Tag: The Pakistan Times

President for enhanced cooperation with China, Venezuela and ColombiaPresident Dr. Arif Alvi has called for more robust cooperation with the People’s Republic of China in the areas of trade, economy, culture and defense. He said that China was a reliable and tested friend and Pakistan wanted to further strengthen the strategic relations with China for the mutual benefit of the two countries.The President made these remarks during his meetings with the Ambassadors-designates of the People's Republic of China and the Venezuela (Non-Resident), as well as the Republic of Colombia (Non-resident), who presented their diplomatic credentials to the President and separately called on him at Aiwan-e-Sadr today.Welcoming the Ambassador-designate of China to Pakistan, Mr. Jiang Zaidong, ...

Opening Remarks by Foreign Minister for the Commonwealth Youth Ministerial Meeting Plenary Session(12 September 2023, London) Honourable Secretary General, Excellencies, Ministers, Senior Officials, Youth Leaders, distinguished guests, members of the media,I am very pleased to be here with you all today and to have the honour of serving as your Chair for this the 10th Commonwealth Youth Ministers Meeting.This meeting is significant as youth ministers have not met since 2017 and so much has happened in the world since that time. In this meeting we have the opportunity to reflect, to share and agree on the way forward. In this the year of youth, we have a responsibility to honour the mandate given by our heads at their last sitting in Kigali. I believe the vision of the l...

The Monetary Policy Committee (MPC) of SBP will meet on Thursday, September 14, 2023The Monetary Policy Committee (MPC) of SBP will meet on Thursday, September 14, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the same day.Editor: Raja Kamran

Former federal minister Sheikh Rasheed refused to appear before the NAB investigation teamSheikh Rasheed sent a reply letter to the NAB investigation team on the notice of summons. In his letter he said "I have received a call-up notice from NAB to appear before you on 12-09-2023 as a witness to record my statement in respect of investigation of Al-Qadir Trust Case. I had already informed you twice in writing that I have no concern whatsoever with Al-Qadir Trust and I not a witness of the said case. During the Cabinet Meeting dated 03-12-2019 when the item of A-Qadir Trust was presented, I had already left the Cabinet meeting before the said item was taken up. I have no information and evidence with regard to Al-Qadir Trust. Furthermore, I was having strained relations with Shahzad A...

Armed Forces of Pakistan, CJCsSC & Services Chiefs pay glowing tribute to Major Raja Aziz Bhatti ShaheedArmed Forces of Pakistan, CJCsSC & Services Chiefs pay glowing tribute to Major Raja Aziz Bhatti Shaheed, Nishan-e-Haider, on his 58th Shahadat Anniversary today. Major Raja Aziz Bhatti Shaheed is the shining star of the 1965 War who stood as a leaden wall in front of the enemy and sacrificed his life for the defence of the motherland.Major Raja Aziz Bhatti’s martyrdom anniversary serves as a powerful reminder of the extraordinary sacrifices made by the Armed Forces of Pakistan to defend the motherland. Let us remember these heroes who have laid down their lives in defence of our motherland. The nation is proud of its gallant sons.Editor: Raja Kamran

Ambassador of Turkmenistan Mr. Atadjan Movlamov called on Caretaker Prime Minister Anwaar-ul-Haq KakarAmbassador of Turkmenistan Mr. Atadjan Movlamov called on Caretaker Prime Minister Anwaar-ul-Haq Kakar in Islamabad. The Ambassador conveyed the congratulations of the Turkmen leadership to the Prime Minister on his appointment to this august office. The warm wishes were reciprocated by the Prime Minister.During the meeting, the Prime Minister emphasised that Pakistan and Turkmenistan enjoyed excellent brotherly ties and hoped these relations will continue to grow further. He particularly highlighted the need to focus on cooperation in trade, energy, economic connectivity and people to people contacts. He also underscored the need for early completion of energy and power projects...

Country Director World Bank calls on the Minister for Finance, Revenue, Economic Affairs, and PrivatizationCountry Director World Bank called on Minister for Finance, Revenue, Economic Affairs and Privatization, Dr. Shamshad Akhtar. They discussed and reviewed the overall performance of the World Bank ongoing portfolio in Pakistan, and different options were discussed to further expand collaboration in different priority areas to help boost the economic activities in the country. Dr. Shamshad Akhtar, while welcoming the World Bank team, reiterated that Pakistan values its development partnership with World Bank. She appreciated the efforts of the World Bank management, especially the country team in Islamabad in the economic development of Pakistan.The Country Director World Bank...

Briefing Session on Special Investment Facilitation Council (SIFC) to the Heads of Missions AbroadMinistry of Foreign Affairs (Office of the Spokesperson) A virtual briefing session for our Missions abroad on the Special Investment Facilitation Council (SIFC) was convened by the Foreign Secretary at the Ministry of Foreign Affairs today.Special Assistant to Prime Minister on Government Effectiveness, Dr Jehanzeb Khan, made a detailed presentation informing the Heads of Missions on the establishment, legal framework and various other aspects of the Council. The Special Assistant briefed the Heads of Missions with regard to the expectations and their instrumental significance towards the success of the SIFC initiative. He particularly highlighted investment opportunities in Pakista...

Najey Benassaine, Country Director of the World Bank, met with Caretaker Prime Minister Anwarul Haq KakarCaretaker Federal Minister of finance Shamshad Akhtar also participated in the meeting. Prime Minister said that The World Bank is playing a role for the development of the backward areas of Pakistan, especially the remote areas of Balochistan. The first priority of the government is to take the backward areas on the path of development like other parts of the country. The World Bank played its role in helping and rehabilitating the affected people in the historic floods of 2022. The government will provide all possible administrative support to complete the ongoing rehabilitation work in the affected areas.Najey Benassaine briefed the Prime Minister about the development of t...