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Govt successfully steers country out of economic turmoil, says Rana Sanaullah

ISLAMABAD: Advisor to the Prime Minister on Political and Public Affairs, Rana Sanaullah said that the government has successfully steered the country out of economic turmoil, providing a stable foundation for further progress. Talking to a private news channel, he said that Parliament remains the best platform for discussing and resolving national issues. “We believe every matter should be addressed through democratic means,” he asserted. Addressing concerns regarding coalition partners, he acknowledged that minor disagreements are natural in coalition governments but clarified that there is complete understanding on fundamental issues. Replying to a question, he said that political matters must

Pakistan’s economy improving at macroeconomic level: PM Shehbaz

Prime Minister Muhammad Shehbaz Sharif says the foundation of Pakistan’s economy at the macro-economic level has been gradually improving since last year. Talking to Pakistani investors and businessmen in Dubai, he said the inflation has decreased to 2.4 per cent in January this year, while the policy rate is at 12 per cent. The Prime Minister said that Pakistan’s exports, including IT exports, are on the rise, and foreign remittances have reached a record high of three billion dollars in January this year. He said Pakistan’s economic landscape has witnessed stability at macroeconomic level following agreement with the International Monetary

Pakistan, KSA ink two financing agreements worth over $1b

Pakistan and Saudi Fund for Development have signed two financing agreements worth over one billion dollar. These agreements include “Deferred Payment for Oil Import from Saudi Arabia” worth 1.2 billion dollar for one year and “Construction of Gravity Flow Water Supply Scheme” at Mansehra amounting to 41 million dollar. Secretary Economic Affairs Dr Kazim Niaz and Chief Executive Officer Saudi Fund for Development Sultan Abdulrahman Al-Marshad signed the agreements. Among others, Prime Minister Shehbaz Sharif and Saudi Ambassador Nawaf bin Said Al-Malki witnessed the signing ceremony.

Automation crucial for transparency, export growth: PM Shehbaz

Prime Minister Shehbaz Sharif has said automated systems will soon be installed in all sectors on the pattern of the Faceless Customs Assessment System established in Karachi. He was talking to a delegation of Pakistan Business Council-led by Chairman Shabbir Diwan in Islamabad today. The Prime Minister said bringing transparency to the service delivery process is one of the top priorities of the government. He said the government aspires for export-based economic growth and measures are being taken to increase exports. Shehbaz Sharif stressed for bringing the locally produced raw material and other items at par with the international standards

CDWP approves 16 development projects worth Rs259.68b

The Central Development Working Party has approved 16 development projects worth of 259.68 billion rupees. The approval was given during a meeting of the CDWP in Islamabad with Deputy Chairman Planning Commission Ahsan Iqbal in the chair. Out of these, seven projects were recommended to the Executive Committee of the National Economic Council for its consideration and approval.

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

Institutions on the same page: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has said all institutions of the state are on the same page, and now there will be no political adventure in the country. Speaking at a ceremony, the minister said establishment, judiciary and parliament are united and on the same page, adding any political change in the country will be in accordance with the Constitution. It is political instability due to which the country’s volume of foreign Direct Investment has reduced, the minister said. “The government with the introduction of economic reforms has strengthened the exchange rate in one

PM Shehbaz directs to set up world-class cargo scanning system

Prime Minister Shehbaz Sharif has directed to establish a world-class cargo scanning system in Karachi and other major trading centers of the country. Chairing a review meeting regarding transit cargo and tracking system in Islamabad, he instructed to ensure the implementation of a system equipped with modern technology and abolish the obsolete system of tracking, tracing and scanning. He also directed to ensure the third-party validation of the quality of cargo tracking service providers. Shehbaz Sharif said there has been a significant decrease in the smuggling due to improvement in the tracking system. The Prime Minister said, due to curtailing

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