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Monthly Archives: August, 2020

The government and Wind Power Producers Signed MoU

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A formal memorandum of understanding has been signed between the government and wind power producers that aims to increase term of plants by the...

Gold Sank 5.3% on Tuesday

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On Tuesday, Gold plummeted as much as 5.3 percent, suffering the worst one-day plunge in seven years, as a return of risk tolerance amid positive economic...

Pakistan’s Fruits & Vegetables Exports Witnessed a Major Growth Despite the Pandemic

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Despite the current pandemic situation, there was a significant growth in Pakistan’s fruits and vegetable exports during the last fascial year. In terms of foreign exchange generation,...

MoF Accepts SBP Conditions Regarding PKR-Linked ADB Bonds

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Sources told Pak Revenue that the Ministry of Finance officially 'accepted' conditions for issuing offshore Pakistan Rupee (PKR)-linked Asian Development Bank (ADB) bonds worth $200 million to...

Pakistan Has a Potential to Increase Exports by $12 Billion by 2024

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Despite of the current COVID-19 crisis, there is a probability that Pakistan would increase its exports up to $12 billion by the next four years yet...

Pakistan Got only $1.8 Billion under KLB Law

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The US paid just $1.8 billion on the ground in Pakistan under the Kerry Lugar Berman (KLB) law and the remaining $3.2 billion went back to...

Neelum Jhelum Hydropower Plant Contributes 10 Billion Units to the National Grid

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The engineering marvel 969 MW-Neelum Jhelum Hydropower Plant achieved another milestone last night, as its contribution to the national grid crossed the generation mark of 10...

PM Inaugurates Rs. 5 Trillion Ravi Urban Development Project for Lahore

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Prime Minister Imran Khan has launched the Rs. 5 trillion Ravi Urban Development Project to revive the lost glory of Lahore, which is struggling...

ECNEC Approves $6.806 Billion ML-1 Railway Project Under CPEC

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The executive committee of the National Economic Council (ECNEC) on Wednesday approved the up-gradation of Pakistan Railways’ existing Mainline-1 (ML-1) and establishment of the...

Gold price shoots to new peak

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The gold price continued to shoot up and soared Rs4,800 to Rs128,700 per tola on Wednesday, taking cue from a surge in international bullion...
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