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Inflated gas bills to be reimbursed

Inflated gas bills to be reimbursed

The federal cabinet has decided to reimburse Rs2.5 billion to the gas consumers who had to pay inflated bills, Information Minister Fawad Chaudhry said here on Tuesday. Talking to media after the federal cabinet meeting, Chaudhry observed that at least 3.2 million gas consumers were affected by overcharging of gas bills and that the government was taking measures to compensate …

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Pakistan, China foreign ministers vow to protect CPEC from all threats

Pakistan, China foreign ministers vow to protect CPEC from all threats

The Foreign Ministers of China and Pakistan held a ‘Strategic Dialogue’ in Beijing on Tuesday in which the sides vowed to protect the China-Pakistan Economic Corridor from all kinds of threats, according to a press release issued by the Ministry of Foreign Affairs. The Dialogue was co-chaired by State Councillor and Minister of Foreign Affairs Wang Yi and Foreign Minister …

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India slammed for a “weak” statement against NZ terror attack

India slammed for a "weak" statement against NZ terror attack

Foreign Minister Shah Mahmood Qureshi on Wednesday criticised India’s condemnation of a white supremacist terror attack targeting Muslims in two Christchurch mosques during Friday prayers last week. As many as 50 people, including nine of Pakistani origin, were gunned down by a white attacker armed with semi-automatic weapons. The attacker opened fire on worshippers in two mosques during Friday congregational prayers and …

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Heavy trucks assembly facility by China, $2bn investment

Chinese firms issue letter of intent for $2bn investment in Pakistan PM’s assistant says a heavy truck assembling plant will soon be established in the Rashakai Economic Zone The XCMG and HSS Group of China have issued a Letter of Intent (LoI), highlighting their course of action to materialise the recently announced $2 billion investment in Pakistan’s housing and manufacturing sectors. …

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Why Turkish elections are getting impacted by NZ terror attacks

How the New Zealand terror attack has become a key factor in Turkey’s upcoming elections President Erdogan raises eyebrows at home and abroad by airing killer’s video The deadly terrorist attack in New Zealand has rattled upcoming local elections in Turkey, becoming a campaign issue after Recep Tayyip Erdogan’s decision to air, at a campaign rally, violent footage taken by the suspected killer during his …

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PM Imran Khan leading the country on the right track – WB

PM Imran Khan leading the country on the right track - WB

A World Bank (WB) delegation called on Prime Minister Imran Khan and expressed its satisfaction over the Pakistan Tehreek-e-Insaf (PTI) government’s economic policies, a private media outlet reported on Monday. According to sources, the World Bank’s delegation assured PM Imran of its complete support in the ongoing development projects, adding that they want to work in Pakistan through joint ventures. Prime Minister …

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Pakistan has potential to develop a $2 trillion economy

Pakistan has potential to develop a $2 trillion economy

Pakistan could become a $2 trillion economy in the next 28 years if it remains steadfast in its reforms and manages to reduce its population growth rate to 1.2% “With sustained reforms, Pakistan could be a $2 trillion economy when it will turn 100 in the next 28 years,” said the World Bank (WB) Country Director Patchamuthu Illangovan while sharing …

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