[ad_1] ISLAMABAD: The energy ministry has requested Rs48 billion in funds from the government to clear the dues of energy projects of the China-Pakistan Economic Corridor (CPEC). However, this sum will not be sufficient to clear the backlog, which has already reached Rs487 billion. The energy ministry made this request …
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[ad_1] ISLAMABAD: The new government’s steadfast commitment to economic revival and proactive approach to building upon the groundwork laid by the caretaker administration are encouraging signs. The government’s swift action in initiating negotiations with the IMF for another loan programme is necessary to address the substantial external financial deficit and …
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[ad_1] PHOTO: REUTERS BEIJING: Pakistani experts have lauded the significance of the “Two Sessions” in fostering global economic stability in the context of jointly building the Belt and Road Initiative, particularly China-Pakistan Economic Corridor (CPEC) initiatives. They believe that the foreign policies and incentives for foreigners in China during these …
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[ad_1] ISLAMABAD: Two Chinese commercial banks have linked their $600 million loans with the prior settlement of the debt that Pakistan owes to the Chinese power plants—a condition that Islamabad has refused to accept because of its implications on the budget and setting a wrong precedent. Government sources told The …
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[ad_1] ISLAMABAD: Two Chinese commercial banks have linked their $600 million loans with the prior settlement of the debt that Pakistan owes to the Chinese power plants—a condition that Islamabad has refused to accept because of its implications on the budget and setting a wrong precedent. Government sources told The …
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[ad_1] BEIJING: More Pakistani traders are settling in the Tashikurgan Tajik autonomous county of Kashgar in China’s Xinjiang Uygur autonomous region to tap the business potential. As the county is close to their homes, they said it was easy to commute and interact with the local community. A booming tourism …
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[ad_1] KARACHI: A high official of the United States has emphasised that the US and Pakistan have a “very strong” relationship and they have entered a new chapter of cooperation and development. In an interview with The Express Tribune, US Principal Deputy Assistant Secretary and Deputy Assistant Secretary responsible for …
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[ad_1] ISLAMABAD: The ruling elite will have to realise that without overhauling its governance system and business environment, it can neither revive the economy nor achieve the goals of Agenda 2047. Thus, whether they like it or not, things will have to undergo drastic changes. After analysing the ground realities …
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