Govt to lay foundation stone of Lai Expressway soon: minister

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed said on Monday that the government would lay the foundation stone of Lai Expressway soon, as...

‘Govt committed to timely completion of WB-funded projects’

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar, while appreciating the contribution of World Bank in the socio-economic development of Pakistan, has said the...

Pakistan to get $10bn from ADB in five years

ISLAMABAD: The Asian Development Bank (ADB) has planned to support Pakistan with indicative lending of up to $10 billion for various development projects...

Construction of Faisalabad Expo Centre to commence this year: Dawood

LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that the construction of a state-of-the-art expo centre in...

Senate body decries delay in completion of Balochistan projects

--Senator Kauda Babar Baloch says there is only one rule in Balochistan, ‘either FWO will get the contract, or there will be...

Western media’s CPEC report based on ‘distorted facts’: ministry

Ministry of Planning, Development and Reform has clarified a news article carried by some sections of international media titled ‘IMF won't stop China from...

Aviation Division to spend Rs1.26bn on airports’ uplift

ISLAMABAD: The Aviation Division will spend around Rs1.26 billion on the up-gradation of various airports of the country in the current fiscal...

ADB approves $235m loan for Karachi’s BRT

The Asian Development Bank (ADB) has approved a $235 million loan to help develop Karachi’s Bus Rapid Transit project. According...

CDWP approves eight development projects worth Rs11bn

ISLAMABAD: The Central Development Working Party (CDWP) meeting, which was held on Thursday under the chairmanship of Planning Commission Deputy Chairman/Planning, Development & Reform...

NHA seeks Rs50bn ADB loan to rehabilitate N-5 highway, Senate told

ISLAMABAD: The Senate’s Standing Committee on Communications was informed on Tuesday that the National Highway Authority (NHA) had sought a loan of Rs50 billion...

Govt released Rs638.9bn for development projects in FY19

ISLAMABAD: The federal government released Rs638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme...

Gwadar Master Plan to be finalised soon: minister

'A robust policy is being devised to transform the coastal city into a regional hub of trade and business activities' ISLAMABAD: Planning, Development & Reform...

Special Economic Zones to get electricity, gas

The cost of providing these utilities to the economic zones would be met through the  Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)

President promulgates Naya Pakistan Housing, Development Authority Ordinance

The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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India proposes ban on e-cigarettes, with jail terms for offenders

NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed, potentially jeopardizing...

PIA hikes UAE fares