G7 leaders on Saturday adopted a rival plan to oppose China’s Belt and Road Initiative by helping build infrastructure in poorer nations in a “values-driven, high-standard and transparent” partnership. The adoption of the US-inspired “Build Back Better World” (B3W) project came after President Joe Biden and leaders met to address “strategic competition with China and […]
Infrastructure
Govt plans to boost spending on large infrastructure projects
Minister for Finance Affairs Shaukat Tarin has said that Pakistan planned to boost spending on large infrastructure projects by as much as 40 percent to create jobs and foster productivity in an economy crippled by the coronavirus pandemic. In an interview with Bloomberg, he said that the federal government would earmark as much as Rs […]
PM Imran Khan shares his vision for future cities
Islamabad: Prime Minister Imran Khan on Saturday tweeted that Pakistan’s future cities is to allow buildings to rise vertically so there are more green spaces. PM tweeted “My vision for our future cities: to allow buildings to rise vertically and allow for more green spaces as Pak is one of the most environmentally-threatened countries.” My […]