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HEADLINES

19-May-2017

National Economic Council has approved Annual Development Plan for next financial year.

Prime Minister says the government has adopted people-centric approach for development.

A delegation of Chinese experts would visit Pakistan next month to review the suitability of Special Economic Zones in Sindh and Khyber Pakhtunkhwa.

Chairman APHC has voiced concerns over attempts of extremist Hindu organization RSS to change demography of Jammu and Kashmir. 

In Iran, people are casting votes to elect the president for next term.       

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ADP

National Economic Council has approved Annual Development Plan for next financial year.

The approval was given in a meeting presided over by Prime Minister Muhammad Nawaz Sharif in Islamabad today.

Addressing the National Economic Council meeting, Prime Minister Nawaz Sharif said Pakistan's economic indicators have significantly improved and this is acknowledged by international financial rating institutions.

He said the GDP growth rate of 5.28% for the current financial year is commendable.

The Prime Minister said Pakistan is now among the fastest growing economies of the world.

Mian Nawaz Sharif said Federal and Provincial governments are working in harmony for development of the country. He said development should not be politicized as it is for prosperity of every Pakistani.

The Prime Minister informed the participants of the meeting that China-Pakistan Economic Corridor projects are being completed on fast track basis.    

He said the government is focusing on energy projects. He said not only power supply is priority of the government but it is providing affordable power supply for consumers.

Nawaz Sharif said the government is also focusing on a balanced mix of sources for energy including LNG, Coal, Hydel, Solar and Wind.

ADP - II

Describing infrastru ture as key to development, he said the government is concentrating on  roads and communication networks.

The Prime Minister said the Government has adopted people centric approach  for development planning.

Prime Minister of Azad Kashmir, Governor KPK and Chief Ministers of Punjab, Sindh, KPK, Balochistan and Gilgit-Baltistan attended the meeting besides federal and provincial ministers concerned.

DAR

Finance Minister Ishaq Dar says the targeted GDP growth rate will be six percent for the next fiscal year.      

He was chairing a meeting to review budget preparations in Islamabad.

The Minister said current year's economic growth rate of 5.25 percent is the highest one in the last decade.      

Ishaq Dar said tax receipts significantly increased due to prudent polices of the government, which played an important role in achieving targets for economic growth and development.

ZONES

A delegation of Chinese experts would visit Pakistan next month to review the suitability of Special Economic Zones in Sindh and Khyber Pakhtunkhwa.

Spokesman Board of Investment Shah Jhan Shah said a total of seven zones had been approved for facilitating the investors through one window operation.

He said three each zones would be established in Punjab and Sindh while one in KPK.

Responding to a question, he said nine more industrial zones have been approved for high tech industry to enhance the exports and provide employment opportunities in the country.

CM-HEALTH

Punjab Chief Minister Shahbaz Sharif says Prime Minister's Health Insurance Scheme will soon be expanded to thirty-two districts of the province.

He was chairing a meeting on the reforms and measures for the improvement of healthcare system in Lahore today.

The Chief Minister said a modern system has been introduced to buy, distribute and deliver medicines.

Shahbaz Sharif said additional one hundred mobile health units will be imported to provide standard medical facilities to the people of far-flung areas.

GOVERNOR

Governor Sindh Muhammad Zubair has said with completion of CPEC, a new era of peace and prosperity will start and will open up new employment opportunities.

He was talking to a British delegation of Royal College of Defense Studies in Karachi today. 

The Governor said with the restoration of peace, Karachi has become an ideal city for foreign investment. 

Muhammad Zubair emphasized on collective endeavors to promote bilateral trade between Pakistan and Britain.                                             

AGRICULTURE

The federal government is spending two point six billion rupees on the promotion of agriculture in the Federally Administered Tribal Areas.   

Official sources told our Peshawar correspondent that twenty food processing and preservation units are being established across tribal areas.

Efforts are underway to open at least one fruit and vegetable market in each tribal agency for the benefits of tribal farmers.

The sources said thirty thousand acres of agriculture land will be leveled through laser technology to bring maximum area under cultivation in the tribal belt.

PROJECTS

Khyber Pakhtunkhwa Revenue Minister Sardar Ali Amin Khan Gandapur has said timely completion of development projects in District Dera Ismail Khan is among top priorities of the government.

During a ceremony in Shorkot area of D.I. Khan today, he said he said work is in full swing on different projects of education, public health and irrigation sectors at a cost of nine billion rupees.

PSX

The Chairman of Pak-Britain Business Council Julian Hamilton Barns has said that Pakistan’s economic development is impressive and the country will be an important part of the world economy in next few decades.

He was talking to media during his visit to the Pakistan Stock Exchange in Karachi this morning.

The Chairman PBBC said Britain also wishes to be a part of Pakistan's developmental process.

Earlier, the Chairman of Pak-Britain Business Council started the trading process in PSX by ringing the traditional gong.

APHC

In occupied Kashmir, the Chairman of All Parties Hurriyet Conference, Syed Ali Gilani, has said that extremist Hindu organization, Rashtriya Swayamsevak Sangh is working to change the demographic composition of Jammu and Kashmir.   

In a statement issued in Srinagar, he expressed serious concerns over the reports of proposed public meeting being organized in Srinagar by the RSS.

He said, after Jammu region, Kashmir is the next target of RSS for furthering their bigoted agenda.

CHINA-KOREA

China says it wants to put ties with South Korea back on a normal track.

This has been stated by Chinese President Xi Jinping during his meeting with a South Korean delegation which called on him in Beijing.

Xi Jinping urged Seoul to respect its concerns and resolve tensions over the deployment of a US anti-missile system that it opposes.

JAPAN

In Japan, the cabinet has approved a bill  that would allow Emperor Akihito to step down.

This step will pave the way for the first abdication by a Japanese emperor in nearly two centuries.

The bill will be sent to parliament, where lawmakers are aiming to pass it before the current session ends next month.

POLLING

In Iran, polling is underway in the twelfth presidential election.

Four candidates including incumbent President Hassan Rouhani, Seyyed Mostafa Hashemi-Taba, Seyyed Ebrahim Raeisi and Seyyed Mostafa Mirsalim are in the run.

Over fifty million Iranians are register to cast their votes.

HAMA

Syrian army has regained full control of two central villages from the Islamic State group.

According to Syrian Observatory for Human Rights, troops and allied militiamen retook villages of Aqareb and Al-Mabujeh in Hama province a day after the militants attacked them.

The IS attack had killed 25 civilians and 27 pro-government fighters.

TRUMP

US President Donald Trump at beginning of his first overseas visit is reaching Saudi Arabia today to discuss Middle East issues.

During his two-day visit of Saudi Arabia, Trump plans to sign bilateral military, economic and counterterrorism agreements with Riyadh.

 


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