7.04°C Vancouver

Mar 7, 2024 4:56 PM - The Connect News

Shahbaz resolved to revive the economy of Pakistan

Share On
shahbaz-resolved-to-revive-the-economy-of-pakistan
Presiding over a high-level meeting in Islamabad, he expressed concern over the country's economy.(Photo:Facebook/Mian Shehbaz Sharif)

The Prime Minister of Pakistan, Shahbaz Sharif, has ordered the authorities to speed up the process of privatization of loss-making government companies, including Pakistan International Airlines.

Presiding over a high-level meeting in Islamabad, he expressed concern over the country's economy. Prime Minister Shahbaz Sharif said that the people of Pakistan are forced to pay a heavy price for keeping the loss-making government businesses running.

At the same time, in a tweet, he thanked the Prime Minister of India, Narendra Modi, for congratulating him on his second term. Meanwhile, the spokesperson of Pakistan's Ministry of Foreign Affairs, Mumtaz Zahra Baloch, said in a briefing that Pakistan wants good relations with India.

He said that he is ready to welcome the mediation of any friendly country to resolve the dispute between Pakistan and India.

Latest news

police-seek-second-suspect-in-fatal-brampton-shooting-issue-canada-wide-warrant
CanadaFeb 27, 2026

Police seek second suspect in fatal Brampton shooting, issue Canada wide warrant

Peel Regional Police homicide investigators are asking for the public’s help in locating a second suspect wanted in connection with a fatal shooting in Brampton last summer. Police say two men entered a residence near Castlemore Road and Humberwest Parkway on August 19, 2025, where two individuals were shot. One of the victims died at the scene, while the second person was taken to hospital with gunshot wounds and later released. In October 2025, officers arrested 24 year old Dilpreet Singh of Brampton and charged him with first degree murder. Investigators have now identified a second sus
rcmp-investigating-vehicle-and-mailbox-vandalism-in-nanaimo
BCFeb 27, 2026

RCMP investigating vehicle and mailbox vandalism in Nanaimo

Police in Nanaimo are appealing for witnesses after a vehicle and several community mailboxes were vandalized overnight earlier this week. According to the Nanaimo RCMP, officers responded to reports of damage in the 900 block of Old Victoria Road on the morning of February 25. A newer model Tesla that had been parked on the roadway was found with deep scratches across the hood and side panels, along with a shattered windshield. Investigators also discovered several Canada Post community mailboxes located a short distance away had been torn from their concrete base. Police say it is not yet cl
canadas-economy-contracts-in-fourth-quarter-of-2025-as-annual-growth-slows
CanadaFeb 27, 2026

Canada’s Economy Contracts in Fourth Quarter of 2025 as Annual Growth Slows

Canada’s economy recorded a contraction in the final three months of 2025, defying earlier expectations of stable growth, according to new data released by Statistics Canada on Friday. The federal agency reported that real gross domestic product declined at an annualized rate of 0.6 per cent in the October to December quarter. Economists had anticipated little to no change during that period. The slowdown was attributed in part to weaker residential investment and lower inventory rebuilding by manufacturers. Statistics Canada said companies met demand by drawing down existing inventories ins
vancouver-police-seek-witnesses-after-pedestrian-struck-in-hit-and-run
BCFeb 27, 2026

Vancouver Police seek witnesses after pedestrian struck in hit and run

Vancouver Police are investigating a hit and run collision that left a 39-year-old woman injured in the Downtown Eastside earlier this week. The incident happened around 11:20 a.m. on Wednesday at the intersection of East Hastings Street and Columbia Street. Police say the woman was crossing the street when she was struck by a black Kenworth dump truck pulling a trailer. She was taken to hospital and remains in stable condition. According to Const. Megan Lui of the Vancouver Police Department, the driver continued westbound after the collision and may not have realized a pedestrian had been hi
delhi-court-acquits-arvind-kejriwal-and-manish-sisodia-in-excise-policy-case-cbi-to-appeal
IndiaFeb 27, 2026

Delhi court acquits Arvind Kejriwal and Manish Sisodia in excise policy case, CBI to appeal

A Delhi trial court has acquitted former Delhi chief minister Arvind Kejriwal and former deputy chief minister Manish Sisodia in the Delhi excise policy case, ruling that the prosecution failed to establish the charges beyond reasonable doubt. In its order, the court said the Central Bureau of Investigation did not present sufficient evidence to substantiate allegations linked to the now-scrapped liquor policy. The judge observed that serious criminal charges require strong and credible proof and cannot be based on assumptions. The case centred on alleged irregularities in the formulation and

Related News