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IMF bailout on the cards for next government, say analysts

Pakistan’s next government, to be chosen in a July 25 election, faces growing fears of a balance of payments crisis with speculation it will have to seek its second IMF bailout in five years, analysts say. The central bank is running down its foreign reserves and devaluing the currency in a bid to bridge a…

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Ceasefire in Afghanistan positive sign for peace, says President

Ceasefire in Afghanistan is a positive sign for regional peace, said President Mamnoon Hussain on Sunday. He was addressing the Shanghai Cooperation Organisation (SCO) Summit at Qingdao in China. He said that peace and stability in Afghanistan is our common objective and Pakistan is playing its due role. According to him, Pakistan and Afghanistan are…

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Balochistan headlines: No political agenda, first right, delimitation

Samaa Digital brings you the major headlines from newspapers across Balochistan. 1. No harm in postponing elections: CM Balochistan Daily Azadi, Quetta Alauddin Marri took oath as the caretaker chief minister of Balochistan in a ceremony in Quetta on Friday. Speaking to reporters, he said Replying to a question about the demand for delay in…

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Balochistan headlines: Peace restored, voter turnout, war of interests

Samaa Digital brings you the major headlines from newspapers across Balochistan. 1. Peace restored in Balochistan: PM Daily Jang, Quetta Prime Minister Shahiq Khaqan Abbasi has said that peace has been restored in Balochistan and now everyone should play their role for prosperity of the province. “There are vast opportunities of development in Balochistan which…

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Vice Chairman Chinese Central Military Commission visits Naval Headquarters

Vice Chairman of Chinese Central Military Commission, General Zhang Youxia visited Naval Headquarters Islamabad and called on Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi. Upon arrival at Naval Headquarters, General Zhang Youxia was received by Admiral Zafar Mahmood Abbasi. A smartly turned out contingent of Pakistan Navy presented him the Guard of Honour….

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China says will welcome if Afghanistan wants to join CPEC

China will welcome Afghanistan to become part of CPEC as the economic corridor will help bring about peace in Afghanistan, said the Chinese ambassador in Pakistan. Yao Jing, China’s ambassador in Pakistan, told SAMAA that it will be a positive move. “Economic cooperation will also bring about peace in Afghanistan,” he said. “Reconciliatory process is…

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PM Abbasi: Central Asian countries interested in accessing Gwadar, Karachi ports

Prime Minister Shahid Khaqan Abbasi says greater efforts are being made for optimal exploitation of Pakistan’s Exclusive Economic Zone. He was addressing an International Maritime Symposium, under the auspices of Bahria University, in Islamabad today with the theme of “Impact of Belt and Road Initiative on Geo-Economics of Indian Ocean Region”. The Prime Minister pointed…

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China fails to get Indian support for Belt and Road ahead of summit

BEIJING – China failed to get India’s support for its ambitious Belt and Road infrastructure project at the end of a foreign ministers’ meeting of a major security bloc on Tuesday, ahead of an ice-breaking trip to China this week by India’s prime minister. The Belt and Road is Chinese President Xi Jinping’s landmark scheme…

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Some lobbies not happy with CPEC: Ahsan Iqbal

KARACHI: Pakistan will become a hub of economic development with the help of China Pakistan Economic Corridor, said Interior Minister Ahsan Iqbal on Monday. Addressing the inaugural session of a two-day CPEC summit, being hosted by Dawn Media Group in collaboration with the Ministry of Planning and Development at Bagh-i-Jinnah, he said the present era…

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Economic zones under CPEC to provide worldwide investment opportunities: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said multibillion dollar China Pakistan Economic Corridor project will not only contribute to the development of Pakistan but also to the entire region. He was addressing a Seminar titled ‘the CPEC Summit ‘ organized jointly by the Ministry of Planning and Development and a private media outlet in…

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Post-mortem: Pakistan’s alarming export decline in PML-N govt

Report by: Shakeel Ahmed Nawaz Sharif had claimed that Pakistan will soon become ‘Asian Tiger’; however, at end of his five-year government, the situation is quite different, as the country’s economy is struggling. It is dragged down by the sharp decline in export in almost all sectors. Watch this report…

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Is CPEC boosting local investment in Pakistan?

