The federal government will establish 12 state-of-the-art Knowledge Parks across Pakistan which will serve as Industry-Academia Liaison Centers (IALC). The… Read More
Govt to Purchase Land to Install 2,400MW Solar Energy Project in Punjab
The federal government will embark on the acquisition of 9,600 acres of land for the installation of 2,400 MW solar… Read More
Pakistan’s Coal Imports From Afghanistan Rise Almost 500% in First Quarter of FY23
The import of coal from Afghanistan to Pakistan has increased by 484 percent during the first quarter of 2022-23 following… Read More
Private Sector Borrowing Decreases by 52% in First Quarter
The net borrowing of the private sector from the banking sector declined by almost 52 percent in the first quarter… Read More
Petrol Pumps in Karachi Paying As Low As Rs. 35 Monthly Rent on Commercial Property
The State Office, a subsidiary organization of the Ministry of Housing and Works, has leased its land to a petrol… Read More
Rupee Depreciation Hikes Cost of 500KV Sialkot Power Project by Rs. 6.67 Billion
The cost of the 500KV Sialkot sub-station project has escalated by almost 27 percent to Rs. 31.820 billion from the… Read More
ECNEC Rejects WAPDA Demand of Rs. 48 Billion Interest Payment on Chashma Project
The Executive Committee of the National Economic Council (ECNEC) has disallowed Rs. 48.1 billion to WAPDA on account of Interest… Read More
Govt to Finalize 8 Oil & Gas Exploration Permits By Next Week
The federal government will complete the process of granting Petroleum Exploration Licenses for eight relinquished Oil & Gas blocks in… Read More
Govt Debt Reduces by Rs. 992 Billion to Below Rs. 50 Trillion On Massive PKR Jump
The total federal government debt stock was reduced by Rs. 992 billion during August 2022 due to the devaluation of… Read More
ECNEC to Consider Around Rs. 400 Billion Mega Construction Projects Today
The Executive Committee of the National Economic Council (ECNEC) will today consider 14 projects including the Chashma Right Bank Canal… Read More
World Bank to Redirect $96 Million Safety from Locust Funds to Farmers in Flood-Hit Areas
The World Bank (WB) has agreed to redirect its $96 million loan from Locust Emergency and Food Security Project (LEAFS)… Read More
Govt Fires CEO Postal Life Insurance Company on Poor Performance
The Federal Government has removed Chief Executive Officer (CEO) Postal Life Insurance Company Limited (PLICL) from his post due to… Read More
