Responding to a query during the Question Hour in the National, Parliamentary Secretary Planning Development and Special Initiatives Wajiha Qamar said the port accommodates vessels of up to 50,000 DWT and possesses the requisite infrastructure to support bulk cargo and container handling efficiently. She said multiple shipments under the Afghanistan-Pakistan Transit Trade Agreement have been […]
According to the SBP, this amount will be added to the foreign exchange reserves next week. The SBP says the ADB has given this amount to deal with the impact of climate change in Pakistan. On October 29, the Asian Development Bank (ADB) approved a US$500 million policy-based loan to support climate change and disaster […]
He expressed these views during an extensive and productive meeting with his Qatari counterpart, Sheikh Mohammed bin Abdul Rahman Al-Thani in Doha today. During the meeting, the two leaders discussed avenues to further strengthen bilateral relations, particularly focusing on enhancing cooperation in areas such as trade, investment, energy, and cultural exchange. The PM acknowledged Qatar’s […]
He acknowledged the Bank’s role as a reliable partner in Pakistan’s progress and appreciated its financing in various sectors including energy, transportation, education, and health. Muhammad Aurangzeb lauded the Bank’s investment in the Mohmand Dam, along with other members of the Arab Coordination Group, as a model for co-financing similar or larger projects in the […]
Ministry of Finance is considering a stimulus package to support the economy on Tuesday. Finance Minister, Shaukat Tarin, is reportedly leading the initiative, which will contain monetary, fiscal, or both elements. The stimulus package details have not been shared so far, as it is still a work in progress. The minister also told the media […]