The China Pakistan Economic Corridor has brought historic investment to the country; however, some economists are of the view that the PML-N government, during its five-year tenure, has failed to convince local investors to join the $62 billion project of regional connectivity.

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Pakistan to be major contributor to BRI through CPEC: PM Abbasi

BEIJING: Prime Minister Shahid Khaqan Abbasi has said that his government together with China looked forward to making Pakistan a major contributor to “building a community of shared future for mankind through China Pakistan Economic Corridor (CPEC).”       “Together with China, we look forward to making Pakistan a major contributor to ‘building a community of shared future…

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CPEC fruits: Chinese to be taught at Peshawar schools

  Chinese will be taught at schools in Peshawar The district government of Peshawar has decided that the new term will introduce the Chinese language. “Without the knowledge of Chinese, it will be difficult to progress in the future,” said the nazim, Arbab Asim. He said learning the language will open new avenues for students….

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CPEC to be completed till 2030: Ahsan

LAHORE: Interior Minister Ahsan Iqbal has said China Pakistan Economic Corridor will be completed in three phases till 2030. Addressing a ceremony in Lahore today, he said in first phase of CPEC, energy and physical infrastructure will be developed by 2020 in the country. Interior Minister said government is taking concrete measures to overcome energy…

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Pakistan to become South Asia’s industrial hub after CPEC completion: Ahsan

ISLAMABAD: Minister for Interior Ahsan Iqbal on Sunday said Pakistan would become an industrial hub of South Asia after the completion of CPEC. Talking to State-TV, the minister said the mega project is a game changer for Pakistan as it would bring improvement in social infrastructure, energy, industrial cooperation, agriculture and many other sectors, besides…

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Transport corridors imperative to connect nations, promote trade: Ahsan

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said future of Asian countries depends on promotion of trade and commerce and connectivity through transport corridors. Transport corridors help connect the countries and play pivotal role in economic integration, trade development and regional connectivity across the globe. At a launching ceremony of…

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CPEC to transform Pakistan into economic power: Sartaj Aziz

ISLAMABAD: Planning commission Deputy Chairman Sartaj Aziz on Wednesday said that China Pakistan Economic Corridor (CPEC) was vital for the whole region and was not against any country but for the peace and prosperity of all nations around the globe. He was addressing the session on CPEC during second day of Pakistan Capital investment summit…

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Govt releases Rs30 billion for Hakla-DI Khan expressway

ISLAMABAD: The federal government has released Rs30.435 billion for construction of Hakla to Dera Ismail Khan expressway under the Public Sector Development Programme (PSDP) 2017-18. In PSDP 2017-18, the government had allocated Rs38 billion for the project, a latest data released by Planning Commission suggested. Work on the 285 kilometers section of western route of…

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CPEC is key to regional prosperity, sustainable peace: Janjua

ISLAMABAD: National Security Adviser (NSA) Lt General (R) Nasser Khan Janjua Thursday said China Pakistan Economic Corridor (CPEC) is key to regional prosperity and to sustainable peace in the region. He was talking to Deputy General Secretary of the One Belt One Road Center, Chinese Academy of Social Sciences, Xu Wenhong. Besides the prospects of…

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Energy projects under CPEC included in active list: Ahsan Iqbal

ISLAMABAD:Minister for Planning, Development and Reforms, Prof Ahsan Iqbal on Wednesday said that under China Pakistan Economic Corridor (CPEC) the energy projects are included in the active list with power capacity of 11110 MW. Speaking in the Senate during question hour, the minister said that Pakistan and China has agreed in May 2017 to adjust…

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