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AJK-DWP approves ten projects costing Rs 720 million

The Azad Jammu and Kashmir Development Working Party approved ten projects costing 720 million rupees.The approval was given during a meeting chaired by Additional Secretary Development, Dr Sajid Mehmood Chohan in Muzaffarabad today [Wednesday].The pro...

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SBP Allows Banks to Remit Fees Collected by Foreign Missions

The State Bank of Pakistan (SBP) has allowed commercial banks to facilitate the foreign missions, embassies, and consulates working in Pakistan, in remitting the funds they collect in Pakistani Rupees as fees of various services to their respective aut...

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Pakistan’s Business Optimism Index Takes a Big Hit

Business optimism has declined across the board in Pakistan, with the trading sector registering the biggest decline in optimism.This was the conclusion of Dun and Bradstreet Pakistan’s ninth edition of the “Business Optimism Index” (BOI) report for th...

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Pakistan Needs $24.5 Billion to Meet Electricity Needs in 10 Years: IMF

In a recently issued report, the International Monetary Fund (IMF) states that in the next ten years, Pakistan’s electricity consumption will increase by 78 percent. To bridge the demand and supply difference, Pakistan needs an investment of $24.5 bill...

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Food Ministry Asked to Develop a Subsidy Plan for DAP Fertilizer

Federal Minister for Industries and Production Makhdum Khusro Bakhtyar Tuesday directed the Ministry of National Food Security & Research to chalk out a subsidy mechanism along with the Ministry of Industries and Production for the provision of DAP...

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