Law minister says Punjab will decide on referring Imran Khan to military court Dtrends

Law minister says Punjab will decide on referring Imran Khan to military court Dtrends

Federal Law Minister Azam Nazeer Tarar has stated that it is not within his jurisdiction to decide where the case against former DG ISI Lt-Gen (retd) Faiz Hameed will proceed, but if necessary, the Punjab government will decide whether to refer Imran Khan’s case to a military court. During an informal conversation with journalists in … Read more

Finance minister unveils new incentives for foreign investors amid push for external financing D_Trends

Finance minister unveils new incentives for foreign investors amid push for external financing D_Trends

Finance Minister Muhammad Aurangzeb announced new policy measures on Thursday aimed at enhancing Pakistan’s investment environment and attracting foreign investors, according to Radio Pakistan.  The finance minister chaired a review meeting in Islamabad with representatives from joint venture investment firms, including Pak-Brunei Investment Company Limited and Saudi-Pak Industrial and Agricultural Investment Company.  The discussion focused … Read more

Web Monitoring System being used for blocking online content in Pakistan, reveals minister Dtrends

Web Monitoring System being used for blocking online content in Pakistan, reveals minister Dtrends

A representational image showing computer codes on a laptop screen. — Unsplash/File PTA is mandated to block “unlawful content”, says minister. Authority carrying out its function under Section 37 of Peca 2016. WMS uses Deep Packet Inspection technology to block VPN traffic. LAHORE: The National Assembly has been informed that the Pakistan Telecommunication Authority (PTA) … Read more

Pakistan will ‘certainly invite’ India’s Modi to SCO summit, says defence minister Dtrends

Pakistan will ‘certainly invite’ India’s Modi to SCO summit, says defence minister Dtrends

Defence Minister Khawaja Asif (left) and Indian Prime Minister Narendra Modi. — AFP/Reuters/File Asif says “yes, certainly there should be no doubt about it”. Defence minister says India invited Bilawal to moot in 2023. Asserts Pakistan should complete Iran gas pipeline project.  As Pakistan gears up to host the Shanghai Cooperation Organisation (SCO) moot in … Read more

Swiss minister calls US-EU debt ‘time bomb’ D_Trends

Swiss minister calls US-EU debt ‘time bomb’ D_Trends

ZURICH: Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an interview with Swiss daily Blick, Keller-Sutter extolled Switzerland’s “disciplined” finances, which she said had enabled the country to deal with the … Read more

Amid closure report, minister says utility stores ‘being restructured’ Dtrends

Amid closure report, minister says utility stores ‘being restructured’ Dtrends

People stand in a queue while waiting for their turn outside a utility store in Hyderabad. — APP/File  Federal minister stresses need to bring reforms for utility stores. Some USC employees benefitting from subsidy, says Tanveer. Govt’s move prompted strong criticism and protests. LAHORE: Following the government’s plan to shut down utility stores across the … Read more

Extension in judges’ tenure not under consideration ‘for now’: information minister Dtrends

Extension in judges’ tenure not under consideration ‘for now’: information minister Dtrends

Federal Minister for Information and Broadcasting Attaullah Tarar addressing a press conference on March 17, 2024. — APP Federal Minister for Information and Broadcasting Attaullah Tarar has clarified that the federal government is not considering any option to extend judges’ tenure, rebutting speculations that the federal government is planning to introduce judiciary-centric legislation in parliament. … Read more

All major economic indicators showing positive trends, says finance minister  D_Trends

All major economic indicators showing positive trends, says finance minister  D_Trends

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Thursday that Pakistan has achieved macroeconomic stability, with all major economic indicators showing positive trends.  Senator Aurangzeb made these remarks while addressing the Inaugural Ceremony of the Buna-Raast Connectivity Project Implementation Phase. He emphasized that the country is currently experiencing a phase of economic … Read more

Finance minister sees IMF approval for $7 billion bailout package next month D_Trends

Finance minister sees IMF approval for  billion bailout package next month D_Trends

Finance Minister Muhammad Aurangzeb.  — Ministry of Finance Pakistan yet to sign LoI as formal request for IMF approval. Seeks $7 billion deal under IMF’s EFF programme. Islamabad and IMF struck staff level agreement in July. The government in Islamabad has said it is making good progress with the International Monetary Fund (IMF) and hopes … Read more

Pakistan’s electricity is the most expensive in the region, confirms Energy Minister D_Trends

Pakistan’s electricity is the most expensive in the region, confirms Energy Minister D_Trends

ISLAMABAD: Pakistan’s Federal Minister for Energy, Awais Leghari, has candidly admitted that the country has the highest electricity costs in the region. Speaking at the National Youth Convention in Islamabad, Leghari emphasized the government’s commitment to addressing these high costs, particularly through resolving ongoing issues with Independent Power Producers (IPPs). Leghari revealed that, contrary to … Read more