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Saudi Arabia finances Mohmand Hydroelectric Dam Project in Pakistan at USD
Updated : 3 years, 1 month ago IST
The Saudi Fund for Development (SFD), represented by its CEO Sultan Abdulrahman Al-Marshad, signed today in Islamabad a development agreement with the fraternal Islamic Republic of Pakistan to finance the Mohmand Hydropower Dam Project through a soft development loan provided by the Kingdom
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Toxic acids from China-funded Norochcholai Coal Power Plant could affect M
Updated : 3 years, 1 month ago IST
The development comes as China is making a comeback in Sri Lanka as Beijing first gave its consent on conditionalities for the International Monetary Fund to lend money to the island nation. Reports have emerged that indicate that China's Sinopec has committed to invest in Sri Lanka's Hamban
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Election Commission of Pakistan likely to receive funds by Monday
Updated : 3 years, 1 month ago IST
The Election Commission of Pakistan (ECP) is not likely to receive funds for the elections by April 10
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J-K implements Centrally Sponsored Schemes; registers 15 pc growth
Updated : 3 years, 1 month ago IST
According to a report, in 2021-22, the total amount received by the UT under CSS was Rs 7,655 crore which was enhanced to Rs 8,938 crore during 2022-23, registering a growth of nearly 15 per cent.
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International Monetary Fund deal is on track, says Pakistan Finance Minist
Updated : 3 years, 1 month ago IST
"We are now only awaiting the confirmation of a USD 1bn commitment from one friendly country. After that, all their requirements to conclude the staff-level agreement will be complete. Following that, it takes two more weeks to take the matter into the board meeting," he assured his people.
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There's a real danger that Pakistan could default on debt: US think tank
Updated : 3 years, 1 month ago IST
The cash-strapped nation is reeling with the repercussions of a deepening political crisis, which initially began in April last year when former prime minister Imran Khan was ousted through a vote of a no-confidence motion, and the derailment of the USD 6.5 billion International Monetary Fun
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Punjab Govt changes office timings to save power, to function from 7.30 am
Updated : 3 years, 1 month ago IST
According to CM Mann, the new office timings help save electricity power in the states and give visitors to government offices some respite from the summer heat.
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No daughter's marriage will be delayed, no patient's treatment hampered fo
Updated : 3 years, 1 month ago IST
During the Janata Darshan programme organized at the Gorakhnath temple, the CM said, "Don't worry or panic; the government is prepared to assist any victims or those in need."
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UP govt to spend Rs 200 cr on sports development in 3 months
Updated : 3 years, 1 month ago IST
The Uttar Pradesh government will spend Rs 200 crore on the sports sector in the next 3 months, an official statement said on Saturday.
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Pakistan Finance Minister Ishaq Dar cancels trip to US amid 'domestic stat
Updated : 3 years, 1 month ago IST
Pakistan's Minister for Finance and Revenue Ishaq Dar has cancelled his visit to the United States despite Islamabad making efforts to pursue the International Monetary Fund (IMF) to release a loan tranche, The Express Tribune reported.
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Saudi Arabia enters deal to provide USD 240 million loan for Pakistan to c
Updated : 3 years, 1 month ago IST
Saudi Arabia signed a USD 240 million loan agreement with Pakistan on Friday to support the Mohmand Multipurpose Dam Project, according to a statement issued by the Ministry of Economic Affairs of Pakistan, Dawn reported. Mohmand Multipurpose Dam Project is a major hydropower complex that wi
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Waste management issue: NGT refrains from levying Environment Compensation
Updated : 3 years, 1 month ago IST
The Tribunal headed by Justice Adarsh Kumar Goel said, "We refrained from levying Environment Compensation (EC) against Ladakh having regard to the ground situation in the said area and also in view of statement voluntarily made by the Chief Secretary that adequate funds will be made availab
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