ISLAMABAD: Rating agency Moody’s on Thursday assigned B3 ratings to Pakistan’s dollar-denominated bonds, citing the country s robust long-term growth potential as it concluded the first.
Flagship CPEC power transmission line shelved till Sept
Business
April 2, 2021
LAHORE: The launching of flagship China Pakistan Economic Corridor (CPEC) 4,000mw South-North transmission line project has been delayed to September 2021, making grid stability and power affordability another pipe dream for now, The News has learnt.
The delay has been attributed to outstanding work, pending on the part of both state-owned transmission company and the contractor.
According to the Memorandum of Understanding signed between National Transmission and Despatch Company (NTDC) and the Chinese company, Pak Matiari-Lahore Transmission Company Pvt Ltd (PMLTC), it is clearly mentioned in the clause 6 that: Both Parties shall complete their outstanding works at the earliest to guarantee that the extended COD (commercial operation date) will be realised not later than 01.09.2021 .
Imran no more PM after cabinet rejects summary, claims Abbasi
National
April 2, 2021
ISLAMABAD/LAHORE: The Pakistan Muslim League-Nawaz (PML-N) Thursday said Imran Khan should know that morally he was no more prime minister after the federal cabinet had rejected his summary for import of sugar and other items from India.
Addressing a press conference here with Ahsan Iqbal, Abbasi demanded that the Supreme Court should expose those behind the kidnapping of polling staff in NA-75 Daska by-elections in the light of geo-fencing report of the presiding officers.
âThis is not only a matter of results of by-elections, but also of kidnapping of the polling staff to steal the elections,â he said. Alleging that the government was responsible for the whole situation, Abbasi said it was now binding on the Supreme Court to expose those behind attempting to steal the elections.
Top Story
April 2, 2021
ISLAMABAD/LAHORE: The Pakistan Muslim League-Nawaz (PML-N) Thursday said Imran Khan should know that morally he was no more prime minister after the federal cabinet had rejected his summary for import of sugar and other items from India.
Addressing a press conference here with Ahsan Iqbal, Abbasi demanded that the Supreme Court should expose those behind the kidnapping of polling staff in NA-75 Daska by-elections in the light of geo-fencing report of the presiding officers.
“This is not only a matter of results of by-elections, but also of kidnapping of the polling staff to steal the elections,” he said.
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