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K-Electric directed to resolve power-related issues in 10 days

Loadshedding in Karachi: MD K-Electric summoned by Sindh governor

Closing markets for two days a week: Asad Umar backs Sindh govt s decision

National April 4, 2021 KARACHI: Federal Planning and Development Minister Asad Umar Saturday backed the Sindh government’s decision to keep the commercial centres and markets shut for two days a week in view of alarming spread of coronavirus cases in the country. He was talking to media persons and businessmen during his visit to the Federation of Pakistan Chambers of Commerce & Industry here. Asad warned that a decision could be taken to shut the entire economy if timely steps were not taken for protection against the coronavirus infection. He said the government had promised to supply 900MW electricity to Karachi in the current year but now 1,000MW power would be supplied to the city.

Rupee can t be stabilised by pumping dollars into market: Asad

National April 4, 2021 ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar Saturday said the PTI through its prudential policies stabilised the exchange rate and the value of dollar had fallen to Rs152 from 168 without spending a single rupee from the foreign exchange reserves. He was talking to the media persons and businessmen during his visit to the Federation of Pakistan Chambers of Commerce & Industry here, reports Geo News. He said the rupee could not be stabilized by pumping dollars into the market. He said work on Rashakae and Faisalabad trade zones was also in progress. He said besides increased production of car and cement manufacturing, first time in history of Pakistan the quantum of monthly exports remained above $2 billion for consecutive seven months.

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