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Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign.

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Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign.
APP55-210725
ISLAMABAD: July 21 –Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign.

APP56-210725
ISLAMABAD: July 21 – Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign. APP/FHA

Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign.
APP57-210725
ISLAMABAD: July 21 – Federal Minister for Climate Change and Environmental Coordination, Dr. Musadik Malik, chaired a high-level meeting of the Committee on the Monsoon Tree Plantation Campaign. APP/FHA

Govt promoting investment, trade activities in Balochistan: Bilal Kakar

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QUETTA, Jul 21 (APP):Vice Chairman of the Balochistan Board of Investment and Trade (BBOIT), Bilal Khan Kakar on Monday said that under the leadership of Chief Minister Mir Sarfraz Bugti, the Government of Balochistan is taking serious and effective steps to promote investment and commercial activities in the province.
He emphasized that Balochistan’s abundant natural resources, strategic location, and young workforce make it an attractive destination for both local and foreign investors, said a press release.
“The Balochistan Board of Investment and Trade is playing a dynamic role in attracting investment to the province. We are not only facilitating investors at every level but are also introducing policy reforms to create a favorable and secure investment climate,” Kakar said.
He noted that BBOIT is actively engaging with international investors and showcasing the potential of Balochistan through investment conferences and business forums.
“The future of Balochistan is closely linked with investment-led growth, and the government is fully committed to realizing this potential,” he added.
He urged the private sector, investors, and business leaders to take advantage of the investment opportunities in Balochistan and contribute to the province’s socio-economic development.

A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.

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A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.
APP35-210725
ISLAMABAD: July 21 – A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.

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ISLAMABAD: July 21 – A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital. APP/ADZ/MAF/FHA

A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.
APP39-210725
ISLAMABAD: July 21 – A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital. APP/ADZ/MAF/FHA
A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.
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ISLAMABAD: July 21 – Heavy machinery at work to recover damaged cars from a nullah in Saidpur Village, which overflowed due to flooding caused by heavy rainfall in the Federal Capital. APP/IFD/MAF/FHA
A view of damaged cars being recovered from a nullah in Saidpur Village due to flooding caused by heavy rainfall in the Federal Capital.
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ISLAMABAD: July 21 – Heavy machinery at work to recover damaged cars from a nullah in Saidpur Village, which overflowed due to flooding caused by heavy rainfall in the Federal Capital. APP/IFD/MAF/FHA
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ISLAMABAD: July 21 – Prime Minister Muhammad Shehbaz Sharif inaugurates the digital system for licensing and registration of medical devices. APP/FHA
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ISLAMABAD: July 21 – Prime Minister Muhammad Shehbaz Sharif inaugurates the digital system for licensing and registration of medical devices. APP/FHA

CCP under new management rolls out key reforms: Finance Minister

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ISLAMABAD, Jul 21 (APP):Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, said Monday that the Competition Commission of Pakistan’s new management, appointed in August 2023, has introduced key reforms to enhance institutional performance.
Responding to a Senate motion by Senator Mohsin Aziz on the performance of the Competition Commission, Senator Muhammad Aurangzeb warned that cartelization, insider trading, and unfair trade practices threaten Pakistan’s economy, reaffirming the government’s resolve to eliminate them.
He emphasised the critical role of a robust regulatory regime in safeguarding the interests of both investors and consumers.
He reiterated that the private sector must drive economic activity, but within a framework of effective checks and balances to ensure transparency and public trust.
Highlighting institutional oversight, the minister noted that the new management of the Competition Commission of Pakistan (CCP) assumed office in August 2023. He recommended that the newly appointed CCP chairman be summoned to the Senate Standing Committee on Finance to present a comprehensive performance report and clarify the Commission’s progress under the current leadership.
Sharing details of Competition Commission’s performance, the Finance Minister informed that the Competition Commission of Pakistan (CCP) has disposed of 224 out of 567 court cases over the past two years—resolving more than half.
Since August 2023, the Commission has issued 11 major enforcement orders and recovered PKR 120 million in penalties.
The Finance Minister said the Competition Commission of Pakistan (CCP) has established a Market Intelligence Unit (MIU) and a Center of Competition Research, both leveraging data-driven methods and AI models to monitor market patterns and detect anti-competitive behavior. The MIU  tracks market behavior and refer potential breaches to enforcement teams, supporting CCP’s regulatory efforts with data-driven insights, policy input, and global best practices.
The Finance Minister said the Competition Commission of Pakistan (CCP) has shifted to proactive enforcement, identifying 170 potential violations across 28 sectors, including real estate, telecom, banking, and e-commerce. He added that 17 merger and acquisition cases were disposed of, while 83 regulatory exemptions were granted—primarily in the pharmaceutical, energy, and banking sectors.
The Finance Minister said inflation has dropped from 38 percent to single digits, alongside reductions in the policy rate and mark-up. Price monitoring remains a regular agenda item for both the Economic Coordination Committee and the Price Monitoring Committee, with efforts underway in coordination with provincial governments.
Responding to PTI Senators’ queries over the surge in sugar prices, the Finance Minister pressed for answers on the sugar scandal inquiry commission’s outcome under the PTI government, questioning what punitive steps were taken against those implicated in the sugar scandal.

