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Yearly Archives: 2020

CDWP Approves Projects worth Rs 12.25 Billion

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The Central Development Working Party (CDWP) approved four Rs12.25 billion projects, submitted two Rs33.427 billion projects to the Executive Committee of the National Economic Council (ECNEC) and...

Low-Performing Power Plants being Closed Immediately across the Country

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On Wednesday, a high-level meeting on reforms in the power sector met here to address the issue of circular debt and a roadmap for advancing issues...

The Government Declares Punjab and KP Districts Locust-Free Regions

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The government declared on Wednesday that efforts are under way to clear locust from Baluchistan and the Sindh provinces, while officially declaring Punjab and the Khyber-Pakhtunkhwa districts...

Pakistan, UAE Sign Anti-Money Laundering Agreement

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Pakistan signed a contract with the UAE on Wednesday to combat money laundering and terror financing. Under the Memorandum of Understanding (MoU), the Financial Monitoring Unit...

Pak-UK Trade Relations Should be Strengthen by Taping New Investment Areas

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Sheikh Sultan Rehman, Vice President of the Chambers of Commerce and Industry Federation of Pakistan (FPCCI) said that trade ties between Pakistan and the United Kingdom...

Hafeez Lauds Energy Sukuk Issue at Lower Rates

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Finance advisor Dr. Abdul Hafeez Shaikh struck a gong on Monday at the stock exchange to mark the 200 billion Rs Pakistan Energy Sukuk II (PES-II)...

The Government Reveals Funding Details for Karachi Projects

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Minister of Information Shibli Faraz said on Monday that the government had announced Rs 1,100 billion for the Karachi development projects, and Rs 611 billion would...

Local Assembling E-Buses to Start Next Year

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Minister of Science and Technology Fawad Chaudhary said that next year will begin local assembly of electric buses. Speaking on an occasion on Wednesday, Fawad...

Bykea Experienced a Security Breach: Hackers Tried to Delete an Entire Database

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Bykea witnessed a breach early on Tuesday morning in which hackers managed to creep in and remove the whole database but the company remained unaffected because...

Pakistan’s Debt & Liabilities Stand at 106.8% of GDP

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Pakistan's economy returned to the 1990's as the country's overall debt and GDP-percentage liabilities reached a 100% psychological mark and now stood at 106.8% of GDP...
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