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How to create wealth to repay debts? - Newspaper

Prime Minister Imran Khan says his government has taken several initiatives for wealth creation so that it could get rid of heavy foreign loans with a strong emphatic assertion: “We want to create more and more wealth to retire heavy foreign loans some of which are causing more loans.” In December, the Fitch Rating had downgraded Pakistan’s long-term debt rating from ‘B’ to ‘B-’ due to what it described as a high debt repayment obligation, low foreign reserves and fragile fiscal situation. Since then foreign exchange reserves have continuously improved on the back of a surge in workers home remittances, foreign financial inflows and significant rescheduling of debts.

SAMAA - Today s outlook: PM heads to Lahore, TLP chief to court

Here are some new stories that we are following today (Wednesday). The prime minister approved the crackdown against the protesters of Tehreek-e-Labbaik during the federal cabinet meeting on Tuesday. Several protesters were taken into custody following clashes with police in several cities including Karachi, Lahore, and Islamabad. Muslims across the country are observing the first of Ramazan. During the month of Ramazan, Muslims don’t eat or drink between dawn and sunset. This is called fasting. Fasting is important during Ramazan as it allows Muslims to devote themselves to their faith and come closer to God. It is one of the five pillars of Islam.Tehreek-e-Labbaik chief Saad Hussain.

Unrest in garb of protest won t be allowed: PM

Unrest in garb of protest won’t be allowed: PM Cabinet okays deployment of Rangers in Punjab cities Imran Khan virtually addresses inaugural session of Governing Council of International Fund for Agricultural Development (IFAD) held in Rome. SCREENGRAB ISLAMABAD: Prime Minister Imran Khan on Tuesday said the Tehreek-e-Labbaik Pakistan (TLP) would not be allowed to create unrest under the guise of staging a protest, as the federal cabinet allowed the deployment of the paramilitary Rangers in several cities of Punjab. “The government was constantly negotiating with them [TLP] but they were preparing for a protest,” he observed while chairing the federal cabinet meeting.

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