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Loans piling up, says PM Top Story By News Desk ISLAMABAD: Prime Minister Imran Khan Thursday said loans are piling up and further loans are being taken to repay the previous loans. “The loan instalments we have to pay increase every year. We have unfortunately been unable to properly manage our economy. We have taken several loans, which instead of creating wealth to help pay back loans are actually increasing our loans,” he said at the groundbreaking ceremony of Farash Town apartments in Islamabad, which is a housing project under the Naya Pakistan Housing programme. The prime minister said the PTI government returned Rs15,000 billion more in the head of loans as compared to the previous PML-N government. He said the fate of the country would have changed if this amount were spent on infrastructure development. ....
Loans piling up for returning old loans, says PM Top Story April 9, 2021 ISLAMABAD: Prime Minister Imran Khan Thursday said loans are piling up and further loans are being taken to repay the previous loans. “The loan instalments we have to pay increase every year. We have unfortunately been unable to properly manage our economy. We have taken several loans, which instead of creating wealth to help pay back loans are actually increasing our loans, he said at the ground-breaking ceremony of Farash Town apartments in Islamabad, which is a housing project under the Naya Pakistan Housing programme. The prime minister said the PTI government returned Rs15,000 billion more in the head of loans as compared to the previous PML-N government. He said the fate of the country would have changed if this amount was spent on infrastructure development. ....
Prime Minister Imran Khan addresses the 10th D8 virtual summit. DawnNewsTV Prime Minister Imran Khan on Thursday called upon member countries of the Developing Eight (D8) grouping to expand the scope of trade between themselves and mobilise resources to tackle the challenge of the Covid-19 pandemic. He was addressing the 10th virtual summit of the D-8 Organisation for Economic Cooperation, a group that aims to facilitate cooperation in the field of development and counts Bangladesh, Iran, Turkey, Malaysia, Egypt, Indonesia, Nigeria and Pakistan among its members. The theme of the summit, hosted by Bangladesh, was Partnership for a Transformative World: Harnessing Power of Youth and Technology . ....
08 Apr 2021 / 22:29 H. - Bernama PUTRAJAYA: Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin said Thursday that Malaysia believes the Internet of Things (IoT) will boost the Developing Eight (D-8) member states’ economies and that it will be the key driver in transforming the global economy post-Covid-19 pandemic. In his keynote speech when participating in the 10th Summit of the D-8 virtually today, Muhyiddin said Malaysia was actively cultivating IoT-based industries like e-commerce, big data analytics, artificial intelligence (AI), blockchain and automation. He said the Covid-19 pandemic had highlighted a newfound sense of urgency to the digital inclusion agenda. “While the crisis has enabled hundreds of millions to work, learn and connect digitally, it is easy to see how it has also exacerbated the situation for far too many people in vulnerable situations around the world. ....