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Interim govt moves to scrap economic growth framework
ISLAMABAD: The caretaker government has ordered the reintroduction of the 10th Five-Year Economic Plan, thereby moving away from the Planning Commission’s Framework for Economic Growth. The decision...
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The martyrs of the Tirah Valley
ISLAMABAD: “For me, Mustafa is everywhere, he never left us. Our 7-year-old daughter Rameen is proud of her father’s martyrdom,” says Sadia Mustafa, widow of Major Mustafa Sabir, who embraced...
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Champions League: Bayern, Dortmund eye glory in historic final
LONDON: The home of English football will reverberate to the roar of German voices tonight when Bayern Munich and Borussia Dortmund collide at Wembley Stadium in the first all-Bundesliga final in...
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Dark ages: The heat is on, the power is off
FAISALABAD / KARACHI / ISLAMABAD: It’s the perfect storm, Pakistan style. This Friday was the hottest day Lahore has suffered in the last 29 years, with the temperature shooting up as high as 47...
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World champions India to meet South Africa in opening match today
KARACHI: With the world of cricket blotted by the spot-fixing nightmares in the Indian and Bangladesh premier leagues, there will finally be respite as top-notch action returns with the last edition...
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Federal cabinet unveiled: Enter the ministers
ISLAMABAD: Solemnly pledging to discharge their duties honestly and in accordance with the Constitution, the 25-member federal cabinet took oath on Friday two days after Prime Minister Nawaz Sharif...
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The Portrait of Rumi: A domination of Jung over Rumi
KARACHI: The problem with merging two of the most influential thinkers of this world is that you can never really do justice to any one of them. Your job becomes even more difficult when those...
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K-P budget: A governing vision at last
PESHAWAR: The Pakistan Tehreek-e-Insaf appears to be making good on its word to prioritise economic growth and public service delivery in its first governing document, announcing an Rs344 billion...
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Analysis: In Khyber-Pakhtunkhwa budget, PTI lays out a strong start
KARACHI: Finance Minister Sirajul Haq may have delivered the address, but the Khyber-Pakhtunkhwa budget had Pakistan Tehreek-e-Insaf economic wizard Asad Umar’s fingerprints all over it. The message...
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Meeting in Ashgabat: ADB to generate $7.5b for financing TAPI gas pipeline
ISLAMABAD: Turkmenistan, Afghanistan, Pakistan and India are likely to sign a transaction advisory deal with the Asian Development Bank (ADB) in the first week of July in an effort to generate over...
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A brief history of the evolution of the State Bank of Pakistan
KARACHI: In a standard setting, a central bank performs the unique function of regulating the financial system. It plays the crucial role of designing and implementing monetary and fiscal policies....
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Clearing ambiguity: Ex-army chief to stand treason trial
ISLAMABAD: Prime Minister Nawaz Sharif once and for all laid to rest speculation about the fate of former army chief and president Pervez Musharraf. The retired general, who returned from four years...
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Setting the game plan: Govt okays power projects totalling 3,511MW
ISLAMABAD: The federal government, in a meeting of the top economic decision making body, has approved four energy sector projects with a combined electricity generation capacity of 3,511 megawatts...
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Important ambassadors: Outlines of new plan for export of manpower
ISLAMABAD: Remittances sent home by overseas workers – about $13.9 billion this year – have contributed in a big way in warding off the ignominy of default. The amount is second only to the country’s...
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Unfulfilled promises: With 6,000 ghost schools, education is a scary prospect
KARACHI: President Asif Ali Zardari may have made a generous donation of $10 million for a global initiative to educate all girls by the year 2015 – set up in the name of Malala Yousufzai – but his...
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Zero rehabilitation: Mashkail’s forgotten quake victims
QUETTA: “It’s Ramazan, and we don’t even have clean drinking water during this extremely hot month,” says Haji Shafiq, grief and disappointment evident in his voice. “We are 10 people in the family...
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Save the arts: ‘Art education is vital for cognitive development’
KARACHI: In the last decades, the exposure of an average Pakistani student to art education has been limited to replication of objects being drawn by their teachers on blackboards. The situation...
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Osama gun: Toy guns in the big, bad world
KARACHI: US special forces killed al Qaeda chief Osama bin Laden over two years ago – but the influence of the global terror icon refuses to die down. This Eid, a new toy gun was introduced into the...
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Flooding in Punjab: Floods swamp nearly 200 villages in Chiniot, Sialkot
SIALKOT / MULTAN: Nearly 200 villages in Chiniot and Sialkot districts were submerged as close to 600,000 cusecs of water flowed into the River Chenab during the last 24 hours. While the water level...
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Pay it forward: The business of extortion quietly flourishes
SHABQADAR: What was once considered a Karachi problem has quietly crept into other parts of the country, including Khyber-Pakhtunkhwa and the tribal belt, where it’s eating up already-fractured...
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