Pakistan

Balochistan, Pakistan, RikoDiq

Balochistan govt to challenge $6b Reko Diq fine

The QUETTA – Balochistan government decided to challenge the fine of about $ 6b imposed by the International Center for Settlement of Investment Disputes (ICSID) in the Reko Diq case. Treasury Secretary Mirza Hor Ahmed Bulledi said Wednesday that the government will file a petition for a $ 600 million Rekodik penalty at the Balochist […]

Pakistan

5.2-magnitude quake jolts parts of KP; no losses reported – Pakistan

A 5.2 magnitude earthquake shook parts of Khyber Pakhtunkhwa on Wednesday afternoon, sending people out of the buildings to the streets. The epicenter of the earthquake occurred in the Hindu Kush region in Afghanistan, according to data published by the Pakistan Department of Meteorology (PMD). The magnitude 5.2 quake struck at 3:44 pm and was

Pakistan

Asian Development Bank to provide $2.7bn to Pakistan in 2019 – Pakistan

The Asian Development Bank (ADB) announced Wednesday that the regional bank will provide $ 2.7 billion in approved financing to Pakistan during the outgoing calendar year. The ABD, through a tweet, also announced that, under the recently approved Country Operations Plan (COBP) 2020-2022, it will increase the average loans to the country to $ 2.4

Pakistan

Govt asks SC to reject Justice Isa’s challenge to reference – Pakistan

ISLAMABAD: The federal government on Tuesday asked the Supreme Court to reject the challenge of Judge Qazi Faez Isa to the presentation of a reference against him, since it was presented legally and in no way undermines the independence of the judiciary. A 45-page reply, provided by the government through Attorney General Anwar Mansoor in

Pakistan

Govt finalises draft policy for locally assembled mobile phones – Pakistan

ISLAMABAD: The Engineering Development Board (EDB) on Tuesday finalized a draft of the Mobile Device Manufacturing Policy that focuses on replacing imported phones with locally assembled and manufactured phones. In addition, the council was directed by an advisor to the prime minister to decide the policy for next month. During a board briefing for Abdul

Pakistan

Interior minister sees no threat to govt – Pakistan

ISLAMABAD: By calling those who plan to march on the enemies of Islamabad in the country, the retired Interior Minister, Brig Ijaz Ahmed Shah, has ruled out any threat to the government. Speaking to reporters after inaugurating the ICT Facilitation Center of the ICT (Territory of the Capital of Islamabad) on Tuesday, he said that

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