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Pakistan

Pakistan Politics: Sitting finance minister lost senate election in preliminary results

The Biz Update4 years ago02 mins

Karachi, March 03, 2021: In Pakistan upper house’s (Senate) election, ruling party PTI nominated Dr. Abdul Hafeez Shaikh (Minster for Finance and Revenue) has lost to opposition alliance Pakistan Democratic Movement’s (PDM) Mr. Yousuf Raza Gillani from Islamabad. This was not expected as the government alliance had a thin majority in the lower house that…

Economy

Nine SEZs to be set up under CPEC: Senate told

The Biz Update6 years ago03 mins

Islamabad, May 3, 2019: Minister of State for Parliamentary Affairs Ali Muhammad Khan on Friday informed the Senate that nine Special Economic Zone (SEZs) would be set up including in Bostan (Balochistan) under the umbrella of China Pakistan Economic Corridor (CPEC). Responding to various questions during question hour, the minister said a feasibility report for…