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CPEC not imposing immediate burden of loan-repayment: Planning Commission

ISLAMABAD: The Planning Commission of Pakistan has issued a clarification to address the concerns of the global community about Pakistan’s CPEC-related Chinese debts. The planning commission statement said: “CPEC is not imposing any immediate burden with respect to loans repayment and energy sector outflows” it said, arguing all debt related outflows will be outweighed by the resultant benefits of the investments to the Pakistan economy. The statement, however, did not give any figures on the size of the outflows or their…

Planning commission launches Data Reporting Gaps Study, website on SDGs

ISLAMABAD: Planning commission in collaboration with the UNDP launched Data Reporting Gaps Study and a comprehensive website on Sustainable Development Goals (SDGs). Minister for Planning Development and Reform Dr Shamshad Akhtar formally launched the website and the Data Reporting Gaps Study, while Secretary Planning Shoaib Ahmed Siddiqui gave his welcome remarks. The aforementioned Data Reporting Gaps Study was launched at the auditorium of the Ministry of Planning Development & Reform, Islamabad. While…

Nine industrial zones to be set up in three years under CPEC: minister

ISLAMABAD: Federal Minister for Planning, Development and Reform Ahsan Iqbal on Tuesday expressed optimism that all proposed nine industrial zones under China Pakistan Economic Corridor would be completed in a period of two to three years with assistance of provincial government. Addressing a Senate session, the federal minister informed that provincial governments have expedited implementation of these zones being introduced with projects in energy and transport infrastructure sector, and planned to be set up under…