PM speaks to nation over phone today
Top Story
May 11, 2021
ISLAMABAD: Prime Minister Imran Khan Monday paid a surprise visit to the Pakistan Institute of Medical Sciences (PIMS) Covid-19 ward and interacted with the staff and patients.
Following the standard operating procedures (SOPs), the prime minister visited the hospital and was briefed by doctors about the virus, number of patients and their condition and availability of related facilities for them. Imran reemphasized strict adherence to the corona SOPs for complete prevention. Imran Khan will speak again directly to the people over the phone Tuesday (today) at 1:30PM and answer questions. PTI Senator Faisal Javed said, “Prime Minister Imran Khan will once again speak to you directly on the phone.” Senator Faisal Javed said the conversation of people with Prime Minister Imran Khan would be broadcast live on television, radio and digital media. The prime minister could be contacted at 9224900-051 at 1.30 pm.
Govt determined to involve private sector in development process: Imran Khan
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Govt determined to involve private sector in development process: Imran Khan
ISLAMABAD (Dunya News) - Prime Minister Imran Khan said government is fully determined to involve private sector in the development process as it is very crucial keeping in view of the public need.
He was addressing a meeting in Islamabad today (Monday) regarding various development projects under Public Sector Development Program and projects completed with the participation of private sector.
Imran Khan said Board of Investment is being activated to facilitate local and foreign investors.
He directed the governments of Punjab and Khyber Pakhtunkhwa to present progress report on the implementation of federal and provincial development projects; besides submitting detail of the future plans, their distribution at the local level and the progress made so far.
National
May 8, 2021
ISLAMABAD: Former minister for finance Dr Hafiz A Pasha has warned that the IMF programme could land into suspension mode if Pakistan showed its inability to undertake structural reforms and tough conditionalities in the wake of the third wave of Covid-19 pandemic. He also said that Pakistan should reduce the power tariff for industrial sector instead of hiking the tariff on the IMF demand in order to generate increased requirement for electricity
“Pakistan will have to manage $40 billion debt obligations for repayment over the next three years and the financing of multilateral donors may dry up after suspension of the Fund-sponsored program. As a result of PM’s visit, Saudi Arabia may resume oil facility on deferred payment but it is unlikely that they will provide major financing requirement keeping in view their own increased budget deficit,” former minister for finance Dr Hafiz A Pasha said in a pre-budget 2021-22 webinar organized by the Pakistan I
National
May 8, 2021
ISLAMABAD: Former minister for finance Dr Hafiz A Pasha has warned that the IMF programme could land into suspension mode if Pakistan showed its inability to undertake structural reforms and tough conditionalities in the wake of the third wave of Covid-19 pandemic. He also said that Pakistan should reduce the power tariff for industrial sector instead of hiking the tariff on the IMF demand in order to generate increased requirement for electricity
“Pakistan will have to manage $40 billion debt obligations for repayment over the next three years and the financing of multilateral donors may dry up after suspension of the Fund-sponsored program. As a result of PM’s visit, Saudi Arabia may resume oil facility on deferred payment but it is unlikely that they will provide major financing requirement keeping in view their own increased budget deficit,” former minister for finance Dr Hafiz A Pasha said in a pre-budget 2021-22 webinar organized by the Pakistan I
Govt to Renegotiate New Taxes and Electricity Tariffs With IMF
The government will renegotiate the conditions of the hiking of the power tariff and the raising of tax revenues with the International Monetary Fund (IMF).
This was stated by the new Minister for Finance, Shaukat Tarin, during his first address at a meeting of the National Assembly Standing Committee on Finance at the Parliament House. The meeting was chaired by Faiz Ahmed Kamoka.
Minister Tarin said that the IMF has imposed very harsh conditions under its $6 billion Extended Fund Facility (EFF) program, and that the economic consolidation that has been going on since 2019 has caused difficulties on the economic front. He added that he has been trying to convince the IMF to be lenient to Pakistan in consideration of the third wave of the pandemic.