also revealed that economic targets could have been achieved if cotton production could be increased while lack of production lead to GDP decline by 0.5pc. Dar also said that agriculture sector had been affected in the wake of reduction of cotton price in the international market. Dar promised to announce bigger package forRead More
Pakistan, Belarus agree to enhance bilateral ties
ISLAMABAD: Pakistan and Belarus have agreed to enhance cooperation in different fields particularly economy and trade. The understanding came at talks between Prime Minister Nawaz Sharif and President of Belarus Alexander Lukashenko in Islamabad today [Friday]. The two sides also agreed to enhance inter parliamentary relations and strengthen people to people contacts in all spheres. Later in a joint press stakeout, Prime Minister Nawaz Sharif said Belarus is an important country and Pakistan attaches attach high importance to bilateral relations with it. Describing his talks with the Belarus President asRead More