Chinese Government and even the companies themselves have reportedly rejected the request by Pakistan's government to review the rate-of-return on the power projects set up under CPEC. The projects are 25 per cent more expensive than the average IPP contracts signed.
The Minister said that the government would utilize the package given by the IMF in the productive sectors, so that the process of sustainable development could continue in the country.
Farah Adeed, a doctoral candidate at San Diego University, California, reviews Mustafa Akyol's intriguing book, "Reopening Muslim Minds: A Return to Reason, Freedom, and Tolerance" and also examines the Muslim intellectual debate between Asharites and Mutazilites
Peace talks between the Afghan government and Taliban negotiators started last year in the Qatari capital of Doha, but have not made any substantive progress.
In an usually strong tone, Chinese Ministry of Foreign Affairs assert that China and Pakistan will work together to hold accountable terrorists of Dasu and bring them to justice - it is believed that RAW and NDS were behind this terror attack on Chinese engineers.
BES also said that Huawei never paid for some of its software, and that Huawei is misusing its trade secrets in similar “Safe City" projects in Pakistan and around the world.
Foreign Minister of Pakistan Shah Mehmood Qureshi has revealed that Afghanistan Intelligence Agency NDS and Indian RAW were actively involved in the Dasu attack on 14th July. The initial target was the Diamer-Bhasha dam, and failure to attack there led them to go to Plan B.
The Economic Coordination Committee of the Cabinet has approved a National Remittance Loyalty Programme to incentivize the Pakistanis abroad to use formal channels to send their money to Pakistan. This will aid the government in maintaining the increasing current account deficit.
Election rules ban candidates receiving financial support from abroad, at the risk of five years imprisonment. Candidates are subject to campaign spending limits of 2 million riyals ($533,000).
Pakistan's leading company in the chemical sector Engro Polymer and Chemicals Limited has shown significant Year-on-Year growth in net profit reaching Rs7.26 billion for the first half of the current calendar year 2021. However, it is down 25 percent Quarter-on-Quarter contrary to the experts' expectations.