Amid financial challenges in Pakistan, Imran Khan to visit China next month
Pakistan Prime Minister Imran Khan is scheduled to visit China next month as the incumbent government is facing economic challenges and massive criticism by the opposition over mini-budget, rising trade deficit and inflation in the country, reported local media.
Prime Minister Imran Khan had ordered the removal of red-tape hindering Chinese investment in Pakistan, as he prepared to visit Beijing next month to further cement the bilateral ties, The Express Tribune quoted Special Assistant to Pakistan's Prime Minister on China-Pakistan Economic Corridor (CPEC) Khalid Mansoor as saying on Wednesday, reported The Express Tribune.
Mansoor also said that Imran Khan ordered the removal of 37 regulations to ensure one-window operation for foreign investors. He added that the prime minister would personally be taking briefings on progress on CPEC projects every 15 days, said The Express Tribune.
It comes as Pakistan trade deficit surged to USD 24.79 billion during the first half of the current fiscal year, mainly on the back of a 63 per cent year-on-year increase in imports. The surge in trade deficit came from a massive rise in exports.
Data for the July-December period showed that imports jumped to USD 39.91 bn from USD 24.47 bn a year ago. In contrast, exports during July-December also grew 25 per cent to USD 15.13bn compared to the year-ago period, reported Dawn.
Pakistan is currently marred with financial challenges with opposition targetting the government over the mini-budget. PML-N Chief Shahbaz Sharif and PPP chief Bilawal Bhutto have criticised the ruling government for massive inflation in the country and had demanded the resignation of Prime Minister Imran Khan over his government's failure to tackle the challenges.
A 911 dispatcher has been placed on leave and may lose her job after allegedly hanging up on an supermarket employee hiding during this weekend's shooting rampage in Buffalo, New York. “Termination will be sought” for the dispatcher at a disciplinary hearing later this month, said spokesperson for the executive of Erie County, Peter Anderson, in an email to The Associated Press on Wednesday. Anderson said it's unclear who hung up on whom.
A team of Sri Lanka's Criminal Investigations Department have questioned four Members of Parliament (MPs), including two former ministers, over last week's violence against protesters at two protest sites in Colombo, the country's largest city, local media has reported. According to reports, a CID team arrived at the Parliament Complex on Wednesday to interrogate--with the Speaker's permission--and record the statements of Rohitha Abeygunawardena and CB Ratnayake, both former ministers.
Though this is the first confirmed case in the United States, the US Centers for Disease Control and Prevention is preparing for the possibility of more monkeypox cases. Here are 10 things to know about monkeypox and the 1st case in the United States in 2022 1. The Massachusetts man travelled to Canada at the end of April to meet friends and returned in early May. This is the first case of monkeypox this year.
North Korea is ramping up the production of drugs and medical supplies to combat the Covid-19 pandemic, which has wreaked havoc. According to the Korean Central News Agency on Thursday, North Korea is also increasing the production of traditional Korean medicines used to reduce fever and pain. In the capital city of Pyongyang and nearby regions, factories are churning out more injections, medicines and thermometers and other medical supplies.
Veteran diplomat Bridget Brink, who was nominated by US President Joe Biden to be the country's next ambassador to war-hit Ukraine, was on Wednesday (local time) given a unanimous approval by the Senate Foreign Relations Committee for appointment to the post, which means that she just a step away from being Washington's new representative in the east European nation. She was nominated by Biden on April 25.