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The biggest challenge is increasing exports from USD 32 billion to USD 100 billion, Ahsan Iqbal

20Jan

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The biggest challenge is increasing exports from USD 32 billion to USD 100 billion, Ahsan Iqbal

The biggest challenge is increasing exports from USD 32 billion to USD 100 billion says Ahsan Iqbal The Pakistan Institute of Development Economies (PIDE) discussed in detail how to improve exports in Pakistan. The Honorable Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, said we need to emphasize our tax-to-GDP ratio, which was around 16-18% previously but now reduces to 9% only. We need more investment, both local and foreign. It will make us less dependent on the IMF. The biggest challenge is how to increase exports from USD 32 billion to USD 100 billion. For this, we need to find new products and markets.He also said to analyze how foreign aid is linked with growth previously. During the era of 1980s, Pakistan got many projects a...

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of M/s Nestle Pakistan & Afghanistan led by its CEO Mr. Samer Chedid

20Jan

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PAKISTAN NEWS

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of M/s Nestle Pakistan & Afghanistan led by its CEO Mr. Samer Chedid

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of M/s Nestle Pakistan & Afghanistan led by its CEO Mr. Samer ChedidFederal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of M/s Nestle Pakistan & Afghanistan led by its CEO Mr. Samer Chedid, at Finance Division today. SAPM on Finance Mr. Tariq Bajwa, SAPM on Revenue Mr. Tariq Mahmood Pasha and senior officers from Finance Division and Nestle team participated in the meeting.Mr. Samer Chedid expressed gratitude to the Finance Minister and shared their business profile and contribution to the economic development of Pakistan. He also briefed the Finance Minister about company’s footprints in providing quality food items especi...

Ambassador of United States H.E. Donald Blome call on Chairman Senate Muhammad Sadiq Sanjrani

20Jan

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Ambassador of United States H.E. Donald Blome call on Chairman Senate Muhammad Sadiq Sanjrani

Ambassador of United States H.E. Donald Blome call on Chairman Senate Muhammad Sadiq SanjraniChairman Senate Muhammad Sadiq Sanjrani has said that Pakistan greatly values its multifaceted relationship with United States and desires to further expand the friendly ties for mutual benefit of the two sides. Chairman Senate expressed these views during a meeting with Ambassador of United States H.E. Donald Blom in Islamabad. A reception was also hosted in honor of the Ambassador at Chairman Senate’s residence.During the call-on the dignitaries discussed matters of mutual interest, bilateral collaborations and development in the region. The Chairman Senate thanked the US government for its cooperation and collaboration with Pakistan in various fields and appreciated the role of US gove...

A delegation led by the Russian Energy Minister Mr. Nikolay Shulginov calls on Prime Minister Muhammad Shehbaz Sharif

19Jan

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PAKISTAN NEWS

A delegation led by the Russian Energy Minister Mr. Nikolay Shulginov calls on Prime Minister Muhammad Shehbaz Sharif

A delegation led by the Russian Energy Minister Mr. Nikolay Shulginov calls on Prime Minister Muhammad Shehbaz SharifA delegation led by the Russian Energy Minister Mr Nikolay Shulginov called on Prime Minister Muhammad Shehbaz Sharif in Lahore today.Welcoming the delegation the Prime Minister highlighted the importance Pakistan attached to its relations with the Russian Federation. He recalled his meeting with President Vladimir Putin in Samarkand in September 2022 and said that the meeting had reached important decisions to further strengthen Pakistan-Russia relations. He also noted with satisfaction the keen desire on both the sides to upgrade the bilateral cooperation in trade, investment and economic matters.The Russian Energy Minister reciprocated Prime Minister’s sentime...

National security cannot be guaranteed unless there is food security in Pakistan

19Jan

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PAKISTAN NEWS

National security cannot be guaranteed unless there is food security in Pakistan

National security cannot be guaranteed unless there is food security in PakistanNational security cannot be guaranteed unless there is food security in Pakistan. Urgent attention needs to be given towards reforming and modernising the agriculture sector as well as controlling population growth. This was the key message of the eminent speakers at the seminar on ‘Food Security for Pakistan’ organised by the Centre for Aerospace & Security Studies (CASS) in Islamabad. Syed Fakhar Imam, Former Federal Minister, Ministry of National Food Security and Research, Government of Pakistan was the Keynote Speaker, while other eminent speakers included Dr Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute, Islamabad; Mr Ashfaq Mahmood, Former Federal Secretary ...

