ISLAMABAD: Prime Minister Shehbaz Sharif has said that the government is boosting skilled-based vocational training to increase overseas remittances, which will eventually assist reduce the nation’s current account deficit. The prime minister stated in his speech following the laying of the foundation stone for the National University of Technology (NUTECH) central campus that the new campus would aid in the annual production of thousands of trained human resources who would play a crucial part in the growth of the nation. According to the prime minister, who promised to make vocational education the government’s top priority, skilled workers earn more than unskilled labourers do, increasing the nation’s overseas remittances. He said vocational training was key to prosperity and development in today’s era as nations get...
LAHORE: Federal Minister for Parliamentary Affairs and In-charge Prime Minister’s Public Affairs & Grievances Wing Murtaza Javed Abbasi said on Friday the incumbent government was...
Ishaq Dar, the minister of finance and revenue, presided over a conference in Islamabad today to discuss the creation of the Pakistan Sovereign Wealth Fund. In order to maximise leverage and improve management of Government of Pakistan assets in the nation in accordance with international standards, policies, and practises, the draught bill for the establishment of the Pakistan Sovereign Wealth Fund was discussed at the meeting. The Public Finance Management Act of 2019 permits the creation of the fund. The draught law was finalised at the meeting, the technical issues were discussed, and it was sent to the Ministry of Law and Justice for review by solicitors and any additional necessary action.
BEIJING: According to Federal Minister for Planning, Development, and Special Initiatives Prof. Ahsan Iqbal, work on the multi-billion ML1, the main railway line project between Karachi...
ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.33 per cent for the combined consumption group during the week...
ISLAMABAD: Rana Tanveer Hussain, federal minister for education and professional training, expressed optimism on Friday that his party will triumph in the general election as a result of its great performance.“PMLN rules the hearts of the public and takes practical steps taken for the welfare of the countrymen.” Speaking to the media, he declared, “PMLN do politics for public service and the development of the nation.” According to him, baseless accusations made by opponents are meaningless in light of the politics of public service. “Those doing politics of allegations, lies, and double standards are not the well-wishers of the country,” the minister declared. “Selfless service to the public is the mission of his leadership and we will continue discharging the duty of the...
UNITED NATIONS: Pakistan has raised at the U.N. last month’s tragic sinking of an overloaded boat off the Greek coast where 700 people, including Pakistanis, were...
The nation has been asured by Prime Minister Shehbaz Sharif that after their term ends next month, their administration will cede control to an interim setup. In a live address on Thursday, PM Shehbaz stated, “We will hand responsibility over to the interim government in August 2023.” The prime minister reiteratedthe details of how the coalition government, which was made up of 13 political groups, was elected in April 2022. The coalition administration, he continued, “saved the state, not politics” during their 15 months in office. “[We] cleaned up the mess of four years in 15 months and doused the fire that had engulfed the economic and foreign relations front,” he stated. The prime minister of Pakistan, Shehbaz, stated that he was a solid believer that Pakistan could defeat the conspiracies it faces by working day and night. Returning to the prior administration, he said that the Pakistan Tehreek-e-Insaf (PTI) government had signed the most recent International Monetary Fund (IMF) programme. — was in the way of economic recovery. “However, now the new...
President Dr. Arif Alvi of Pakistan has pleaded with the world to pay attention to the flagrant human rights abuses occurring in Indian Illegally Occupied Jammu and Kashmir (IIOJK). He emphasised the need for a peaceful resolution of the Kashmir dispute in accordance with the resolutions of the UN Security Council and the aspirations of the Kashmiri people in a statement on the occasion of the 92nd Youm-e-Shuhada, which is observed in memory of the twenty two Kashmiris who were killed on this day back in 1931 by Dogra forces. The President paid eloquent tribute to the martyrs of July 13th, 1931, saying that Pakistan unites its Kashmiri brothers in honouring their sacrifices. He said the Kashmiri people are still waging a struggle against the illegal Indian occupation. He regretted that nine hundred...
MULTAN: The deal signed with the IMF, according to Prime Minister Shehbaz Sharif, is a chance for Pakistan to reassess its strategies for achieving financial independence. Speaking at the PM Youth Loan and Laptop Scheme event at the Bahauddin Zakariya University, he remarked, “The IMF agreement is not a moment to rejoice, but to assess the state of affairs as to how the country has become dependent on loans and foreign grants.” The $US3 billion stand-by arrangement for Pakistan to help it navigate its present financial difficulties was agreed by the IMF’s executive board on Wednesday. The country avoided the risks of default, but the prime minister warned ongoing measures were needed to stabilise the economy from He emphasized a united approach by all segments of the country including the government, the State institutions, and the...
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