20 April 2019
  • 4:00 pm Hardik Pandya, KL Rahul fined Rs2 million for talk-show comments
  • 3:45 pm Dr Hafeez Sheikh takes charge as finance adviser
  • 3:45 pm Loud explosion, gunfire rock downtown Kabul in attack near ministry
  • 3:45 pm PM meets Finance adviser, issued directives to prepare for the budget
  • 3:15 pm Sindh CM slashes non-development expenditures by Rs73bn
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Finance Minister Asad Umar says China is a reliable friend and its support is essential for the social and economic development of Pakistan.
In a meeting with Chinese ambassador Yao Jing in Islamabad today (Tuesday), he briefed the envoy about the measures taken by the government to create enabling environment for foreign investment.
He said that the Chinese businessmen and investors would also benefit from the current environment by making investment in various sectors, particularly agriculture, housing, health, education and energy.
The meeting discussed the ongoing projects being executed under the umbrella of China Pakistan Economic Corridor.
Yao Jing reiterated his country’s commitment to timely complete the projects.
Appreciating the vision of Prime Minister Imran Khan, the ambassador said that the Chinese businessmen’s confidence has enhanced due to the economic policies of Pakistan.
The forthcoming visit of Prime Minister Imran Khan to China also came under discussion.
Both sides exchanged views on matters of bilateral importance and emphasized the need for further enhancing and expanding bilateral cooperation.

Abdul Gh Lone