ISLAMABAD: Malaysian Prime Minister Dr Mahathir Bin Mohamad will be the guest of honour at Pakistan Day Parade on March 23, Director General of Inter Services Public Relations (ISPR), Major General Asif Ghafoor said on his official Tweet on Wednesday.
Other guests include Defence Minister of Azerbaijan, Chief of Army Staff (COAS) Bahrain and government officials from Oman.
“Various contingents from Azerbaijan, Bahrain, China, KSA, Sri Lanka and Turkey will participate in parade,” he added.
Pakistan Post opens its rest houses for general public at cheaper rates
ISLAMABAD: The Pakistan Post has opened its rest houses, across the country located at attractive places for the general public and tourists at cheaper rates.
In an interview, spokesperson of Pakistan Post said that to promote tourism in the country and generate more revenue for the department the initiative has been taken on the directions of the Minister for Communications and Postal Services Murad Saeed.
He said that earlier, these rest houses were being used by the officials of Pakistan Post only but now the general public could have access to those places for recreational activities, he added.
He said that the postal rest house has been divided into three categories in the category ‘A’ located in Karachi, Multan, Jhelum, Mianwali, Rawalpindi, Peshawar, Nathia Gali, Hyderabad, Sukkur, Shadman Lahore, Lahore Cantt, Sialkot General Post Office (GPO), Sialkot Cantt, Faislabad GPO and Quetta, tourist would be charged Rs 3,000 per day.
However, for the rest houses fall in the category “B” including rest houses in Attock, Murree GPO, Gujrat, Sargodha, Layyah, Chitral, Abbottabad, Ayubia, Kohat, D I Khan, Mirpurkhas, Sorab, Amri, Taftan, Qallat, Muzzaffarbad, Mirpur, Kotli, Gilgit, Sust and Skardu would be charged Rs 2,200, he added.
Similarly, for rest houses in Pindi Point Murree, Saidu Sharif, Bannu, Ziarat and Sialkot Cantt, which fell in category ‘C’, per day rent of Rs 1,200 has been fixed.
IMF program to ensure sustainable, inclusive growth in Pakistan: IMF
ISLAMABAD: The International Monetary Fund on Friday said that the programme with Pakistan was aimed at improving its public finances, reducing public debt and helping Pakistan get back on the path to a sustainable and more inclusive growth.
“We hope that the programme can also create fiscal space for a substantial increase
in social spending, to strengthen social protection, as well as infrastructure and other human capital development,” Director Communication Department of the IMF, Jerry Rice said in an online press briefing.
Updating the Pakistan’s recent programme with IMF, Rice said there had been major developments recently as Pakistan and the IMF had the agreement of a $6-billion three-year extended Fund facility to support Pakistan’s economic reform efforts.
“So that happened on May the 12th. Just prior to that, Managing Director, Christine Lagarde, had met with Prime Minister Khan”, he added.
PTI Govt to present its first budget on June 11
ISLAMABAD: The Pakistan Tehreek-i-Insaf led government is all set to present its first federal budget for the fiscal year 2019-20 in the parliament on Tuesday.
The finance ministry has been engaged in finalizing the budget and had been directed by the Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh to timely complete all the budget process before its presentation on the fixed date, sources said.
The budget would have main focus on measures for reducing fiscal deficit and enhancing revenues.
Prior to the presentation of the federal budget, the government would launch the pre-budgetary document Economic Survey of Pakistan (2018-19) on Monday, June 10 to share key economic indicators and the performance of different sectors of economy during the fiscal year 2018-19, sources said.
The survey will cover the development of all the important sectors of economy, including growth and investment, agriculture, manufacturing, mining, fiscal development, money and credit, capital markets, inflation, debt and liabilities.