Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «development»

October 18, 2017 4:17 AM Pakistan, China to treat all investors equally

ISLAMABAD: Pakistan and China on Tuesday agreed to treat equally all investors that will pour capital into the planned nine Special Economic Zones (SEZs) – an understanding that will address concerns of local businesses about preferential treatment of the Chinese. “It has been agreed that everyone will be treated equally,” said Chinese Charge d’Affaires 1

October 18, 2017 2:30 AM Govt promises early work on circular railway project

PESHAWAR: While announcing that work on the circular railway project will begin soon, the Khyber Pakhtunkhwa government on Tuesday asked the relevant Chinese company to open its offices in the provincial capital for the purpose. After the meeting of necessary requirements, the land acquisition for the initiative will begin. The announcement was made during

October 18, 2017 1:30 AM Dar appreciates ADB support for uplift programmes

ISLAMABAD - Asian Development Bank (ADB) Executive Director Sami Saeed on Tuesday called on Finance Minister Ishaq Dar at the Ministry of Finance and discussed matters related to ADB’s various projects and programmes in Pakistan. The minister was informed that due to the improved credit ratings of Pakistan and the economic reforms carried out by the government 1

October 18, 2017 12:22 AM ‘Socialism last hope against capitalist exploitation, evil of globalisation’

Socialism is the last hope for those suffering under the yoke of capitalist exploitation and the evil of globalisation. Such was the tenor of the speeches made at the ‘Centennial Year of Russian Revolution: 1917-2017’ seminar held on Tuesday. Organised jointly by the Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (Szabist) and the Tareekh

October 17, 2017 6:44 PM Pakistan won’t go to IMF as economy is stable, thriving: Ahsan Iqbal

ISLAMABAD: Interior Minister Ahsan Iqbal on Tuesday has said that the government would not go to the International Monetary Fund (IMF) in the election year, adding that those portraying a doomsday scenario about the country’s economy were ill-advised and playing in enemy’s hands. “Only a fool will go to the IMF in an election year. We will not do that as Pakistan’s 1

October 17, 2017 12:43 PM In 'unannounced' visit, COAS meets Saudi Crown Prince in Riyadh

Army chief General Qamar Javed Bajwa met Saudi Crown Prince Muhammad bin Salman in Riyadh on Tuesday, the Saudi Press Agency (SPA) reported. The visit is particularly interesting as the military’s media wing, the ISPR, has issued no formal statement to the media. During the Riyadh meeting, Gen Qamar and Prince Salman discussed bilateral issues, with special 1

October 17, 2017 9:27 AM Pakistan Needs USD 17 Billion to Cover Rising Current Account Deficit: World Bank

Washington: Pakistan needs around USD 17 billion to cover rising current account deficit and debt payments in the year 2018, the World Bank has said reiterating that it would continue to support the country to implement its broad economic reforms. "Pakistan is facing headwinds in the external sector and a rising fiscal deficit that could put macro-economic

October 17, 2017 4:08 AM Ishaq Dar rules out fresh IMF bailout

Finance Minister Ishaq Dar on Monday ducked questions on a speech of Army chief General Qamar Bajwa that triggered a national debate but insisted that Pakistan’s economy was not performing as bad as others perceived. It was the finance minister’s first press conference after his indictment in an accountability court on corruption charges and the military’s 3

October 17, 2017 2:37 AM World Bank meets Pakistani delegation, reiterates support for economic reforms

The World Bank reiterated its supportive stance towards Pakistan and its economic reforms following a meeting Monday in Washington, D.C., with the country’s delegation. The global financial authority also mentioned — in a statement released consequent to the discussions at the World Bank-International Monetary Fund (IMF) Annual Meetings — that it would

October 17, 2017 1:30 AM No rift between institutions: Ahsan

Says govt working to consolidate gains in economy, security NEW YORK - Pakistan has accomplished significant economic gains and security successes over the past four years, Interior Minister Ahsan Iqbal has said, while asserting that civilian and military leaders were working hand-in-hand for the country's advancement in all spheres. Addressing office-bearers 3