ISTANBUL: Turkey’s parliament has approved the government’s 2018 budget, which includes increased spending on defense and projects a rise in the fiscal deficit to 65.9 billion lira ($17.28 billion).
In 2017, Turkey’s financial plan is relied upon to demonstrate a deficiency of 61.7 billion lira, more than double the 2016 spending shortage of around 30 billion lira.Turkey’s 2018 spending plan additionally extends impose salary of 599.4 billion lira, up somewhere in the range of 15 percent from gauges for 2017, and a 5.8 billion lira eacssential overflow.In the course of recent years, Turkey’s present record deficiency has augmented because of expanding government motivating forces to support the economy and protection spending. One year from now’s spending deficiency to total national output proportion is relied upon to be 1.9 percent.The Govt. says the extra barrier spending is direly expected to modernize the military, the second-biggest in the NATO cooperation, and meet the expenses of local and remote security operations.Turkey’s economy has bounced back from a downturn that took after an endeavored overthrow a year ago, helped by a progression of government jolt measures. Gross domestic product grew 11.1 percent year-on-year in the second from last quarter, its quickest extension in six years, as per official information.
Minster for Planning, Development and Reforms Ahsan Iqbal on Tuesday said cooperation in industrial sector under the China-Pakistan Economic Corridor (CPEC) would ensure transfer of technology, knowledge and skills to Pakistan.
“CPEC is also helping promote knowledge-based economy in Pakistan, which is a need of the new age,” the minister said while addressing the 7th meeting of Joint Coordination Committee (JCC) on CPEC. The meeting was called to review and approve various development projects under CPEC.
Ahsan Iqbal and his Chinese counterpart jointly presided over the meeting. Around 150 high officials from Pakistan and China attended the meeting, along with chief ministers of all the provinces and Azad Jammu and Kashmir prime minister.He said CPEC had now entered the main period of its finish and seventh JCC was of recorded centrality to conclude the long haul design of task. “The long haul design will give new measurements to two-sided participation amongst China and Pakistan,” he included.Ahsan Iqbal said that long haul design would grow the extent of collaboration in different new regions incorporating participation in social divisions alongside the monetary fields. Alongside framework advancement and upgradation, instruction and wellbeing divisions would likewise be focused for their change and upgradation under CPEC, he guaranteed.The pastor said private part had been given portrayal in the seventh JCC meeting to accept it. He said the two nations would sort out trade of exchange and business appointments on official level to accelerate the pace of task.
Prime Minister (PM) of Pakistan Shahid Khaqan Abbasi has apparently solved the enigma of Finance Minister Ishaq Dar’s resignation and decided to send him on a holiday.
The development was unearthed by Dunya News president Kamran Khan in his program Dunya Kamran Khan Kay Sath. He told that the announcement of this decision is likely to be made within 48 hours.
According to details, the ministry will be given to a close friend of PM Abbasi following Dar’s elimination. After the National Accountability Bureau (NAB) cases, Ishaq Dar is being criticized continuously for holding his office both by political as well as journalist fraternities.
he US will “watch” Pakistan’s choices on President Donald Trump’s new Afghan and South Asia strategy to combat terrorism in its tracks, Defence Secretary Jim Mattis has said.
At the same time, Mattis also lauded India’s commitment towards the development in Afghanistan.
Trump, while announcing the new strategy for Afghanistan, had accused Pakistan of harbouring “agents of chaos” and providing safe havens to militant groups waging an insurgency against the US-backed government in Kabul.
Pakistan has opposed Trump’s Afghan and South Asia policy, saying it ignored the country’s sacrifices in the war against terrorism.
But, Mattis during a visit to Kabul said the new strategy was “not exclusive of someone”.
It is inclusive for all responsible states that want to stop terrorism in its tracks and defend the innocent, he said.
This is primarily because for the first time, the United States seeks to hold Pakistan accountable for its support to terrorist groups and organisation.
Trump’s also policy seeks greater developmental role for India in this war-torn country.
NATO Secretary General Jens Stoltenberg agreed with both Mattis and Ghani, saying that this is a regional approach, which includes both Pakistan and India.
Both of them have to be included in a mutual approach.
He urged all countries in the region to support an Afghan-led and Afghan-owned peace process.
Mattis said India has been “very, very generous” in its development assistance to Afghanistan.
A National Accountability Bureau (NAB) team on Friday was unable to deliver arrest warrants issued against the Sharif children — Hassan, Hussain and Maryam — at their Jati Umra residence.
An accountability court had on Tuesday issued bailable arrest warrants for Nawaz Sharif’s children and son-in-law Mohammad Safdar after they failed to appear before it despite repeated summons.
The NAB group, headed by Deputy Director Mehboob Alam and involving Deputy Director Mohammad Kamran and Investigating Officer Imran Dogar, was additionally met with protection from the security staff exhibit at the living arrangement, sources in NAB said.Then, Nawaz’s summons were gotten by his own secretary, Qamar Zaman, in consistence with court orders, sources said.Nawaz had quickly showed up under the steady gaze of a NAB court on Tuesday, putting to rest gossipy tidbits about his choice to not come back to Pakistan and face the courts regarding three defilement references recorded against him.The references took after the Supreme Court’s July 28 decision in the Panama Papers case that had excluded Nawaz from holding open office.”Escaping from the courts isn’t our direction,” he had said in a question and answer session after his appearance in the court.Maryam, Hussain, Hassan and Safdar are at present in London with the weak Kulsoom Nawaz, Nawaz’s companion.
A suicide bomber posing as a shepherd blew himself up near a Shia mosque in Kabul on Friday killing at least six people, police said, as Muslims prepare to observe the holy month of Muharram
The attack in the north of the Afghan capital happened as worshipers were gathered inside Hussainia mosque, one of the biggest Shia centers in the city, for Friday prayers.
“A suicide bomber who was grazing sheep has detonated himself outside” the mosque, General Salim Almas, criminal investigative director of Kabul city
There was no immediate claim of responsibility but fighters belonging to the Taliban and the militant Islamic State (IS) group have repeatedly targeted the minority Shia community in recent years.
A shopkeeper told AFP that the suicide bomber blew himself to bits after he was identified by suspicious civilian guards who had set up a checkpoint about 200 meters from the mosque.
Afghanistan has trained and armed more than 400 civilians to help protect Shia mosques during the holy month.
he infographics reveals that :
- 35% of the smartphone users in Pakistan carries a low cost phone on them for safety reasons.
- 68% of the smartphone users in Pakistan are on Android.
- 77 % of smartphone users are just 21 to 30 years old
- 60% of the Pakistani’s use more than one cell phone.
- Recently 3G was introduced in Pakistan and the smartphone market is rapidly expanding.
- Most Pakistani marketers and business owners wonder when they should start thinking about their own app.
Auto Industry Sector in Pakistan has contributed alot towards the country grwoth in GDP. Checkout the infographic for mor details.