Tag: Prime Minister Shehbaz Sharif
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PM Shehbaz allocates Rs14 billion for Pakistan Endowment Fund for Education, adds coding to national curriculum
On Wednesday, Prime Minister (PM) Shehbaz Sharif officially launched the Pakistan Endowment Fund for Education, which includes the incorporation of computer coding and constitutional studies into the National Curriculum. During the launching ceremony, he announced a budget of Rs14 billion for the program over the next four years, with Rs3 billion allocated for the current…
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Journalist removed from PTV panel after questioning PM Shehbaz
President of Lahore Press Club, Azam Chaudhry, was dismissed by state-run PTV after questioning Prime Minister Shehbaz Sharif on the “diminishing space for freedom of speech” and the increased restrictions over media in Pakistan during a press conference in the provincial capital. Chaudhry posed a two-part question to the prime minister, addressing both widespread media…
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PM Shehbaz urges IMF to release stalled funds, assures compliance with conditions
On Thursday, Prime Minister (PM) Shehbaz Sharif had a meeting with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), where he urged the lender to release the stalled funds for Pakistan. He assured the IMF of Pakistan’s compliance with all the conditions set by the lender.
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‘No need to panic’: PM Shehbaz hopes Pakistan and IMF will sign deal this month
Prime Minister Shehbaz Sharif reiterated on Sunday that Pakistan has successfully fulfilled all the prerequisites set by the International Monetary Fund (IMF) to revive the halted bailout program. He expressed confidence that no obstacles remain in finalising a staff-level agreement between the nation and the IMF, emphasising that Pakistan is committed to resolving its financial…
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First-ever discounted Russian crude oil cargo arrives in Karachi
Under a newly established agreement between Islamabad and Moscow, the inaugural shipment of discounted Russian crude oil arrived in Karachi on Sunday, marking the beginning of enhanced trade relations between the two nations.
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PM Shehbaz urges Finance Ministry to ensure strict adherence to IMF guidelines in upcoming budget
PM Shehbaz urges Finance Ministry to ensure strict adherence to IMF guidelines in upcoming budget
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PM Shehbaz urges Turkish business community to boost investments in Pakistan
Prime Minister (PM) Shehbaz Sharif, amid increasing debt burden and declining foreign exchange reserves, has invited Turkish investors and businessmen to expand their investments in different sectors of Pakistan. The premier is currently in Ankara on a two-day official visit to attend the inauguration ceremony of President Recep Tayyip Erdogan.
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‘Should be held accountable for militant actions’: PM says resounding no to negotiations with PTI
Prime Minister Shehbaz Sharif has refused to negotiate with Pakistan Tehreek-e-Insaf (PTI) after Imran Khan constituted a committee to hold dialogue with the government. The PM, in a tweet referred to the events of May 9, stating that ‘anarchists and arsonists’ who attack state symbols do not qualify for dialogue. “Dialogue is deeply embedded in…
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Pakistan to receive $10 billion investment in refinery sector soon
Minister of State for Petroleum, Musadik Malik, announced that Pakistan will soon receive a $10 billion investment in its refinery sector. The investment, to be inaugurated by Prime Minister Shehbaz Sharif, holds significant details that cannot be disclosed at this time, according to Malik’s statement at a ceremony. This development follows the approval of a…
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IMF demands approval for subsidies as Pakistan struggles to secure tranche
Pakistan has been negotiating an agreement with the International Monetary Fund (IMF) since January 2023. The IMF has specified that Pakistan must receive prior approval before providing any additional subsidies. Negotiations have hit a snag over a plan announced by Prime Minister Shehbaz Sharif in March to charge wealthy fuel consumers more to subsidise prices…