The Federal Ministry of Finance has recently raised an objection with the PBS for inflating the increase in the CPI in March 2019 by almost 1.2 percentage points. Apparently, this has been caused by faulty averaging of the increase in gas and electricity prices. Accordingly, it is argued that the SBP has wrongly raised the policy rate to 10.75 percent recently.
Author: Editor
IHIG to invest $118 million in Pakistan’s tourism industry
As the International Hospitality Investment Group (IHIG) is investing 118 Million Dollars in the tourism industry of Pakistan, the CEO of this resourceful multinational enterprise – Noor ul Asif, along with its Chairman - Mr. Alun Richards, held a meeting with the Chairman Board of Tourism – Mr. Zulfi Bukhari, Special Advisor on Political Affairs […]
PTI GOVT: The direction is right PROMISE VS PERFORMANCE
As months have rolled on, the gap between the promise and performance of the PTI government has become wider. With the actual delivery much below the expectations earlier raised, the opponents have declared the government as an abject failure and a total disaster. But this is not the whole truth. True, PTI has not been […]
Azerbaijan and Pakistan A time-tested friendship
Ambassador of Azerbaijan Ali Alizade’s Interview with The Consul Q: How you see Pakistan’s role in regional connectivity? AA: Of course Pakistan has an important role in regional connectivity, as a member country of Economic Cooperation Organisation and some other organizations Pakistan can play significant role in terms of connectivity and integration of Central and […]
Ambassador of Kazakhstan working for stronger Pak-Kazakh ties
Question: Please share with us some key features of Kazakh-Pakistan relations, especially in the fields of diplomacy, trade, politics and culture. Barlybay Sadykov: First of all, Kazakhstan and Pakistan have a long history of friendly relationship, with their beginning dating back to the early 1990’s. So, since then our countries have never questioned the need […]
Arundhati Roy: Modi ‘reckless’ in Kashmir
In an interview with Al Jazeera English’s UpFront, Arundhati Roy, the awardwinning author and activist, criticised the Indian press for ramping up tensions between India and Pakistan. “They’re more than complicit,” Roy told UpFront host Mehdi Hasan. “Sometimes they are literally calling for war.” “One of the most terrifying things in India now is that […]
Breath-taking Chitral
Visit to a fairy land Chitral Valley is the most beautiful place in the north of Pakistan to visit. Chitral is both a historical city and a tourist hub. Going there was like a dream come true. The journey kicked off on a cold September morning. My friends and I had just finished loading up […]
“Pakistan is amongst 10 coolest places to visit in 2019”
Says FORBES magazine Tourism plays a significant role in boosting the economy. But Pakistan has remained far behind, although it has immense potential in the tourism sector. UN’s general secretary Mr. Antonio Guterres has said: “Every day, more than 3 million tourists cross international borders. Every year, almost 1.2 billion people travel abroad. Tourism has […]
Ambassador of Brazil Claudio Lins Inaugurated ‘To the Coffee Cave’
ISLAMABAD: Ambassador of Brazil Claudio Lins and along with the other diplomats’ inaugurated exhibition titled ‘To the Coffee Cave’ at Satrang Art Gallery. It was a unique art work show by artist Amna Hashmi. The artist is a visual artist and miniature specialist inspired by Japanese ‘manga’ style and Luis Felipe’s software engineering background. Director […]
Spain greatly values relations with Pakistan: Ambassador Duran
Pak-Spanish trade ties are growing day by day and there were various opportunities to double the trade volume in various sectors including textile, machinery, tourism and renewable energy. Spain gives great importance to Pakistan for its trade relations and there was an equal opportunity for Pakistan to capture European trade markets. These remarks were made […]