Govt

Trump knew hush-money payments were wrong: ex-lawyer Cohen

Trump knew hush-money payments were wrong: ex-lawyer Cohen

WASHINGTON DC: US President Donald Trump knew it was wrong to order election-eve hush money paid to two women who claimed to have had affairs with him, his former lawyer Michael Cohen said in an interview to be broadcast Friday.Trump acted because he “was very concerned about how this would affect the election,” Cohen told ABC […]

Govt lifts ban on automatic weapons licenses

Govt lifts ban on automatic weapons licenses

ISLAMABAD.: The government has reinstated all 90,000 licences of the prohibited bore. The Ministry of Interior had cancelled these licences last year.The ban has been lifted for the army generals and equivalent army officers while the ban of non-prohibited bore has been lifted for civil officers and common people.Pakistan biggest importer of Chinese arms: reportThe notification […]

Govt won’t become hurdle in path to accountability: Fawad Chaudhry

Govt won’t become hurdle in path to accountability: Fawad Chaudhry

ISLAMABAD (Dunya News) – Federal Information Minister Fawad Chaudhry on Wednesday said that the government won’t interfere in National Accountability Bureau (NAB) investigations.While speaking to the National Assembly session Federal Minister said that opposition is making noise because they do not want accountability but government has no intentions to interfere in accountability process.During the NA […]

Govt to unveil new economic roadmap: PM

Govt to unveil new economic roadmap: PM

KARACHI: Prime Minister Imran Khan on Sunday announced launching a new economic roadmap envisaging a strategy to overcome challenges and reset the country on the path to progress in the next six to nine months.The prime minister was on a day-long visit to the provincial metropolis during which he met representatives of the business community, Sindh Governor […]

Yemen govt wields Hodeida military threat as rebels stand firm in talks

Yemen govt wields Hodeida military threat as rebels stand firm in talks

RIMBO (AFP) – Yemen s government would not rule out an offensive on the key port of Hodeida if rebels refuse to withdraw, sparking an immediate rebuff by the Huthi insurgents as the warring sides met for UN-brokered talks on Friday.Nearly four years into a war that has pushed 14 million Yemenis to the brink of […]

Govt to receive Swiss Bank accounts details ‘soon’

Govt to receive Swiss Bank accounts details ‘soon’

ISLAMABAD:Special Assistant to Prime Minister on Accountability Mirza Shahzad Akbar has said the agreement between Pakistan and Switzerland on sharing of bank accounts details is signed and ratified and is being implemented since November 30.Speaking at a press conference on Wednesday, he said the agreement to gain information about foreign bank accounts of Pakistanis was a […]

Govt slashes non-salary budget by 10%

Govt slashes non-salary budget by 10%

ISLAMABAD: The federal government has decided to cut non-salary current budget of the civilian setup by 10% as part of its austerity drive –a move that will help save nearly Rs10 billion in the remainder period of fiscal year but would not address core fiscal problems.The Pakistan Tehreek-e-Insaf (PTI) government has also decided to continue with […]

Gov’t to invest $8 billion in Gwadar Oil City project

Gov’t to invest $8 billion in Gwadar Oil City project

ISLAMABAD (AFP) – In a recent development, $8 billion investment is expected in the Gwadar Oil City.Minister for Planning, Development and Reforms has informed the Senate Special Committee on China Pakistan Economic Corridor (CPEC) that the government was expecting $8 billion investment in Gwadar project.According to details, the investment will be made in the proposed […]

Minister puts rumours to rest, says govt not cancelling any contract

Minister puts rumours to rest, says govt not cancelling any contract

LAHORE: The Pakistan Tehreek-e-Insaf (PTI) government is not terminating any contract initiated by its predecessors, said Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan.Referring to rumours of renegotiation of the liquefied natural gas (LNG) deal with Qatar, Khan said that the LNG contract was for 15 years, the details of which could not be made […]

Govt plans to boost industrial sector: Dawood

Govt plans to boost industrial sector: Dawood

(Web Desk) – Advisor to Prime Minister Imran Khan on Commerce, Industries, Production and Investment Abdul Razak Dawood says the government is making proper planning and evolving effective policies to boost industrial sector.Addressing a meeting of exporters in Sialkot, he said that the business community is being taken into confidence to ensure complete implementation of […]

Govt not to artificially control rupee value: Finance minister

Govt not to artificially control rupee value: Finance minister

ISLAMABAD: Finance Minister Asad Umar on Friday said the federal government will no more artificially control the currency value, which analysts read as the beginning of implementation of prior actions suggested by the International Monetary Fund (IMF) for a bailout package.But Umar insisted that Pakistan did not accept the IMF’s demand for a total free float […]

Govt to borrow Rs200b to retire circular debt

Govt to borrow Rs200b to retire circular debt

ISLAMABAD: The government on Tuesday decided in-principle to borrow Rs200 billion, pledging public properties with six banks to pay back nearly 30% of circular debt, in a move that is expected to only temporarily ease financial woes of the power sector.The Economic Coordination Committee (ECC) of the cabinet conditionally cleared the summary to raise the loans […]

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