ISLAMABAD, Pakistan (APP): The Asian Development Bank (ADB) has authorised a $200 million loan to help Punjab province create an irrigation system that would help raise agricultural output and food security. The project loan, which is in Japanese yen, will be used to fund the building of the Greater ThalContinue Reading
ISLAMABAD, Pakistan – Dr. Arshad Mahmood, the Secretary of Petroleum, was fired by the government on Saturday. Following his dismissal from office, Secretary of Petroleum Dr. Arshad Mahmood has been asked to report to the Establishment Division. Secretary Power Division Ali Raza Bhatta has also been given the additional responsibilityContinue Reading
MADRID, Spain (AFP) – The Spanish government announced steps on Friday to entice so-called digital nomads, or remote IT employees who may work from wherever with an internet connection. A rising number of nations are attempting to entice digital nomads by offering simple visas and tax benefits in the hopesContinue Reading
ISLAMABAD – Dr. Moeed Yusuf, Pakistan’s national security advisor, stated on Wednesday that the country’s economic bases are open to the whole globe. In an interview with BBC’s Hard Talk host Stephen Sackur, he answered to a variety of questions about the Pakistan-US Economic Corridor and other problems. He wentContinue Reading
ISLAMABAD – Shaukat Tarin, Advisor to the Prime Minister on Finance and Revenue, stated on Saturday that the State Bank of Pakistan has received a $3 billion deposit from Saudi Arabia (SBP). While delivering the news, Shaukat Tarin praised Saudi Crown Prince Mohammed Bin Salman and the Kingdom of SaudiContinue Reading
ISLAMABAD: Pakistan’s trade imbalance reached a stunning $20.59 billion in the first five months of the current fiscal year, according to figures released on Friday by the Pakistan Bureau of Statistics (PBS). According to preliminary figures, the merchandise trade deficit increased for the sixth straight month in November, reaching $4.96Continue Reading
LAHORE, Pakistan — On Wednesday, the Lahore High Court said it could be obliged to declare an environmental emergency and halt schools and private companies for a week. According to facts, the LHC heard petitions on the province’s smog problem. Director PDMA briefed the court that the situation has improvedContinue Reading
KARACHI — On Monday, Saudi Funds granted a $3 billion loan to the State Bank of Pakistan (SBP). According to the terms, the sum of the agreement would be deposited in the State Bank of Pakistan’s income. On the other hand, Minister of Finance Shauqat Tarin met with Prime MinisterContinue Reading
LAHORE, Pakistan — Fawad Chaudhry, Federal Minister for Information and Broadcasting, has stated that the value of sports cannot be overstated in today’s society since it instils a spirit of perseverance in the face of adversity. On Saturday, he spoke with Pakistan Cricket Board (PCB) Chairman Rameez Raja. The PCBContinue Reading
The federal cabinet has accepted a deal to hold $3 billion in Saudi Arabian funding in Pakistan’s State Bank. The transaction was approved by the Cabinet via a dissemination summary on Saturday. The Saudi government agreed to keep a $3 billion reserve at the State Bank. The help will beContinue Reading
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