LARKANA: January 12 –
Laborers busy in work at Girls College Road.
LARKANA: January 12 –
Visitors viewing the displayed paintings and Arts work during the Bachelor and Master of Visual Art Artists exhibition (Degree Show 2023) at National College of Arts.
LAHORE: January 12 –
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LAHORE: January 12 – Visitors viewing the displayed paintings and Arts work during the Bachelor and Master of Visual Art Artists exhibition (Degree Show 2023) at National College of Arts. APP/MTF/ZID
A vendor displaying artificial jewelry to attract the customers at Shahi Bazar.
LARKANA: January 12 –
Youngster catching fish on the bank of river Gilgit.
GILGIT: January 12 –
An attractive and eye catching view of sun set along with river.
GILGIT: January 12 –
A view of thick fog during the morning fog in the provincial capital.
LAHORE: January 12 –
Crackdown launched on substandard gas cylinders
LAHORE, Jan 12 (APP):A crackdown was initiated against the production and sale of substandard cylinders in the provincial capital on Friday.
In a statement, Deputy Commissioner Rafia Haider said that 29 shops were sealed, 11 cases filed, machinery confiscated, and shop owners issued warnings across the city. All assistant commissioners conducted raids in their areas, enforcing checks on LPG shops.
All price control magistrates, ACs, and revenue staff have been ordered to actively monitor the situation. DC and Lahore Administrator Rafia Haider emphasized the threat posed by substandard cylinders to lives.
Playing with the lives of people will not be tolerated, she added.
IMF tranche: LCCI sees positive impact on economy
LAHORE, Jan 12 (APP):Office-bearers of the Lahore Chamber of Commerce & Industry including President Kashif Anwar, Senior Vice President Zafar Mehmood Chaudhry and Vice President Adnan Khalid Butt on Friday welcomed the approval of a $700 million tranche by the International Monetary Fund (IMF) for Pakistan, hailing it as ‘excellent news for the economy’.
They commended the present regime for its efforts, acknowledging the approval from the IMF Executive Board after completing the first review of Pakistan’s economic reform programme. The LCCI office-bearers anticipated that the approved $700 million would invigorate economic indicators, instill confidence in both local and foreign investors, stabilize the rupee, and positively impact the stock market. Highlighting the importance of encouraging expatriate Pakistanis, they urged for increased home remittances and support for export-oriented industries to boost exports.
In the wake of this positive development, the LCCI office-bearers urged authorities to focus on two key areas for economic reform. Firstly, they called for efforts to expand the tax base, contributing to overall economic stability. Secondly, they stressed the need to stabilize the Pakistani rupee.
Expressing his opinion on the ideal exchange rate, the LCCI office-bearers suggested a range of 175 to 200 rupees per dollar. They outlined the multiple benefits of such a rate, including reducing inflation, lowering interest rates, and making the cost of doing business more affordable.
The LCCI office-bearers further emphasized the potential positive outcomes of this exchange rate adjustment, such as a decrease in the cost of imported goods and a more competitive market.
They highlighted that a favorable exchange rate would reduce businesses’ dependence on imported resources, enhancing their ability to rely on domestic alternatives.
They underscored that the IMF approval would enhance trust and confidence from other donor agencies and financial institutions, opening up opportunities for increased funding for Pakistan’s development projects. They called upon all political parties in Pakistan to set aside differences and sign a charter of economy, emphasizing the urgency of breaking free from recurring financial challenges.
They urged political leaders to unite in their commitment to long-term economic stability and growth, transcending party lines for the greater benefit of the nation. They said that the LCCI remains optimistic about Pakistan’s economic stability and growth, reiterating the importance of necessary economic reforms, addressing exchange rate disparities, expanding the tax base, and fostering unity among political parties for sustainable economic development.
KP Govt ready for transparent conduct of elections: CM
PESHAWAR, Jan 12 (APP): Caretaker Chief Minister Khyber Pakhtunkhwa Syed Arshad Hussain Shah here on Friday said that transparent conduct of elections was the primary responsibility of the caretaker government and the government was ready in this regard.
Addressing a ceremony, he said that the Supreme Court and the Election Commission had been informed in connection with the free elections, adding that there was a shortage of 56,000 officials to perform the election duty.
The chief minister is also taking steps for the betterment of the province and the people
He said that the provincial government was actively working for peace, order, better governance and provision of facilities to the people and taking pragmatic steps in this regard.
The CM said that the government was working for the welfare of the people and taking measures to train 500,000 youth to send them to Gulf countries for better opportunities.
After the inclusion of tribal districts, the share of Khyber Pakhtunkhwa has increased, adding that the Prime Minister was keen to address the problems here and had established a committee in this regard.
A large number of Motorcyclists crossing the bridge at Srinagar Highway in the Federal Capital.
ISLAMABAD: January 12 –