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Attracting U.S. Investors is a Government Priority: Prime Minister Shehbaz

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On the fringes of the 79th Session of the United Nations General Assembly in New York, Prime Minister Muhammad Shahbaz Sharif met with the United States Pakistan Business Council.

On this particular occasion, Pakistan’s prime minister, Muhammad Shehbaz Sharif, declared that drawing American investment into every area of the country’s economy is the government’s top goal.

The Special Investment Facilitation Council, according to the prime minister, is a high-level, one-window platform that supports foreign investors in the fields of agriculture, mining, energy, and information technology.

He added that the SIFC aims to expedite project development by bolstering investor confidence, resolving disputes promptly, and providing assistance.

The Prime Minister underlined that US businesses might initiate cooperative initiatives in the fields of technology, agriculture, mining, oil and gas, and pharmaceuticals.

Pakistan is a rich ground for American investment, and there is a lot of promise in this area, according to Esperanza Jelalian, President of the America Pakistan Business Council.

She went on to say that further investment opportunities are anticipated when the Council’s delegation visits Pakistan in the near future.

Attending the meeting were heads of US corporate enterprises as well as senior officials from the Council.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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