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Success of PTI depends on poverty reduction, says PM Dawn 6 hrs ago [email protected] (Syed Irfan Raza) ISLAMABAD: Prime Minister Imran Khan on Thursday said that reduction of poverty and uplift of poor people’s living standard would be real success of his government. “Our struggle for reduction of poverty is going to complete 25 years and if we manage to do so, it will be the real success of my five-year government,” he said, pointing out that the Pakistan Tehreek-i-Insaf (PTI) would be celebrating the quarter century of its existence on coming Sunday. Addressing an MoU signing ceremony between four private banks and Ministry of Maritime Affairs aimed at provision of soft loans to poor fishermen, he said according to a 2013 report of the United Nations Development Programme (UNDP), Khyber Pakhtunkhwa was the province where poverty was highest in the country but his government managed to lift a large number of people out of poverty and ....
KSE-100: Covid lockdown fear extends losses; index plunges 376 points April 23, 2021 Stocks extended their losses for the second day at Pakistan Stock Exchange (PSX) on Thursday, as rising fear over fresh rounds of Covid lockdown restrained the index. On Thursday , the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,496.82 level after gaining 190.28 points. However, paring early gains the index reversed its trajectory and clocked at 45,929.61 index level by the closing bell after posting a 376.93 points loss. During the session the market was gripped with fears of rising Covid cases, after the Federal Minister for Planning and Development and the Chief of the National Command and Operation Centre (NCOC) Asad Umar on issued a warning and said that if the coronavirus situation continues to worsen in the country, the government will be compelled to impose more restrictions, which dampened investors’ confidence. ....
Business April 23, 2021 KARACHI: Engro Corporation profit jumped 148 percent to Rs14.77 billion translating into earnings per share (EPS) of Rs14.47 for the quarter ended March 31, 2021, as against profit of Rs5.94 billion and EPS of Rs5.76 in the same period last year. The company also declared interim cash dividend of Rs12/share along with corporate results. Engro’s consolidated revenue grew by 58 percent from Rs44.977 billion during Q1 2020 to Rs70.866 billion in Q1 2021. Domestic market witnessed strong agricultural sector performance in Q1 as farm economics continued to improve, driven by better farm output prices and enhanced support pricing. The company produced 523KT of Urea vs 572KT for the comparative period due to a turnaround in one of the plants. The company delivered quarterly Urea sales of 582KT vs 169KT and Phosphate sales of 74KT vs 36KT during the same period last year. ....
Prime Minister Imran Khan on Thursday said that reduction of poverty and uplift of poor people’s living standard would be real success of his government. DawnNewsTV ISLAMABAD: Prime Minister Imran Khan on Thursday said that reduction of poverty and uplift of poor people’s living standard would be real success of his government. “Our struggle for reduction of poverty is going to complete 25 years and if we manage to do so, it will be the real success of my five-year government,” he said, pointing out that the Pakistan Tehreek-i-Insaf (PTI) would be celebrating the quarter century of its existence on coming Sunday. ....