Tag: The Pakistan Times

Federal Minister for Finance and Revenue Senator Mohammd Ishaq Dar hosted a farewell lunch in honour of H.E Mr. Nong RongFederal Minister for Finance and Revenue Senator Mohammd Ishaq Dar hosted a farewell lunch on behalf of Prime Minister of Pakistan Mohammad Shehbaz Sharif in honour of H.E Mr. Nong Rong, out-going Ambassador of the People’s Republic of China in Islamabad, today.Federal Minister for Planning & Special Initiatives Mr. Ahsan Iqbal, Federal Minister for Commerce Syed Naveed Qamar, SAPM on Finance Mr. Tariq Bajwa, Mr. Tariq Fatmi SAPM, Mr. Zafaruddin Mehmood SAPM, Governor State Bank of Pakistan and others joined the farewell reception.The Finance Minister welcomed the Ambassador of Republic of China and praised the long-standing and deep-rooted friendly r...

President for realizing the full potential of Bilateral Trade Between Pakistan and ChinaPresident Dr. Arif Alvi has appreciated the projected investment of approximately US $ 62 billion by China in Pakistan under CPEC and has said that keeping in view the immense potential of trade, investment and business, the bilateral trade, which currently stands at US $ 27.8 billion can substantially be increased in future and hoped that the balance of trade will be mutually rewarding. The President made these remarks while talking to the outgoing Ambassador of China to Pakistan, Mr. Nong Rong, who called on him at Aiwan-e-Sadr, today. The President noted that under CPEC nineteen projects were completed; twenty-eight were under construction while forty-one were in the pipeline and said that th...

France Provides €120 Million (28.5 Billion PKR) Soft Loan For Keyal Khwar Hydropower Project; 600,000 lives To Be Improved Dr. Kazim Naiz, Secretary of Economic Affairs Division (EAD), H.E. Mr Nicolas Galey, Ambassador of France, and Mr. Philippe Steinmetz, Country Director of the French Development Agency (AFD), signed the Credit Facility Agreement of €120 million to finance the Keyal Khwar hydropower project. This 128 megawatt facility is located in the province of Khyber Pakhtunkhwa (KPK), near the city of Pattan. This soft loan will support the Water & Power Development Authority– WAPDA - in its mandate of hydroelectricity sector development in Pakistan. The funding will also help enhance the competitiveness of renewable power generation. Such benefits will contribute improvingaf...

GOVERNMENT OF PAKISTAN PROMOTES TWO AIR OFFICERS TO THE RANK OF AIR MARSHAL Government of Pakistan has promoted Air Vice Marshal Abdul Moeed Khan and Air Vice Marshal Ghulam Abbas Ghumman to the rank of Air Marshal. Air Marshal Abdul Moeed Khan was commissioned in GD (P) Branch of Pakistan Air Force in December, 1989. During his illustrious career, he has commanded a Fighter Squadron, Military Training Wing PAF Academy, Asghar Khan and Combat Commanders School, Mushaf. He has served as Commandant College of Flying Training and Assistant Chief of the Air Staff (Plans). The Air Officer has held different portfolios as Principle Staff Officer which include Director General (Security), Director General (Welfare & Rehabilitation), Director General (Operations) and Air Officer...

The prices of petroleum products will remain unchanged from January 16 to January 31The prices of petroleum products will remain unchanged from January 16 to January 31, Federal Finance Minister Senator Muhammad Ishaq Dar said. Federal Finance Minister Senator Muhammad Ishaq Dar has said that the prices of petroleum products will remain unchanged from January 16 to January 31. Talking to the media in Lahore on Sunday, he said that there is no change in the prices of petroleum products, the price of petrol will remain at 214 rupees 80 paisa, the price of diesel will remain at 227 rupees 80 paisa, the price of kerosene will remain at this time. 171 is Rs.83 paise, there will be no change in that either. The price of light diesel is Rs 169 and will remain the same for the next 15 days. ...

Chairman Senate Muhammad Sadiq Sanjrani gave a farewell dinner in honor of Chinese Ambassador Nong RongChairman Senate Muhammad Sadiq Sanjrani gave a farewell dinner in honor of Chinese Ambassador Nong Rong. Important regional and international issues including bilateral relations were discussed in the meeting. Chairman Senate appreciated the services of Chinese Ambassador Nong Rong in taking Pak-China relations to new dimensions.Chairman Senate said that Pakistan-China friendship is an example for the whole world and Pakistan-China friendship has always met every test. He said that the relations between the two friendly countries are based on mutual respect and trust and China has supported Pakistan in every difficult time.Chairman Senate Muhammad Sadiq Sanjrani said t...

Chinese Ambassador H.E. Nong Rong Noon makes farewell call on NA Speaker Raja Pervez AshrafNA Speaker lauded the Outgoing Ambassador’s role in further strengthening the all-weather strategic cooperative partnership between Pakistan & China. Regular high-level parliamentary exchanges key to further strengthening parliamentary cooperation between China & Pakistan.Honorable Speaker Raja Pervez Ashraf highly commended the outgoing Emissary H.E. Mr. Nong for his significant contributions to strengthening Pakistan-China bilateral and parliamentary relations, during a farewell courtesy call by His Excellency Mr. Nong Rong Noon, Ambassador of China in Pakistan, today, at the Parliament House, Islamabad.The Speaker said that Pakistan highly valued ironclad friendship with th...

Gwadar Police have arrested the head of Haq Do Tehreek Maulana Hidayat ur Rehman in Gwadar courtMaulana Hidayat-ur-Rehman Baloch, head of Haq Du Tehreek, arrested before appearing before the judge in the court. Maulana himself announced his arrest after appearing before the judge but was arrested before appearing.Editor: Raja Kamran