Five working days for Pakistanis
On June 7, the Pakistani cabinet approved the energy-saving plan, which stipulates that the working hours per week will be reduced from 6 to 5 days to reduce energy consumption According to a Reuters report on June 7, Pakistan is experiencing economic difficulties, the rupee has hit a record low against the dollar, and the […]
Pakistan receives $258 million from World Bank for it’s national health support program
According to CCTV news a Chinese news outlet, on June 8, Pakistan’s “National Health Support” program was approved by the World bank $258 million in funding provided. The world bank statement said the funds will be used to improve Pakistan’s primary healthcare system.
Bus in Pakistan crashes carrying Chinese nationals
At least 22 people were killed when a bus crashed into a valley in Pakistan’s southwestern Baluchistan province on June 8.According to local media reports, the bus carrying about 25 people was involved in an accident in the Qila Saifula area of Baluchistan. According to Mohammad Qasim, the deputy commissioner of the Qila saifula region, the […]
Pakistan likely to impose super tax on Commercial banks
According to Pakistan’s “Express Tribune” a news agency on June 7th , citing government sources, the Pakistani government may increase the super tax of commercial banks by 3 percentage points to 7%, and pay more attention to the profits generated from loans to the government. Pakistan levied a one-time super tax of 4% and 3% on […]
China to assist Pakistan in attaining efficient and stable energy supply
Few days ago, reporters of a Chinese news outlet visited the Lahore energy station of Pakistan’s Matiari-Lahore DC transmission line project, and what caught his eye was the 500 kV AC field generator composed of different marvelous parts representing the ingenuity of modern engineering architectures. 23 Chinese employees and 38 Pakistani employees stick to the […]
Pakistani security forces operation against terrorists in KPK province
Pakistani security forces kill 7 terrorists in KPK Province operation On June 5, the Ministry of Inter services public relations issued a statement saying that the Pakistani security forces carried out two separate operations in North Waziristan and Banu areas of KPK Province, killing seven terrorists and seizing large cache of Weapons and ammunition
Pakistan sets higher goal for next fiscal year for tax revenue at $34.6 billion, Government considers raising tax on edible oil imports
Pakistan’s Federal Board of revenue (FBR) has discussed with Prime Minister Sharif a detailed plan to increase tax revenue by Rs 4,000-4,500 crore to achieve Rs 7.2 trillion in the new fiscal year. Business recorder an analytical news outlet reported that Pakistan has set a target of 34.6$ dollars for tax accumulation for this fiscal […]
Pakistan’s prime minister revises federal cabinet
On June 3rd ,Pakistani Prime Minister Shahbaz Sharif decided to reduce the number of federal cabinet members and cut gasoline quotas for cabinet members to deal with the challenge of inflation. On June 2nd, the Finance Minister of Pakistan announced that the price of gasoline and diesel will be raised, which is the second time […]
Gwadar East Bay express way project under CPEC opens in Pakistan
The opening ceremony of China-aided East Bay Expressway in Pakistan’s Gwadar was held on 3rd June, marking the official opening of the external connection road in the Gwadar port area. the Gwadar East Bay Expressway starts from Gwadar Port in the south, with a total length of 19.49 kilometers, and the end point is connected […]
Chinese navy one step ahead of American! Chinese aircraft carriers now carry drones
The U.S. aircraft carrier is famous for its complete configuration of carrier-based aircraft, ranging from fighter jets, electronic attack aircrafts early warning aircrafts to helicopters and transport aircrafts. It greatly increases the strike range of US navy. But what the United States did not expect is that although the Chinese navy has just started in the […]