June 16, 2022

International Day of Family Remittances was observed on Thursday to pay tribute to millions of migrant workers who send money home to their family members in the form of remittances.                                                Adopted by…

Pakistan and the World Bank have signed the agreement worth of 85 million dollars Pakistan Housing Finance Project (PHFP) aimed at benefiting the low and middle income household. Minister for Economic Affairs, Sardar Ayaz Sadiq witnessed the signing ceremony in Islamabad. Speaking on the occasion, Acting Country Director of the Bank, assured the World Bank’s continuous…

Prime Minister Shehbaz Sharif has underlined that focus, efficiency and delivery are the principles of his government’s development policy. In a series of tweets, he said that CPEC projects were delayed in the past which is a criminal behaviour. He said that such behaviour will not be tolerated now. About his visit to Rashakai Special…

Pakistan has signed a loan agreement with the OPEC Fund for International Development for the execution of the Mohmand Dam Hydropower Project. Under this agreement, the OPEC Fund will provide 72 Million dollars to Pakistan government in collaboration with the Islamic Development Bank, Kuwait Fund and Saudi Fund. The Mohmand Dam Hydropower Project, located in…

The Senate is continuing discussion on the finance bill 2022-23. Participating in the debate, Irfan Siddiqui said more resources should be diverted to the education sector including higher education. He proposed the establishment of an endowment fund for education. He said salaries of lower grades should be enhanced more than those of higher grades. He…