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PSB sports funding has reached an impressive Rs1.07 billion over the last five years, providing significant support to various national sports federations and associations in Pakistan. This major investment reflects the government’s commitment to enhancing the country’s sports infrastructure and supporting athletes across multiple disciplines. PSB Sports Funding Priorities: Key Beneficiaries Identified The PSB sports funding has primarily focused on volleyball, hockey, and athletics, allocating substantial resources to develop these popular sports. The Pakistan Sports Board (PSB) aims to strengthen the performance of these sports on both national and international levels. Additionally, other sports, such as chess, cycling, and individual…

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The federal government has canceled plans for expo centers privatization in Pakistan, citing strong revenue growth and self-sufficiency as the main reasons for this shift. This decision marks a significant change in the government’s privatization strategy, opting to retain state-owned assets that are performing well financially. Expo Centers Privatization: A Strategic Shift Initially, the government intended to move forward with expo centers privatization to reduce public expenditure. However, due to the impressive financial performance of these centers, the plan has been scrapped. By retaining these assets, the government aims to sustain their revenue-generating potential. The Pakistan Business Review highlights how…

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Speaker Ayaz Sadiq has taken action following the recent PTI MNAs arrests by suspending five Parliament security officials, including the Sergeant-at-Arms. He cited negligence in the wake of this high-profile security breach, emphasizing the need for more stringent security measures in the Parliament. PTI MNAs Arrests Spark Immediate Response The arrests of PTI MNAs inside the Parliament building triggered the suspension of several security officials. They were responsible for maintaining order and preventing unauthorized entry. Their failure led to the detention of lawmakers and exposed significant gaps in the current security protocols. Speaker Ayaz Sadiq, by suspending the Sergeant-at-Arms, has…

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Prime Minister Shehbaz Sharif has emphasized the urgent need for political stability in Pakistan. At a dinner with PML-N and coalition partners, he stressed the importance of collective efforts to achieve economic growth. He condemned the use of offensive language at political rallies, urging all parties to maintain decorum. PM Sharif highlighted recent positive economic trends, such as the decrease in inflation to 9.6%. He also praised his team for preventing a financial default and emphasized ongoing efforts to control inflation and improve the lives of ordinary citizens. Furthermore, PM Sharif called for reforms and digitalization to modernize Pakistan’s economy.…

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Federal Minister Khawaja Asif announced that PIA’s privatization will finish by October. Facing a massive debt of Rs. 800 billion, the government views privatization as crucial for PIA’s recovery. The airline has struggled with flight suspensions and operational challenges. Asif emphasized that privatization will help PIA regain stability and attract new investments. Meanwhile, Deputy PM Ishaq Dar outlined plans to resume flights to the UK and privatize Islamabad International Airport. These actions aim to improve management and strengthen Pakistan’s aviation sector. For years, PIA, once a national pride, has faced poor management and rising debts. The government hopes privatization will…

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The Afghan Embassy in London Closing is set for 27 September. This comes after the Taliban dismissed its staff, responding to a request from the UK government. The UK made this request because the embassy, still staffed by pre-Taliban officials, refused to transfer control to Taliban representatives. Since the UK does not recognize the Taliban as Afghanistan’s legitimate government, this move aligns with international standards. This closure is part of a broader strategy by the Taliban to cut ties with embassies under the previous Afghan government. Afghan diplomats in London have been told to leave or apply for asylum. The…

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Federal ministers have expressed strong disapproval of PTI leader Ali Amin Gandapur’s remarks following PTI’s recent rally in Islamabad. Gandapur, a prominent figure in PTI, made controversial statements that included “derogatory remarks” and “threats” demanding the release of former Prime Minister Imran Khan. His comments have triggered a wave of criticism from the government, intensifying the political conflict in Pakistan. Prominent ministers, such as Attaullah Tarar and Sherry Rehman, were quick to react. Tarar, a PML-N leader, condemned Gandapur’s remarks, accusing him of inciting violence and disrespecting women. He stressed that such rhetoric poses a severe threat to the country’s…

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Islamabad police have arrested several PTI leaders, including Gohar Ali Khan, Sher Afzal Marwat, and Shoaib Shaheen, right outside the parliament. The move sparked immediate outrage across Pakistan, with PTI calling it a direct attack on democracy. PTI leaders claim the government is trying to silence opposition voices. “This is a serious assault on democratic rights,” stated a PTI spokesperson. The arrests of PTI leaders have provoked intense political tension. PML-N quickly responded, threatening legal action against PTI members. They argue that the arrests were necessary to maintain order after violent clashes erupted at a recent rally. According to PML-N,…

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