monthly archives: October 2019

JCC of CPEC to meet on November 6: Pakistan to request China for financing ML-1 project under soft conditions ISLAMABAD: Pakistan has decided to make fresh request to China for getting lucrative package of over $8.5 billion for construction of much-awaited railways Mainline (ML-1) from Peshawar to Karachi. In the upcoming Joint Coordination Committee (JCC) […]

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UAE Pakistan Assistance Programme helps alleviate country’s educational woes The Pakistan Assistance Programme, funded by the United Arab Emirates, is dedicated in helping the country overcome a number of humanitarian crises, including educational impediments which it has overcome through the establishment of schools in Pakistan’s underdeveloped areas. Since the project’s launch in 2012, more than […]

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Economy shows signs of improvement on IMF support KARACHI: Economy is showing signs of stabilisation, helped by IMF support and planned capital injections in development projects during the current fiscal year, and is on track to meet the government’s 2019/20 growth target of 4 percent, the central bank said on Monday. “Development spending may play […]

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China says some states pursuing political agenda against Pakistan in FATF Photo: File BEIJING: Reiterating its support to Pakistan at the Financial Action Task Force (FATF) platform, China has categorically announced that it does not want the forum to be politicised as some countries were pursuing their political agenda in a bid to blacklist Pakistan. […]

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Pakistan and the FATF’s sword of damocles The Financial Action Task Force’s decision-making body, the FATF Plenary, decided to keep Pakistan on the list of ‘Jurisdictions with Strategic [Anti-Money Laundering and Combating the Financing of Terrorism or AML/CFT] Deficiencies’ – or the so-called ‘Grey List’. Whereas the plenary acknowledged the progress Pakistan made “towards improving […]

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Pakistan’s support to Kashmiris will go on: PM ISLAMABAD: Prime Minister Imran Khan said on Sunday that the entire nation continues to stand with the people of Indian Occupied Kashmir (IOK) and will do so in the future as well as the nation marked Oct 27 as Black Day in support of their Kashmiri brethren. […]

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US voices Kashmir concern as lawmakers raise tone on India WASHINGTON:  The United States on Tuesday renewed calls on India to ease its clampdown in Kashmir as several lawmakers voiced anger at actions by a country that usually enjoys strong US support. Alice Wells, the assistant secretary of state for South Asia, said that the […]

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Russia, Turkey reach ‘historic’ deal on Syria border SOCHI: Russia and Turkey agreed on Tuesday to ensure Kurdish forces withdraw from areas close to Syria´s border with Turkey and to launch joint patrols, in a deal hailed as “historic” by President Recep Tayyip Erdogan. After marathon talks in Russia´s southern city of Sochi, Erdogan and […]

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PM Imran strongly condemns Indian firing on civilian population ISLAMABAD: Prime Minister Imran Khan Sunday strongly condemned the unprovoked firing by the Indian occupation forces targeting the civilian population along the Line of Control. Also read: Pak Army kills nine Indian soldiers in response to unprovoked firing at LoC The prime minister prayed for eternal […]

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Pakistan advised ‘optimal use’ of World Bank’s resources     ISLAMABAD: The World Bank has advised Pakistan to ensure ‘optimal’ use of the bank’s financial assistances and assured the country of continued support to economic development, a government statement said on Monday. World Bank Managing Director Axel Van Trotsenburg said this during a meeting with […]

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