Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari declared Murad Ali Shah as the party’s nominee for the position of Sindh chief minister. Bhutto expressed confidence in the party’s ability to outperform its previous term, stating, “We will surpass our own achievements.” Additionally, Bhutto revealed that PPP has selected Awais Shah as their choice for the Speaker of the Sindh Assembly, with Anthony Naveed nominated for the deputy speaker position. This announcement follows the country’s 12th general elections held on February 8, which were marred by allegations of rigging and…
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CCoE approves work on the 80 km segment of the IP Gas Pipeline inside Pakistan
A summary of Petroleum Division regarding IP Gas Pipeline was taken up by the Cabinet Committee on Energy (CCoE) in its session of February 23, 2024. The CCoE approved the recommendations of the Ministerial Oversight Committee for the IP Project constituted by the Prime Minister in September 2023 whereby the Committee recommended to start work on the 80 km segment of the pipeline inside Pakistan i.e. from Pakistan border up till Gwadar in the first phase. The Project will be executed by Inter State Gas Systems (Pvt) Ltd. and will…
Read MorePDM 2.0 Unveiled: Shehbaz Sharif and Asif Ali Zardari Set to Assume Key Offices
After ten days of intense negotiations following an inconclusive national election, the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) have struck a deal to form a coalition government once again. The agreement, finalized on Tuesday night, outlines the distribution of key positions, including prime minister, president, governorships, and chairman Senate. Under this arrangement, Shehbaz Sharif is slated to resume the role of prime minister, while Asif Ali Zardari will return to the presidential office. Additionally, the PPP will take up the roles of Senate chairman and Punjab…
Read MorePower Division Claims Success in Freezing Circular Debt at Rs2.310 Trillion
The Power Division declared a significant achievement in freezing the circular debt at Rs2.310 trillion as of December 21, 2023, during a meeting of the Senate Standing Committee on Power chaired by Senator Azam Nazeer Tarar. In a detailed briefing, the Power Division secretary outlined the measures taken to achieve this target, including efficiency improvements in managing the power sector and addressing technical and commercial losses. Additionally, the division reported recovering Rs85.7 billion through an anti-theft drive initiated in August 2023. The ministry emphasized that addressing circular debt was vital…
Read MoreJoint Venture Agreement between Pakistan Mineral Development Corporation and Miracle Saltworks Collective Inc. for Export Quality Pink Rock Salt Crushing & Packaging Facility
Islamabad, Pakistan – February 20, 2024: Pakistan Mineral Development Corporation (PMDC) and Miracle Saltworks Collective Inc. (MSCI) Cement Historic Joint Venture for Pink Rock Salt Crushing and Packaging Facility in Pakistan under the facilitation of SIFC. The official signing ceremony took place at Marriott Hotel, Islamabad on February 20, 2024, with the honorable presence of His Excellency Anwaar-ul-Haq Kakar, The Prime Minister of Pakistan as Chief Guest. Minister for Energy Mr. Muhammad Ali, Secretary Petroleum Division Momin Agha and Other dignitaries also witnessed the occasion. In a landmark move towards…
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