At UN, Pakistan pushes for reform of global financial institutions to facilitate SDGs’ implementation

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By Iftikhar Ali
UNITED NATIONS, Jul 21 (APP): Underscoring deep reform of the international financial architecture for implementing the Sustainable Development Goals, Pakistan has called for boosting access to concessional and grant-based resources, meaningful debt relief and scaled-up climate finance in order to bridge the SDG Financing Gap.
“While national efforts are essential, they cannot succeed in isolation,” Deputy Prime Minister and Foreign Minister, Senator Ishaq Dar, told the High-Level Political Forum (HLPF) — held under the auspices of the UN Economic and Social Council (ECOSOC) on Monday.
The forum is a crucial event for reviewing progress towards the Sustainable Development Goals (SDGs) and advancing the 2030 Agenda for Sustainable Development.
“With just five years remaining to 2030, only 35% of the SDGs are on track,” he said, while participating in the general debate.
“The compounding effects of the pandemic; the food, fuel, and finance crises; as well as intensifying climate impacts, have reversed hard-won development gains and deepened inequalities,” DPM/FM told leaders from around the world in the iconic hall of the UN General Assembly.
Senator Dar reaffirmed Pakistan’s full commitment to achieving the 2030 Agenda, pointing our that the country’s national development strategies, such as Uraan Pakistan (take-off Pakistan), are aligned with the SDGs.
“Our social protection initiatives, including the Benazir Income Support Programme and Benazir Nashonuma (Child Growth), are designed to ensure no-one is left behind.
“To harness the potential of our youth, we have launched the Digital Youth Hub and are expanding access to quality education through Danish Schools and new university campuses,” the DPM/FM added.
Pakistan, he said, has undertaken key macroeconomic reforms to stabilize its fiscal outlook and make the investment climate even more attractive, highlighting that the Special Investment Facilitation Council is channelling direct foreign investment in priority sectors.
The DPM/FM also said that Pakistan was scaling up climate action, targeting 60% renewable energy by 2030, and enhancing resilience through initiatives such as Recharge Pakistan and the Living Indus. “Our revised nationally determined contribution is nearing finalization.”
In conclusion, Senator Dar said, “As we commemorate the 80th Anniversary of the United Nations, the Secretary General’s UN80 initiative offers an opportunity for a critical re-think to strengthen the three pillars of the United Nations and renew our commitment towards timely achievement of the SDGs.”
At the outset, UN Secretary-General Antonio Guterres said despite ‘enormous headwinds’, the last two months illustrate what can be achieved when countries come together with conviction and focus.
“We saw it in Geneva, where the World Health Assembly adopted the Pandemic Agreement – a vital step toward a safer, more equitable global health architecture.  We saw it in Nice at the Third UN Ocean Conference, where governments committed to expand marine protected areas and tackle plastic pollution and illegal fishing,”  he said.
“And we saw it in Sevilla at the Fourth International Financing for Development Conference, where countries agreed on a new vision for global finance – one that expands fiscal space, lowers the cost of capital, and ensures developing countries have a stronger voice in shaping their future.”
“These are not isolated wins,” the UN chief said, adding, “They are signs of momentum. Signs that multilateralism can deliver,” he said, stressing:  “In the coming year, we must keep building.”
“We must strengthen and scale up partnerships that deliver — including with the private sector and civil society organizations.  We must embed long-term thinking into every decision, as we committed in the Declaration on Future Generations. And we must continue to learn from each other.”

Seven injured in transformer explosion

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FAISALABAD, Jul 21 (APP): An electricity transformer installed in Masjid Bazaar exploded which left seven people injured in tehsil Jaranwala on Monday.
According to the Rescue-1122, the injured were identified as Tanveer, Habib ul Rehman, Zaid Latif, Ramazan Ali, Mumtaz Bibi, Amar Asif and Muhammad Ali.
They were shifted to the THQ hospital from where six critical ones were referred to the
Allied hospital, Faisalabad.
The police and Fesco and tehsil administration officials reached the spot. An inquiry into the incident had been initiated by the Fesco.