ISLAMABAD: The government has extended the time limit for accomplishing the financial close of two major power projects for Chinese investors on Tuesday. The major projects comprise of 4,000-megawatt Matiari-Lahore transmission line & 300MW Gwadar Coal Power Project which is considered under the China-Pakistan Economic Corridor (CPEC). A meeting of the Private Power and Infrastructure Board (PPIB) held on Tuesday chaired by Power Minister Omar Ayub Khan briefed a three-month additional time to the $1.7 billion…
Information Minister Fawad Chaudhry has said the government approached the IMF for a bailout package to ensure the smooth functioning of the economy.
ISLAMABAD: The Senate on Monday unanimously passed a resolution condemning the atrocities being committed on Rohingya Muslims in Myanmar. The Senate also called upon the government of Pakistan to immediately take up the matter with the UN secretary general and consider dispatching of relief and financial support to Rohingya Muslims. The resolution, moved by Leader of the House Raja Zafar-ul-Haq, termed the oppression being perpetrated against Rohingya Muslims at the behest of the Myanmar government which was aided and…