
Finance Minister Ishaq Dar says the first installment of 6.64 billion dollars loan approved by the International Monetary Fund (IMF) will be received soon. Addressing a joint news conference with Punjab Chef Minister Shahbaz Sharif in Islamabad today (Thursday)‚ he said it will help enhance reserves of the country. The IMF has approved a […]

Pakistan on Thursday condemned discrimination approach about nuclear technology and observed that the “discriminatory trends and policies that could have serious implications for Pakistan’s national security and the global non-proliferation regime.” The remarks came just days after American media reported that the United States has allocated billions of dollars for the monitoring of Pakistan’s nuclear […]

Prime Minister Nawaz Sharif Thursday said President Zardari has played a vital role in strengthening democratic system and surrendered his powers to the parliament. Speaking at a farewell lunch in honour of President Asif Ali Zardari in Islamabad he said it is a unique occasion in the country’s history that a democratically elected President […]

The National Command Authority at its meeting in Islamabad Thursday reaffirmed that Pakistan’s nuclear assets are completely safe. The meeting‚ was presided over by Prime Minister Nawaz Sharif, at a time when Washington Post reported the US has allocated billions of dollars to spy on Pakistan’s nuclear arsenal. Director General of Strategic Planning Division Khalid […]

Pakistan Thursday warned that any military attack on Syria will have serious consequences and plunge the already volatile region into deeper conflict. Foreign Office Spokesperson Aizaz Ahmad Chaudhry said the approach to address the Syrian situation should be guided by principles enshrined in the UN charter like respect for sovereignty‚ territorial integrity‚ non interference in […]

Foreign Ministry spokespersons of Pakistan and China have agreed to maintain close contact and encourage regular exchange of media delegations between the two countries, the Foreign Ministry said on Thursday. They further agreed that the two Spokespersons would coordinate public diplomacy messaging on key foreign policy issues of mutual interest and would also liaise on […]

Prime Minister Nawaz Sharif is presiding over a meeting of the National Command Authority in Islamabad following US media reports that Americans have allocated billions of dollars to monitor Pakistan’s nuclear programme. The meeting is holding in-depth discussion on the recent tension at the Line of Control and the fallout of any US attack on […]

The daylong “D-10 Forum” started deliberations in Islamabad on Thursday to review and coordinate development agenda. All major development partners, Ambassadors, Government of Pakistan, provincial governments and other key institutions are participating with Secretary Economic Affairs Division, Ms. Nargis Sethi in the chair. The Forum affords unique opportunity to Government of Pakistan, Provincial Governments and […]

The International Monetary Fund (IMF) has approved a 6.7-billion-U.S. dollar loan program for Pakistan to support the country’s economic reform to promote inclusive growth. The three-year loan arrangement under the Extended Fund Facility (EFF) was authorized by the IMF’s executive board, and the approval enabled an initial disbursement of 540 million dollars, the IMF said […]
President Asif Ali Zardari, who completes hive five-year term next week, says he will work for democracy. He was talking to a delegation comprised former Prime Ministers Syed Yousaf Raza Gilani‚ Raja Pervaz Ashraf and a group of ex parliamentarians from Punjab in Islamabad on Wednesday. The participants of the meeting congratulated the President for […]

U.S. Ambassador Richard Olson signed Wednesday on behalf of the Overseas Private Investment Corporation (OPIC) a $95 million [over Rs 9.96 billion], ten-year loan to Sapphire Wind Power Company to build a 50-megawatt (MW) wind power plant in the Ghoro-Keti Bandar wind corridor near Jhimpir in Sindh. Chief Executive Officer Nadeem Abdullah signed on behalf […]

The Federal Government Wednesday announced to launch “targeted action” in the violence-hit Karachi against terrorists‚ target killers‚ kidnappers for ransom and extortionists. Rights groups say that nearly 1800 people were killed during terrorist and targeted attacks in the first six months of this year. Interior Minister, Chaudhry Nisar Ali Khan, said hundreds of criminals have been […]