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Provinces reject development plan proposed by federal govt

ISLAMABAD: Amid strong protest by provinces against federal government’s decision to withdraw funding for provincial health and education projects, the Planning Commission recommended on Tuesday a...

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Minister sees no decline in joblessness

ISLAMABAD: The minister for planning and development has disputed an assessment by the finance ministry that the country’s unemployment rate had fallen to six per cent, arguing that the joblessness...

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Parties give go-ahead to China-Pak corridor

ISLAMABAD: Doubts expres­sed by the political leadership over the China-Pakistan Economic Corridor were partially addressed by the government on Thursday and an all-party conference held at the prime...

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PM wants parliamentary committee to investigate purchase of land for dam

ISLAMABAD: Prime Minister Nawaz Sharif on Friday issued directives for forming a parliamentary committee to investigate the alleged irregularities in the purchase of land for the construction of the...

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Govt to spend Rs250bn on infrastructure next year

ISLAMABAD: The government has decided to allocate over Rs250 billion for infrastructure sector including energy and transport in budget 2015-16 that would have an overall Rs600bn development outlay....

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‘Govt violating APC decision on China corridor’

ISLAMABAD: The Senate standing committee on finance and revenue has demanded an investigation into alleged violations of the consensus reached at an all-party conference recently that the western route...

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Spotlight: Pakistan hails CPEC as fate changer, vital in driving economic growth

ISLAMABAD, June 5 (Xinhua) -- Pakistan has hailed the China- Pakistan Economic Corridor (CPEC) as a fate changer, saying it is vital in helping drive its economic growth. The CPEC is a 3,000-kilometer...

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FBR raids ‘illegal’ investment exhibition

ISLAMABAD: An investment exhibition, inviting the crème de la crème of society to put their money in real estate opportunities in the Middle East, does not sound like the kind of place the government...

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Special committee to oversee CPEC project

ISLAMABAD: A meeting of the country’s top political leadership has agreed to set up a special bicameral parliamentary committee for regular oversight of the China-Pakistan Economic Corridor (CPEC)...

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FBR sees no hope for recovery of money in Swiss accounts

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday dashed hopes of any success in recovering the money stashed by Pakistanis in Swiss accounts. Shahid Hussain Asad, Member, Inland Revenue...

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A culture of greed: How CDA is destroying Islamabad's environment

It seems that the federal government has learnt no lessons from the recent heat wave in Karachi that claimed the lives of over 1,300 citizens. The Capital Development Authority (CDA) in Islamabad has...

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A culture of greed: Fell me twice?

It seems that the federal government has learnt no lessons from the recent heat wave in Karachi that claimed the lives of over 1,300 citizens. The Capital Development Authority (CDA) in Islamabad has...

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3 committees set up to resolve tax, other issues

ISLAMABAD: The government constituted on Tuesday three committees to resolve the issue of withholding tax imposed on banking transactions and issues relating to other taxes. The decision was taken...

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Completion of CPEC projects by end of 2017 ordered

ISLAMABAD: Prime Minister Nawaz Sharif directed on Monday completion of infrastructure projects under the China-Pakistan Economic Corridor by the end of 2017. Presiding over a meeting held to review...

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Ahsan complains to PM about power ministry’s lethargy to Vision ’25

ISLAMABAD: Minister for Planning and Reforms Ahsan Iqbal complained on Friday to the prime minister about what he called the water and power ministry’s non-cooperative attitude towards finalising a...

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Nawaz chairs APC to allay China-Pak corridor fears

ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday chaired a meeting in which representatives of all political parties were briefed on the proposed route of the China-Pakistan Economic Corridor (CPEC)...

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Parties pledge to take full political ownership of CPEC

ISLAMABAD: During an All Parties Conference (APC) in Islamabad on Thursday, participants from all parties reached a consensus on the China-Pakistan Economic Corridor (CPEC) project and pledged to take...

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Aitzaz appointed leader of opposition in Senate

ISLAMABAD: PPP leader Chaudhry Aitzaz Ahsan has been appointed as the leader of the opposition in Senate for the second consecutive term after his nomination by Senate Chairman Mian Raza Rabbani. The...

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Questions raised in Senate on western route of CPEC

ISLAMABAD: During a special committee meeting of the Senate on Wednesday, serious questions were raised pertaining to the implementation of the China-Pakistan Economic Corridor (CPEC) project's western...

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Afridi named to lead Karachi Zebras

KARACHI: Prospects of two Karachi outfits competing in the National T20 Cup next month received a major boost on Wednesday when seasoned Pakistan all-rounder Shahid Afridi was announced as skipper for...

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