NEC Approves Rs2.5 Trillion National Development Budget

ISLAMABAD, May 19 (APP): The National Economic Council (NEC) on Friday approved country’s consolidated development budget of Rs2.5 trillion for the upcoming financial year (2017-18), showing highest-ever increase in the overall national outlay. This included Rs 1001 billion Federal Public Sector Development Programme (PSDP), Rs1112

KP Politicians, Academicians Term Pm Visit To China Highly Successful

PESHAWAR, May 18 (APP): The politicians, leaders of business community and academicians of Khyber Pakthunkhwa here Thursday termed the visit of Prime Minister Muhammad Nawaz Sharif to the brotherly country of China and Hong Kong was highly successful and inclusive in all respect. They said

AIIB Absorbs New Members In Accordance With Agreement: China

BEIJING, May 17 (APP): While commenting on Japan’s intention to join the Asian Infrastructure Investment Bank (AIIB), a Chinese Foreign Ministry Spokesperson said on Wednesday that AIIB was an open and inclusive multilateral organization for development and it absorbed new members in accordance with the

Ahsan Rubbishes Rumours About CPEC

LAHORE, May 18 (APP): Federal Minister for Planning, Development & Reforms Ahsan Iqbal on Thursday said that China-Pakistan Economic Corridor (CPEC) was really a game-changer, but some foreign powers and people having vested interests were trying to scandalise it. He was addressing the 14th CEO

Rs 1000 Bln Agreement For ML-1 With China Great Achievement: Saad

LAHORE, May 18 (APP): Pakistan Railways Minister Khawaja Saad Rafique said on Thursday that the framework agreement for investment of Rs 1000 billion on upgradation of PR’s Main-Line (ML-1), signed with China was a big breakthrough for the Railways. Addressing a press conference at the

India’s Face Stood Exposed To The World: FO Spokesperson

ISLAMABAD, May 18 (APP): The Kulbhushan Jadhav episode has exposed the real face of India to the world for its involvement in terrorism, terror financing, subversion and spying activities in a sovereign state of Pakistan. Foreign Office spokesperson Nafees Zakaria said this while talking to

Construction Work On Mohmand Dam 800MW To Start In November

KARACHI: Construction work on the Mohmand Dam Hydropower Project, aimed to generate 800 megawatts of electricity, will begin in November 2017. In this regard, the Water and Power Development Authority (WAPDA) has invited an Expression of Interest (EoI) from experienced consultants to undertake consultancy services

Pakistan Continues To Rely On The Us And China For Defence Imports

Pakistan, the world’s fifth biggest importer of arms, continues to rely on the US and China to acquire the majority of its weapons, says a report by Strategic Defence Intelligence (SDI). Titled ‘Future of the Pakistani Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2022’,

China Overtakes Vietnam To Become Biggest Tourist Source Of Cambodia

PHNOM PENH – China has overtaken Vietnam to become the 1st largest source of tourists to Cambodia, a Cambodian Tourism Ministry official said on Tuesday. Kong Sopheareak, director of the Tourism Ministry’s statistics and planning department, said that about 270,000 Chinese visitors came to Cambodia