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Iran Avenue is the new name of the highway in Islamabad, Pakistan.

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8 months ago

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The federal government has decided to rename Eleventh Avenue in Islamabad as Iran Avenue. The federal cabinet has decided to proceed with the CDA summary’s distribution.

It should be mentioned that the CDA has commenced work on Eleventh Avenue.

In Pakistan, Raisi
Today marks the official start of President Ebrahim Raisi’s three-day visit to Pakistan from Iran.

Along with senior officials and a high-level delegation of cabinet members, the Iranian president arrived at the nation’s capital with his spouse.

Pakistan’s ambassador to Iran, Mudassir Tipu, and Housing Minister Mian Riaz Hussain Pirzada met Raisi upon his arrival at the Islamabad airport, according to the Foreign Office (FO).

According to the foreign office, the Iranian president will meet with Pakistan’s president, speaker of the National Assembly, Senate chairman, and prime minister during his visit, which runs from April 22 to 24.

To improve commerce, bilateral ties, and cooperation in the energy, agricultural, and other areas, the officials will hold talks.

According to the foreign office, the parties will have discussions about working together on regional and international matters as well as bilaterally to combat the shared menace of terrorism.

The gas pipeline project, bilateral relations, security cooperation, and the investigation of possible free trade agreements are all on President Raisi’s agenda, according to sources.

A combined special economic zone between Pakistan and Iran has also been decided upon in an effort to strengthen economic ties between the two nations.

The signing of the Memorandum of Understanding (MoU) with Iran during President Ebrahim Raisi’s travel to Pakistan on April 22 (Monday) has been approved by the federal cabinet,

According to sources, the draft of the memorandum of understanding (MoU) between the two countries has been finished, and it states that a special economic zone will be built on the border between Ramdan and Gabad.

According to insiders, the Joint Special Economic Zone will be created at the level of governments.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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