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February 12, 2025

Saif Awan

Maryam Nawaz chairs 23rd provincial cabinet meeting to approve ‘Zero Time to Start Policy’ for Industries

Lahore: Chief Minister Punjab Maryam Nawaz Sharif presided over 23rd provincial cabinet meeting in which 90-points were discussed. The provincial cabinet took an important decision to promote industrialization in Punjab and approved ‘Zero Time to Start Policy’ for Special Economic Zones, Industrial Estates, and Small Industrial Estates. The Chief Minister said, “Investors should come, set up industries, start their work, action will be taken later on. We want to provide all kinds of facilities to the industrialists in Punjab for doing business. They may set up as many industries as they can, they will be given NOCs immediately. The difficult

February 11, 2025

Raja Furqan Ahmed

Pakistan’s Corruption Perception Index drops by 2 spots in 2024: Transparency International

Pakistan’s position on the 2024 Corruption Perception Index (CPI) has dropped by two spots, falling from 133rd place in 2023 to 135th out of 180 countries, as reported by Transparency International on Tuesday. The CPI, which is released annually, ranks 180 countries and territories based on their perceived levels of public sector corruption. The scale ranges from zero (highly corrupt) to 100 (very clean). Pakistan’s score also decreased by two points, from 29 in the 2023 CPI to 27 in 2024, further highlighting concerns about corruption within the country. Transparency International Pakistan (TIP) clarified that it does not participate in

January 25, 2025

Raja Furqan Ahmed

Malik Riaz will be extradited back to Pakistan, says journalist Hamza Azhar Salam

LAHORE: Renowned investigative journalist and editor of The Pakistan Daily, Hamza Azhar Salam, has asserted that property tycoon Malik Riaz will be extradited to Pakistan to face justice. Speaking at a press conference, Salam emphasized the importance of upholding the rule of law, stating, “No matter how powerful someone is, they must be held accountable.” He noted that previous governments had remained silent on Malik Riaz’s alleged misconduct, underscoring the need for accountability. “Our duty is to speak the truth, and we bow only before Allah, not before Malik Riaz,” Salam remarked, reiterating the journalist’s commitment to uncovering corruption and

September 26, 2024

The Pakistan Daily

IMF approves seven billion dollars package for Pakistan

In a major development, the International Monetary Fund (IMF) Executive Board, during a meeting in Washington, has approved a $7 billion loan for Pakistan. This new financial support program is designed to span over 37 months, providing crucial relief to the country amidst its ongoing economic challenges. As per sources, Pakistan is likely to get $1 billion or $1.1 billion as the first instalment of the loan by September 30. After the approval of the loan program, the second installment will also be received in the same financial year, the sources added. Pakistani officials have confirmed that all preconditions for

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