Pakistan’s woman umpire Saleema Imtiaz speaks in this interview released on September 15, 2024. — PCB website Pakistan’s Saleema Imtiaz has made history by becoming the first woman umpire from the country to be nominated to the ICC International Panel of Development Umpires which will allow her to to officiate in women’s bilateral international matches … Read more
The Executive Committee of the National Economic Council (ECNEC) approved six major development projects worth Rs178.1 billion, covering the health, agriculture, energy, and transport sectors. The ECNEC meeting, chaired by Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar in Islamabad, approved key projects, including the establishment of the Nawaz Sharif Institute of Cancer … Read more
BEIJING: Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has stressed that China’s high-quality development should be powered by the achievements of a Party-wide campaign on discipline education. Xi, also Chinese president and chairman of the Central Military Commission, made the remarks in a recent instruction, which was read out … Read more
The government has planned to overhaul bilateral development financial institutions that have come under scrutiny for nepotism and mismanagement. These institutions, initially established to promote industrial growth and foreign investment, have instead shifted their focus to investing heavily in government debt, often through loans from the State Bank of Pakistan (SBP). As per a media … Read more
1724780773-0/Untitled-design-(10)1724780773-0.png "French govt’s development agency teams up with Pakistani firms to enhance gender, climate finance Dtrends")
The French government’s development agency, Proparco, has forged a partnership with Pakistani financial firms to bolster women-led businesses and promote green technologies in Pakistan. Announced on Tuesday, this collaboration marks Proparco’s first-ever credit risk guarantee in the country. Founded in 1977, Proparco focuses on providing financial support to businesses in developing and emerging markets. In … Read more
Prime Minister Shehbaz Sharif has mandated third-party validation for all development projects exceeding Rs 2 billion to enhance transparency in the procurement process. The directive was issued during a review meeting on electronic procurement and the e-Pak acquisition and disposal system (e-PADS) held at the Prime Minister’s Secretariat. The prime minister emphasized the importance of … Read more
Prime Minister Shehbaz Sharif has constituted a seven-member ministerial committee, chaired by Deputy Prime Minister Ishaq Dar, to develop the draft of a “home-grown economic development plan” and review the work of UK economist Stefan Dercon regarding Pkaistan’s growth. As per a media report, this move comes following the PM’s dissatisfaction with the work of … Read more
The Central Development Working Party (CDWP) approved six projects worth of Rs16 billion and forwarded seven major projects worth Rs249 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration. The CDWP, under the chair of Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, met on Tuesday to review development projects totaling … Read more
ISLAMABAD: In stark contrast with Pakistan’s worsening fiscal situation and rising public debt, the government approved 15 development projects on Tuesday, costing a total of Rs515 billion, including a $900 million foreign loan aimed at addressing climate change. The Central Development Working Party (CDWP), which is responsible for sanctioning development projects, held a daylong meeting … Read more
BEIJING: Chinese Foreign Minister Wang Yi on Monday called for collaborative efforts of China and the Association of Southeast Asian Nations (ASEAN) to accelerate coordinated development and foster new quality productive forces across the region. Wang, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks … Read more