Masood Khan stresses tech sector linkages with Irvine, California

19Jan

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PAKISTAN NEWS

Masood Khan stresses tech sector linkages with Irvine, California

Masood Khan stresses tech sector linkages with Irvine, CaliforniaPunjab-California Sister Province Agreement provides a model to establish domain-specific state-to-province, city-to-city economic linkages between Pakistan and the United States,” said Pakistan’s Ambassador to the United States, while talking to Irvine Mayor Farrah N. Khan, an American of Pakistani descent. “The tech-startups of Pakistan, manned by enterprising youth, and a vibrant tech sector of Irvine, California, could forge strong partnerships for not only meeting the economic needs of the two sides but also to strengthen people-to-people exchanges,” he continued. Ms. Farrah Khan during her call the Ambassador said that Irvine is rated as one of the top ranking cities of the United States for start-up businesse...

Statement by Ambassador Munir Akram, Permanent Representative of Pakistan to the United Nations

18Jan

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PAKISTAN NEWS

Statement by Ambassador Munir Akram, Permanent Representative of Pakistan to the United Nations

Statement by Ambassador Munir Akram, Permanent Representative of Pakistan to the United Nations.During the United Nations Security Council Open Debate on “the Situation in the Middle East, including the Palestinian Question .Mr. President. Pakistan welcomes the convening by the Japanese Presidency of this open debate on the situation in the Middle East, including the Palestinian Question.2. We express our grave concern on the constantly deteriorating situation in the Occupied Palestinian Territory, including East Jerusalem.3. The year 2022 was among the deadliest for the Palestinian people.4. According to reports, 230 Palestinian civilians were killed by Israeli occupying forces, including 61 children, in addition to the injury and detention of thousands of others,...

Today, in a terrorist activity from across Pakistan Iran border in Chukab Sector, District Panjgur, Balochistan, 4 security forces personnel have embraced martyrdom

18Jan

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PAKISTAN NEWS

Today, in a terrorist activity from across Pakistan Iran border in Chukab Sector, District Panjgur, Balochistan, 4 security forces personnel have embraced martyrdom

Today, in a terrorist activity from across Pakistan Iran border in Chukab Sector, District Panjgur, Balochistan, 4 security forces personnel have embraced martyrdomISPR Today, in a terrorist activity from across Pakistan Iran border in Chukab Sector, District Panjgur, Balochistan, 4 security forces personnel have embraced martyrdom. Terrorists used Iranian soil to target a convoy of security forces patrolling along the border. Iranian side has been asked to hunt down the terrorists on their side Those shaheeds include :1. Sepoy *Asad Ali* age 25 years, Resident of Village Hamrota Tehsil Baloch District Sudhnoti2. Lance Naik *Fareed Ullah* Khan Age 29 yrs, Resident of Village Pahar Khel Pakka Tehsil & District Lakki Marwat3. Lance Naik *Abdul Razzaq*, age 31 years,...

An Intelligence Based Operation (IBO) was initiated to clear a hideout of Terrorists

18Jan

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PAKISTAN NEWS

An Intelligence Based Operation (IBO) was initiated to clear a hideout of Terrorists

An Intelligence Based Operation (IBO) was initiated to clear a hideout of TerroristsISPR An Intelligence Based Operation (IBO) was initiated to clear a hideout of Terrorists, linked with firing incidents on Security Forces and civilians besides planting of Improvised Explosive Devices on M-8, in general area Talsar, Hoshab. As a result of continuous intelligence, Surveillance and Reconnaissance (ISR) of the area, a location of the Terrorists was identified and security forces were heli inserted. While the establishment of blocking positions to cut the escape routes was underway, 4 Terrorists opened fire onto the Security Forces. During ensuing heavy exchange of fire, all four Terrorists have been killed, while a cache of arms and ammunition including Improvised Explosive Devices...

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet

17Jan

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PAKISTAN NEWS

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the CabinetFederal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet, today.Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Mr. Khurram Dastgir Khan, Federal Minister for Planning and Special Initiatives Mr. Ahsan Iqbal, Federal Minister for Industries and Production Syed Murtaza Mahmud, Minister of State for Finance and Revenue Dr. Aysha Ghous Pasha, Mr. Shahid Khaqan Abbasi MNA/Ex-PM, SAPM on Finance Mr. Tariq Bajwa, SAPM on Revenue Mr. Tariq Mehmood Pasha, SAPM on Government Effectiveness Dr. Muhammad Jehanzeb Khan,...