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China investing huge amount in energy sector of Pakistan: Shahbaz ISLAMABAD: Chief Minister Punjab Shahbaz Sharif has said that China is investing a huge amount in different energy sectors of Pakistan."Wind, solar, hydel, coal and other resources would be utilized for generating electricity to meet the need of the country," he stated while talking to Pakistan Television.He said that all the resources would be used for generating electricity with Chinese assistance."Pakistan will sign agreements with China to carry out power projects for addressing the electricity demand in the country," he said.Shahbaz Sharif said that China is going to inject nearly 20 billion dollars in the power sector.He said that the President of China had given directives to the banks for providing financial assistance to Pakistan for executing energy projects.To a question he said that China is giving big package to Pakistan due to the confidence built by Prime Minister Nawaz Sharif for investors looking into this region.He hoped that all ...


Pak-China economic corridor to change people's life: Masood ISLAMABAD: Pakistan's Ambassador to China Masood Khalid has said that Pak-China economic corridor would help change the life of the people of this region."Chinese companies are keen to invest in different sectors of Pakistan to bring prosperity for the people of this region, " he stated while talking to Pakistan Television.The present government is making efforts to safeguard the investments of those who wanted to do business in this region, he said.Masood Khalid said that ...

PML(N) to win cantonment elections on April 25: Saad Rafique ISLAMABAD: Federal Minister for Railways Khawaja Saad Rafique here on Sunday said Pakistan Muslim League (Nawaz) will win cantonment elections on April 25.In a statement, he said winning of cantonment elections will prove the mandate received by PML(N) in 2013 general election.He said PML(N's) lion stands as the symbol of strong and stable Pakistan.Under the leadership of Prime Minister Nawaz Sharif, the great and historic journey of friendship between Pakistan and China has commenced, he ...

India oppressing Kashmiris to stifle freedom movement: Barjees Tahir ISLAMABAD: Governor Gilgit-Baltistan and Federal Minister for Kashmir Affairs and Gilgit-Baltistan Chaudhry Muhammad Barjees Tahir on Sunday said India had crossed limits in oppressing people of Occupied Kashmir.Talking to mediamen here, he said India is trying to suppress freedom movement in Kashmir with offensive methods.Raising of Pakistani flag in Occupied Kashmir and slogans of "Kashmir bunnay ga Pakistan" make it clear that India cannot merge Kashmir in it.He said India is putting Hurriyat leaders behind ...

President Xi visit to further boost Pak-China relations ISLAMABAD: Chinese Ambassador to Pakistan Sun Weidong has said that the visit of President Xi Jinping will further boost bilateral relations between Pakistan and China in a comprehensive way.He said this visit will become a historic milestone in China-Pakistan relations, Radio Pakistan reported.Ambassador Sun Weidong said the leadership of the two countries, apart from discussing all aspects of their multifaceted ties, would also focus on energy, transport infrastructure, agriculture, finance, tourism, poverty alleviation and cultural ...

'Pakistan can get 1,000 megawatt power by wind energy' LAHORE: Pakistan can produce above 1,000 megawatts of electricity through wind energy.Denmark's Ambassador in Pakistan Mr. Jesper Moller Sorensen said this in an interview with APP here.He said the Danish companies had recently signed a memorandum of understanding (MOU) with the Punjab government for production of wind energy.He said Pakistan should focus on alternative resources of energy production, including wind energy.He said Denmark had got world repute in producing good quality wind energy installations."We are ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln