ISLAMABAD, Apr 27 (APP): China is committed to make China-
Pakistan Economic Corridor (CPEC) successful, Governor Tianjin
province of China Hwang said.
He was talking to Minister for Planning, Development and Reforms
who along with his delegation met Chinese Governor in Tianjin, China.
Talking to Ahsan Iqbal, Governor Tianjin also directed to send
a delegation to Pakistan to look into investment opportunities in
the country, said a message received here on Wednesday.
China keen to successfully complete CPEC: Governor Tianjin
Govt determined to hold across the board accountability
ISLAMABAD, April 27 (APP): Minister for Commerce Engr
Khurram Dastgir Wednesday said that the government was determined
to hold across the board accountability and very comprehensive
Terms of References (ToRs) were prepared for judicial commission
in this regard.
Talking to a private news channel, he said if opposition
give some positive suggestion with regard to ToRs, they would
be welcomed, however, it would not be allowed to target
Prime Minister Muhammad Nawaz Sharif and his family for their
politics of point scoring, he said.
Khurram Dastgir said, the judicial commission would
be fully authorised to get services of experts for investigation of
Panama Papers allegations.
Federal Cabinet approves budget strategy for FY 2016 17
ISLAMABAD, Apr 27 (APP): Prime Minister Muhammad Nawaz
Sharif Wednesday said country’s economic policies were
welfare oriented and aimed at ensuring that the benefits of economic progress were delivered to the masses.
He was chairing a meeting of the Federal Cabinet here at
the Prime Minister’s Office that took up the agenda focused on the Budget Strategy for the financial year 2016 17.
The Cabinet after detailed discussion gave approval to
the budget strategy paper 2016 17, an official statement said.
The Prime Minister appreciated the fact that the overall
economic progress achieved during the last three years of the government had set the stage for further progress and development of the country.
Parliamentarians hail ICIJ's clarification regarding PM
LAHORE, April 27 (APP): Pakistan Muslim League-Nawaz, Members of Punjab Assembly Syed Zaeem Qadri, Rana Arshad, Khwaja Imran Nazir and Hina Pervaiz Butt on Wednesday said that International Consortium of Investigative Journalists (ICIJ)’s clarification had made it clear that Prime Minister Muhammad Nawaz Sharif was an impechable character and had never owned or run any offshore company.
Talking to APP, they said the ICIJ had refuted the report, saying that name of Prime Minister Muhammad Nawaz Sharif was inadvertently quoted in the Panama Papers; clarifying that he (Nawaz Sharif) had never owned any offshore company.
They also hailed Prime Minister Muhammad Nawaz Sharif for clearing his family’s position regarding Panama Leaks allegation before the nation in his televised addresses.
Pakistan’s B3 rating reflects strengthening growth, progress on structural reforms: Moody
ISLAMABAD, Apr 27 (APP): Moody’s Investors Service in its
latest report Wednesday said that Pakistan’s B3 issuer rating balances strengthening growth and progress on structural reforms.
Moody’s conclusions were contained in its just released Credit
Analysis “Government of Pakistan—B3 Stable,” which looks at the
country’s credit profile in terms of Economic Strength .
Moody’s assessment of Pakistan’s “Moderate” economic strength
encompasses the sovereign’s very low per capita incomes and the large size of its economy. Economic output, previously anemic, has picked up over recent years and is now rising at a relatively healthy pace.
Cabinet strongly reacts to ICIJ’s baseless allegations
ISLAMABAD, April 27 (APP): The federal cabinet Wednesday strongly condemned the baseless allegations levelled by the International Consortium of Investigative Journalists (ICIJ) and its reference to Prime Minister Muhammad Nawaz Sharif, which has now been retracted and acknowledged as an editing error.
The Federal Cabinet in its meeting here at the PM Secretariat
demanded that the Consortium should fix responsibility and take immediate action.
A statement issued here said the Federal Cabinet reposed complete faith and confidence in the the leadership of Prime Minister Muhammad Nawaz Sharif. The Cabinet also lauded that the Prime Minister has presented himself and his family before the Supreme Court of Pakistan, for accountability.
President accords assent to Foreigners (Amendment) Bill, 2016
ISLAMABAD, Apr 27 (APP): President Mamnoon Hussain on
Wednesday approved advice of the Prime Minister and accorded his
assent to the Foreigners (Amendment) Bill, 2016.
The Bill seeks further to amend the Foreigners Act, 1946 has
now become a law after the President’s approval.
The summary was initiated by National Assembly Secretariat.
The Foreigners (Amendment) Bill, 2016 was passed by Lower House of
Parliament in its last session held during the current month.
Pakistan-China launch manufacturing of trainer version of Thunder
ISLAMABAD April 27, (APP): Pakistan and China have jointly launched the manufacturing of first prototype of JF-17B (Dual Seat Combat Aircraft) at an induction ceremony held in Chengdu Aerospace Corporation (CAC), China.
The occasion marked yet another milestone in the close co-operation during JF-17 aircraft development between Pakistan and China, PAF press release issued here on Wednesday said.
Air Marshal Muhammad Iqbal Chief Project Director JF-17, Project Management Office, Pakistan Air Force was the chief guest at
the occasion.
Irfan Siddiqui for countrywide awareness campaign about thalassemia
ISLAMABAD, April 27 (APP): Advisor to Prime Minister on National
History and Literary Heritage Division Irfan Siddiqui on Wednesday
said that countrywide campaign should be started for creating awareness among masses about thalassemia.
He stated this while addressing the participants of a seminar
organized by Mir Khalil ur Rehman Memorial Society and Safe Blood
Transfusion Programme here at local hotel.
Advisor to PM who was the chief guest on the occasion, said that media should be focused on creating awareness about thalassemia in the country.
BISP Chairperson projects positive image at Marketing Congress
KARACHI, Apr 27 (APP): Minister of State and Chairperson,
Benazir Income Support Programme (PISP) MNA Marvi Memon on
Wednesday said the government, under the leadership of Prime Minister
Muhammad Nawaz Sharif, has put the country on path to development with prime focus on economic growth, job creation and welfare of the
poorest.
The positive economic indicators within a short span of time speak
high of consolidated efforts of Prime Minister Nawaz Sharif’s economic
team headed by Federal Minister for Finance and Economic Affairs
Senator Muhammad Ishaq Dar, she said while addressing MARCON-16,
two-day international marketing congress, which was organized by
Marketing Association of Pakistan (MAP) here.
She said the increase of BISP budget up to Rs 102 billion
highlights present government’s commitment towards the uplift of the
marginalized segments of the society.