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 to a statement issued...
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:Â Planning, Development...
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.
Karachi water supply, Yellow Line projects recommended to ECNEC
ISLAMABAD:Â The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6...
Pakistan, South Korea sign framework arrangement worth $500m
Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in Pakistan
ISLAMABAD:Â Adviser to Prime...
CDWP clears two projects worth Rs17.2bn
ISLAMABAD:Â The Central Development Working Party (CDWP) on Tuesday accorded approval to a project worth Rs202.412 million and recommended a project worth Rs17...
Gwadar free zone being modelled after China’s Shekou Industrial Zone
BEIJING:Â Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and...
CDWP recommends three projects worth Rs209bn to ECNEC
Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project
ISLAMABAD: The Central Development Working...