Connect with us

Pakistan

Zardari, Bilawal get registration at NA facilitation centre

Published

on

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari and Co-chairman Asif Ali Zardari Sunday got themselves registered here at the facilitation center of Parliament House.
The National Assembly Secretariat has established the Facilitation Centre in Committee Room No 02 of the Parliament House to issue cards for the newly elected members, a private channel reported.
The inaugural session of 15th National Assembly of Pakistan will be held on Monday at 10 am at the Parliament house. During the session, newly elected members will take the oath, who will then elect the speaker and deputy speaker.
The facilitation center would remain open till 9 pm Sunday.

Continue Reading
Advertisement

Europe

DG ISPR briefs British parliamentarians

Published

on

LONDON: Director General Inter-Services Public Relations, Major General Asif Ghafoor here on Tuesday visited British  Parliament and briefed the parliamentarians about the Pakistan Army’s role in the war against terrorism.
He visited the British Parliament at the invitation of the parliamentarians of House of Commons and House of  Lords, a statement of Pakistan High Commission said.
The parliamentarians highly appreciated the role of Pakistan in the war against terrorism. Lord Nazir Ahmed and Baroness Syeeda Warsi were also present on the occasion.

Continue Reading

Economy

Pakistan to bridge the gap of $12b: Asad Umer

Published

on

Economic situation to be cleared

ISLAMABAD: Federal Minister for Finance Asad Umer on Tuesday expressed the hope that the country would bridge the gap of 12 billion US dollars through loans being sought from various foreign institutions and banks.
Pakistan needed to fill this and for this, the present government would seek the loan facility from International Monetary Funds, World Bank, and Asian Development Bank, etc., he stated while talking to a private news channel.
Taxes had been levied on luxuries items including cars, he said, adding focus would be given to expedite exports by improving industrial sectors.
To a question about power and gas pilferage, he said through modern technology, we would control such heinous activities.
To another question regarding the current account deficit, he said the previous governments were responsible for damaging the economy and other institutions.
The PTI government had put the 100-day plan on the website, he said adding that we were trying to stabilize the economy of the country.
Replying to a question about the housing project, he said it was a difficult task but we would implement this gigantic project for benefiting the low-income group.
He said the government would provide shelters to low-income people and the private sector would invest to achieve the target of 50,00,000 houses.
Asad Umer said the government would make legislation and formulate the policy for the housing project.  Good governance, he said, would address the challenges being faced by the country. People had expressed full confidence in the honest leadership of PTI chief Imran Khan, he added.

Continue Reading

Pakistan

US announces sanctions on key Iranian paramilitary force

Published

on

WASHINGTON: The US Treasury Department today slapped sanctions on an Iranian paramilitary group along with a network of businesses that were providing it financing, as part of Washington’s campaign of maximum economic pressure against Tehran.
In announcing the sanctions, Treasury said a network of more than 20 businesses known as the Bonyad Taavon Basij was financing the Basij Resistance Force, a component of Iran’s Islamic Revolutionary Guard Corps (IRGC).
“The international community must understand that business entanglements with the Bonyad Taavon Basij network and IRGC front companies have real-world humanitarian consequences,” said Treasury Secretary Steven Mnuchin. The Basij, a paramilitary force formed soon after the 1979 revolution, is one of the Iranian regime’s primary enforcers of internal security with branches in every province and city of Iran, according to the US Treasury.
The Bonyad Taavon Basij is said to provide the Basij militia social welfare services, including housing and financial support, and manages economic activities by funding small companies. “Bonyad Taavon Basij has expanded its reach into Iran’s economy by establishing several investment firms through its financial and investment offshoot Mehr Eqtesad Bank,” the Treasury statement said.
Among the other companies singled out was Iran Tractor Manufacturing Company (ITMC), the largest tractor manufacturer in the Middle East and North Africa which predates the Iranian revolution, that generates millions of dollars in profit for the investment firms that represent the Basij. Also targeted was Iran’s Zinc Mines Development Company, described as the country’s “preeminent, multibillion-dollar zinc and lead mining and processing holding company.”

Continue Reading

News Pakistan Trending