December 30,2021Rawalpindi (ISPR)54th Convocation Ceremony of College of Physicians and Surgeons Pakistan (CPSP), was held today at Jinnah Convention Centre, Islamabad. General Qamar Javed Bajwa, Chief of Army Staff (COAS) was chief guest on the occasion.On arrival, COAS was received by Professor Shoaib Shafi, Vice President CPSP.COAS awarded degrees to successful graduates and awarded medals to high achievers. COAS was also conferred honorary fellowship of CPSP.Speaking on the occasion, COAS congratulated the fellowship/ membership of CPSP on achieving important milestone in their careers. COAS especially lauded the role of CPSP in enabling Pakistan’s doctors/ physicians to achieve specialization in respective fields at par with contemp...
December 30, 2021 at 9:25 pm | Economic Affairs
By Dr. Aneel Salman and Sheraz Ahmad Choudhary PTI-led government is trying to make taxation a more reliable system but myriad problems like inequality of tax collection, corruption, cost of tax collection and protection of confidential data are afflicting the system. However, solution lies in blockchain technology to fix the faults in the taxation regime. Tax is a compulsory contribution for the basic items in an economy that individuals are required to pay for a smooth working of financial events in a country. Public authorities levy taxes on merchandise, firms, people, and social orders. The framework of taxation in Pakistan is quite like some other tax frameworks in the world. The tax revenue of government can be characterize...
December 29, 2021 at 10:11 pm | Economic Affairs
December 22,2021Islamabad(Press Release)In response to the continued humanitarian crisis in Afghanistan, Japan has decided to provide additional support of USD 3.72 million to Pakistan. This assistance will support Pakistan to prepare for a potential refugee influx into the country and address the protracted socio-economic challenges among the Afghanistan refugees and the host communities. For the last 40 years, Pakistan has hosted over 1.4 million registered refugees, and the demand for humanitarian assistance have soared since the sudden political turnaround in Afghanistan in August, while the pandemic has not been suppressed.The assistance will be provided through WFP, UNICEF and UNHCR to directly address the humanitarian needs in areas...
December 22, 2021 at 5:24 pm | Economic Affairs
December 18,2021Rawalpindi(ISPR)Mr Jasper Wieck, Special Representative of Germany for Afghanistan & Pakistan (SRAP) called on General Qamar Javed Bajwa, Chief of Army Staff (COAS), today.During the meeting, matters of mutual interest, regional security, current situation in Afghanistan & collaboration / partnership in Humanitarian measures were discussed. COAS said that Pakistan values Germany’s role in global and regional affairs and we look forward to enhance our bilateral relationship. COAS said that the world can ill afford to have an unstable Afghanistan, prone to economic collapse. COAS stressed upon the need for global convergence and sincere efforts to avert a looming humanitarian catastrophe. He underscored the importan...
December 18, 2021 at 7:27 pm | Economic Affairs
December 18,2021Rawalpindi(ISPR) Mrs Retno Lestari Priansari Marsudi, Foreign Minister of Indonesia called on General Qamar Javed Bajwa. Chief of Army Staff (COAS), today.During the meeting, matters of mutual interest, enhanced defence and security cooperation, regional security, current situation in Afghanistan & collaboration / partnership in Humanitarian measures were discussed. COAS said that Pakistan values Indonesia’s role in global and regional affairs and we look forward to enhance our bilateral relationship. COAS stressed upon the urgency for swiftly devising an institutional mechanism for channeling humanitarian assistance to Afghanistan in order to avert a looming humanitarian catastrophe. He underscored the importance of ...
December 18, 2021 at 7:27 pm | Economic Affairs
December 18,2021Islamabad (EA Report) Pakistan is hosting the 17th Extraordinary Session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) in Islamabad on 19 December 2021. The Session is being convened at the initiative of the Kingdom of Saudi Arabia, as OIC Summit Chair. Pakistan had welcomed the call and offered to host the Session. Besides the Foreign Ministers from the OIC Member States and Observers, participants would also include special invitees from the United Nations system, International Financial Institutions and some non-member states including the United States, United Kingdom, France, China, Russia, Germany, Italy andJapan, as well as the EU. The Afghan Interim Government would also be ...
December 18, 2021 at 7:15 am | Economic Affairs
December 17, 2021Rawalpindi(ISPR)Mr Tomas Smetanka, Ambassador Czech Republic to Pakistan called on General Qamar Javed Bajwa, Chief of Army Staff (COAS) at GHQ, today.During the meeting, matters of mutual interest, regional security, current situation in Afghanistan & measures for collaboration in extending direly needed humanitarian assistance to Afghans were discussed. COAS said that Pakistan values its relations with EU countries and we earnestly look forward to enhance mutually beneficial multi-domain relations based on common interests.The visiting dignitary appreciated Pakistan’s role in Afghan situation, efforts for regional stability and pledged to play his part for further improvement in diplomatic cooperation with Pakistan...
December 18, 2021 at 7:14 am | Economic Affairs
December 16,2021Rawalpindi (Press Release)Mr Wada Mitsuhiro Ambassador of Japan called on General Qamar Javed Bajwa, Chief of Army Staff (COAS) at GHQ, today.During the meeting, matters of mutual interest, regional security, current situation in Afghanistan especially collaboration / partnership in Humanitarian assistance were discussed. COAS said that Pakistan values Japan’s role in global and regional affairs and we look forward to enhance our bilateral relationship. COAS stressed upon the urgency for swiftly devising an institutionalised mechanism for channeling humanitarian assistance to Afghanistan in order to avert a looming humanitarian catastrophe. He underscored the importance of peace and reconciliation initiatives in Afghanist...
