Pakistan PM

August 27, 2024 3:11 PM

Pakistan PM says militant attacks aimed at thwarting China cooperation

Attacks by separatist militants in Pakistan's southwestern province of Balochistan are aimed at stopping development projects that form part of the China-Pakistan Economic Corridor (CPEC), Prime Minister Shehbaz Sharif said on Tuesday. The assaults that began on Sunday, killing more than 70, were the most widespread in years by ethnic militants seeking to win secession of the resource-rich province, home to major China-led projects such as a port and a gold and copper mine. "The terrorists wan...

Pakistan PM unveils broader plan to sell most state-owned firms

Pakistan will privatise all state-owned enterprises, with the exception of strategic entities, Prime Minister Shehbaz Sharif said on Tuesday, broadening its initial plans to sell only loss-making state firms to shore up its shaky finances. The announcement came after Sharif headed a review meeting of the privatisation process of loss-making state enterprises (SOEs), according to a statement from his office, which discussed a roadmap for privatisation from 2024 to 2029. "All of the state-owned ...