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The ICC has approved the budget for Pakistan’s 2025 Champions Trophy.

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4 months ago

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The specifics state that on the final day of its yearly meeting, the ICC approved the budget.

High-ranking representatives from various cricket boards, including Mohsin Naqvi, chairman of the Pakistan Cricket Board (PCB), attended the ICC’s annual meeting.

Ankur Khanna, the chief finance officer of the ICC, and Javed Murtaza, the chief finance officer of the PCB, created the budget for the eight-team competition.

For those who are unaware, the Champions Trophy 2025 is set to take place in Pakistan in February and March. India is expected to participate in the tournament, although this is subject to change as the Board of Control for Cricket in India (BCCI) is awaiting government consent to travel there.

The Indian squad will not be visiting Pakistan for the forthcoming ICC event, according to reports that surfaced in Indian media, which cited a BCCI source.

Additional reports stated that the board intends to formally suggest Sri Lanka and Dubai as possible locations for India’s matches.

However, BCCI Vice President Rajeev Shukla claimed in a phone interview with an Indian media outlet that the cricket association has not released any information about their team’s Champions Trophy 2025 participation.

The source of this information is unknown to us. Shukla said over the phone to ThePrint that BCCI has not released any formal information on this.

Recall that India declined to go to Pakistan in order to compete in the 2023 ACC Men’s Asia Cup. Consequently, Sri Lanka assumed the role of co-host for the continental event, which was conducted using a hybrid approach.

It is noteworthy that because of the protracted political tensions between the two neighbours, India has not visited Pakistan since the Asia Cup in 2008.

Pakistan, on the other hand, has visited India four times in the previous 16 years. They were in town for the ICC Men’s World Cup 2023 last year, which was their most recent visit.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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18 hours ago

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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18 hours ago

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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