December 16, 2021 at 4:36 pm | Economic Affairs
Born on September 28, 1969, HE Mr. Chakkrid Krachatwong is the current Ambassador of Thailand to Pakistan. He is happily married to Mrs. Pornrat Krachaiwong. He is holding - Bachelor of Arts (International Affairs), Thammasat University and Master of Arts (Political Science), Sangamon State University, USA He joined the Ministry of Foreign Affairs as Third Secretary, Division I, Department of European Affairs. He served as Second Secretary, Division I, Department of European Affairs and Second Secretary, Royal Thai Embassy, Lisbon; First Secretary, Royal, Thai Embassy, Lisbon; First Secretary, Latin America Division, Department of American and South Pacific Affairs; First Secretary, Secretariat to the Department of American and South Pa...
December 15, 2021 at 8:22 am | Economic Affairs
By Dr. Zafar Iqbal On behalf of the people of the government and people of Pakistan, I congratulate the Romanian government and people as they celebrate Great Union Day. As they mark this special day, I wish peace, prosperity, and good health to all the Romanians, living inside Romania or celebrating abroad. I also take this opportunity to reaffirm Pakistan’s desire to deepen our longstanding close and cordial relations with Romania. For Pakistan, Romania has always been a valued and important partner and steadfast friend not only in the bilateral context but both countries have a longstanding history of having similar views on major regional international issues. For Pakistan, Romania has always been a valued and important p...
December 15, 2021 at 8:12 am | Economic Affairs
By Sahebzada A. Khan It is indeed a pleasure to contribute to Monthly Economic Affairs, Pakistan, especially on the 70th Anniversary of establishment of diplomatic relations between the Islamic Republic of Pakistan and the Kingdom of Thailand. The logo of the anniversary was launched on 08 October 2021, to kickstart the celebrations. There are numerous activities being planned in Pakistan and Thailand on this momentous occasion. These activities are an opportunity to celebrate our achievements and identify the opportunities, where we can further synergize to achieve our mutual goals and aspirations. Thailand and Pakistan are long-trusted friends. Ours is an enduring relationship that was best described by His Majesty Late King Bhumib...
December 15, 2021 at 8:01 am | Economic Affairs
The Sultanate of Oman marked the 51st National Day of the Renaissance on 18th of November. The event cams around at a time when Omanis ponder about the achievements made so far and braced for further accomplishments, with firm resolve, under the astute leadership of His Majesty Sultan Haitham Bin Tarik who pledged to hold high the banner of Renewed Renaissance, since he assumed power in the country on 11 January 2020. The Renewed Renaissance kicked off on a high note when His Majesty Sultan Haitham Bin Tarik called upon the people of Oman to do their best to enrich domestic development and foster progress in all fields. This is considered one of the major principles of Renewed Renaissance in its quest to attain ...
December 15, 2021 at 7:52 am | Economic Affairs
By Zahoor Ahmed December 6 is the national day of the Republic of Finland. On this day, Finns everywhere fly their blue and white flag and bake delicious cakes with blue and white icing. Traditionally, Finnish families light two candles in each window of their homes to signify offering hospitality to wanderers. While Finland has a harsh climate and small population of 5.5 million, the country is one of the most advanced nations in the world primarily on account of its achievements in the fields of education and innovation. Today, it has a highly industrialized, largely free-market economy with one of the highest per capita output and standard of living in the EU. Finland also ranked at the top of the UN's annual World Happin...
December 15, 2021 at 7:39 am | Economic Affairs
Dr. Muhammad Hameed The history of Buddhism in Pakistan can be traced back to the middle of the third century BCE when Asoka, (Ashoka), the famous king of the Mauryan dynasty founded by Chandragupta Maurya, accepted Buddhism after the Kalanga war. Philosophy the religion by which winning hearts through respect instead of bloodshed/war influence Asoka to such an extent that he decided to change his faith and converted to Buddhism. This was the first time when Buddhism got the royal patronage when Asoka declared it as “State religion” due to which eco of the faith spread throughout his empire. Many practical steps were taken to spread the philosophy, teachings, and ethics of the religion. Missionaries were sent to all parts of the ...
December 15, 2021 at 7:25 am | Economic Affairs
Buddhism was founded by Gautama Buddha (6th-5th century BC), but this faith could hardly receive popular recognition and could truly spread in the lifetime of its founder beyond the boundaries of Magadha and Benaris or the eastern India, where he preached his doctrine for decades. Buddha is a historical personage, who lived between ca. 563 and 483/478 BC or thereabout. Dharmarajika Stupa, Taxila Valley Accurate information about Siddhartha Gautama Sakyamuni, the Sakya prince in the Nepalese Terai is shrouded by the legends recorded by his followers after centuries of his demis. He attained enlightenment to become Buddha (the enlightened one) and discovered a way to salvation, which he taught to his followers. Bhamala S...
December 15, 2021 at 7:09 am | Economic Affairs
Pakistan has a long history of close relations with China. The relations have been cemented rock solid with the passage of time, especially with the start of China-Pakistan Economic Corridor (CPEC). Pakistan has a long history of close relations with China. The relations have been cemented rock solid with the passage of time, especially with the start of China-Pakistan Economic Corridor (CPEC). The Pakistan’s friendship with China is usually boasted as higher than mountains and deeper than oceans and it has been proved as such in the 70 years of historical relations. One of the big push boosting our relations, besides CPEC, has been trade pact with China popularly called as Pak-China Free Trade Agreement (FTA), which has gained a h...
December 14, 2021 at 4:51 pm | Economic Affairs
Pakistan Rupee Exchange Rate