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Pakistan

Peshawar’s Jail turns Qarun’s treasure

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Peshawar Central Jail or Qarun’s treasure. Whoever just goes and does his job. Everyone is made superintendent. Similar is the story of Mirza Afsar Khan of Peshawar Central Jail. They continue to extort money from people by threatening them. A 25-year-old prisoner is playing his whole role. Why do they give them beautiful beautiful servants?

And they place their duties where the prisoner tells them. As Adnan Dawood and Asim have installed completely new servants in the meeting room. Why because money talks. A few days ago, Superintendent Jail Waseem Khan warned through a voice

.To end this contract system within the prison. This proved to be so beneficial for the vice officer Khan Mirza that the shopkeepers. Anchor. meeting room And at the gate where the employee was on duty, everyone was told in a different voice that the superintendent was telling you and he warmed his pocket by collecting thousands of rupees.It has been made and Headquarter Superintendent Bajare is not even aware of it

Finance

Pakistan taking steps to improve governance, PM Shehbaz

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Prime Minister Shehbaz Sharif on Thursday said Pakistan was taking steps to improve governance, increase the tax net and ensure ease of doing business to attract foreign direct investment (FDI), state-run Radio Pakistan reported.

During a meeting with China Exim Bank President Dr Wu Fulin in Beijing today, the premier said the results of reform measures had started appearing as the “inflation in the food sector had been controlled to a great extent”.

He said that the current account deficit had narrowed and public debt had been brought to a more sustainable level, Radio Pakistan said.

On Tuesday, PM Shehbaz and most of the federal cabinet members landed in China’s tech hub of Shenzhen as they embarked on their five-day trip to the neighbouring country to seek more investThis is the premier’s first visit to China following the February 8 general elections, and will likely see the inauguration of the second phase of the China-Pakistan Economic Corridor (CPEC) project.The trip has led to a delay in the annual federal budget — usually presented in the first week of June — and is now expected to be presented next week after PM Shehbaz signs it off following his return, according to sources.

A day ago, the premier had empha­sised the need for business-to-business cooperation between the two nations and assured Chinese investors of all-out facilitation and foolproof security.

He had also invited technology giant Huawei to invest in Pakistan’s taxation and e-governance sectors besides enhancing its presence in the various Safe City projects operational across the country. The two nations also signed 32 memorandums of understanding (MoUs) to promote trade and investment.

Speaking to the Exim Bank president today, the prime minister said the upgradation project of the cross-country rail line, Main Line-1 (ML-1), was ready for investment, Radio Pakistan stated.

Highlighting Pakistan’s desire for Chinese investment in the revival of the Karachi Circular Railway project, PM Shehbaz said the country wanted to learn from its neighbour’s experiences to uplift the agriculture sector.

The prime minister appreciated Exim Bank’s continued support for the modernisation of Pakistan’s industries, agriculture and IT sectors, the report added.

Shehbaz and Fulin also discussed joint venture projects of the two countries and the possible role of the Chinese Exim Bank in trade financing as part of efforts to promote Pakistan’s exports in international markets, it stated. According to Radio Pakistan, Fulin stressed that every Pakistani project was a priority for the China EXIM Bank.

He emphasised the importance of economic and financial cooperation under CPEC Phase II and China Exim Bank’s strategic partnership with Pakistan. Meanwhile, PM Shehbaz also expressed Pakistan’s desire for Chinese investment in the ML-1 upgradation project in a meeting with China International Development Cooperation Agency (Cidca) Chairman Luo Zhaohui, Radio Pakistan reported.ments.

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Finance

Policy rate cut this year by SBP in line with inflation says Finance Minister of Pakistan

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Finance Minister Muhammad Aurangzeb expressed hope for a key policy rate cut this year by the State Bank of Pakistan (SBP) in “line with inflation” on Wednesday.

The comments come as a Reuters poll of market watchers found that the SBP is widely expected to cut its key interest rate next week by 100 basis points (bps) after holding it at a record 22pc for seven straight policy meetings.

Speaking at the Pak-China Business Forum in Shenzhen, the finance minister highlighted that the country’s foreign exchange had been stable “both on the back of administrative measures” and structural changes.

He also noted that inflationary pressure had slowed to just above 11 per cent, beating the market consensus ofinformation technology including artificial intelligence.

Besides, the company would also extend its support to Pakistan in establishing Safe Cities, e-governance and digitisation of the economy.

After visiting the Huawei headquarters, the prime minister took to X saying, “I was impressed by the latest innovative technologies that are changing the world and the way we live.”

In the meeting, they discussed how Huawei and Pakistan could collaborate to build a better digital future.

The prime minister also reiterated his commitment to advancing an innovative, inclusive and sustainable digital transformation for Pakistan. 14pc.

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Pakistan

AMAN March in District Paranchinar

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Aman March in Central Kurram district is a declaration of war against all kinds of evil elements including TTP The forces of Pakistan are with the security forces to maintain the atmosphere of peace and order in the region

 According to the details, recently there has been an air of terrorism in the Central Karam area of ​​the Khyber Pakhtunkhwa district of Karam. The participation of local elders, students and citizens, the purpose of the Aman March is to support national unity and unity with the Pakistan Army, but they have come out against all kinds of oppression, including TTP terrorists.

After Pakistan, the people of Central Kurram will prove to be like an iron wall, the first obstacle in the way of terrorism. Central Kurram is a very backward and deprived area.The residents of the area said that promises were made under the NFC award in the tribal areas, which no government has given priority to this relief fund. I have not achieved anything except the terrorist operation funerals, the lies of the governments are beyond tolerance and the local people are fed up with the lost business of terrorism.

The state must ensure the safety of the people. The young children have also made immense sacrifices for this country, no sacrifice will be spared in the future.

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