Japan provides JPY 471 mln to UN-Habitat for building disaster resilient schools in KPK

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ISLAMABAD, Oct 7 (APP):The Government of Japan Wednesday agreed to provide grant assistance of 471 million Japanese Yen (JPY) to UN-Habitat for the project of “The Improvement of Disaster Resilient Schools Infrastructure” in Khyber Pakhtunkhwa (KPK) province, aiming to provide a safe and stable educational environment to the students as well as the teachers. According… Continue reading Japan provides JPY 471 mln to UN-Habitat for building disaster resilient schools in KPK

CDNS achieves collection of Rs 10 bln by Sep 30

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ISLAMABAD, Oct 7 (APP): The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs 10 billion by of fiscal year 2020-21. The CDNS has set Rs 249 billion annual collection target for the year 2020-21 as compared to Rs 352 billion for the previous year’s 2019-20 to enhance savings and promoting… Continue reading CDNS achieves collection of Rs 10 bln by Sep 30

FBR start tax awareness education in educational institutions

ISLAMABAD, Oct 6 (APP): Federal Board of Revenue (FBR) has started holding tax educational awareness sessions in different educational institutes of Islamabad. Under the Letter of Understanding (LoU) signed between FBR and Federal Directorate of Education (FDE), said a statement issued by FBR here on Tuesday. The part of bilateral LoU, the series of tax… Continue reading FBR start tax awareness education in educational institutions

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Services trade deficit shrinks 50.41 pc in two months

ISLAMABAD, Oct 6 (APP):The country’s services trade deficit contracted by 50.41 percent during the first two months of the current financial year (2019-20) as compared to the corresponding period of last year. The services trade deficit during July-August (2020-21) was recorded at $462.07 million against the deficit of $931.77 million in July-August (2019-20), according to… Continue reading Services trade deficit shrinks 50.41 pc in two months

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NPMC analyzes price hike in essential commodities

ISLAMABAD, Oct 05 (APP):The National Price Monitoring Committee (NPMC) Monday reviewed price mechanism for essential commodities and evaluated the reasons for increase in their prices with particular focus on perishable items. The NPMC meeting was held under the Chairmanship of the Special Secretary Finance, according to press statement issued by the Finance Ministry here. The… Continue reading NPMC analyzes price hike in essential commodities

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Pakistan to oppose India’s claim of Basmati Rice in EU:Dawood

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ISLAMABAD, Oct 5 (APP): Pakistan has decided to give a befitting reply to India’s claim of Geographical Indication (GI) tag to Basmati Rice in the European Union (EU) market and it will file its opposition in the EU. This was decided during a meeting chaired by the Adviser for Prime Minister on Commerce Abdul Razak… Continue reading Pakistan to oppose India’s claim of Basmati Rice in EU:Dawood

Federal Govt allows release of Rs117.67 billion for development projects

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ISLAMABAD, Oct 5 (APP): The federal Government has so far authorized release of Rs117.67 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2020-21 as against the total allocation of Rs650 billion. Under the development programme,the Government has released an amount of Rs78.15 billion for federal ministries,… Continue reading Federal Govt allows release of Rs117.67 billion for development projects

Hafeez Shaikh briefed on ERP software

APP08-02 ISLAMABAD: October 02 - Adviser to PM on Finance Abdul Hafeez Shaikh chairing a meeting with Saquib Ahmed Country Director and Director Public Services SAP. APP photo by Saeed-ul-Mulk

ISLAMABAD, Oct 2 (APP): Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a meeting at the Finance Division with the Country Director SAP Saquib Ahmad and his team. The Country Director briefed the Adviser Finance on the operations of the Company and how it is providing services in 180… Continue reading Hafeez Shaikh briefed on ERP software

ECNEC okays projects worth over Rs 440 billion

APP27-01 ISLAMABAD: October 01 - Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh chairing a meeting of the Executive Council of the National Economic Council (ECNEC) in 2020. APP

ISLAMABAD, Oct 1 (APP):The Executive Committee of National Economic Council (ECNEC) Thursday approved projects in various sectors worth of over Rs 440 billion. The meeting of the committee was held here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in chair. The committee considered and approved the “Simplification of… Continue reading ECNEC okays projects worth over Rs 440 billion

NA body briefs on privatization process of HEC

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ISLAMABAD, Oct 1 (APP):  The National Assembly Standing Committee on Privatization on Thursday briefed on the privatization process of Heavy Electrical Complex (HEC) and also way forward for bidding and marketing finalization. The Director General, Privatization Division gave detailed briefing on Heavy Electrical Complex; he informed that Heavy Electrical Complex (HEC) is a subsidiary of… Continue reading NA body briefs on privatization process of HEC

ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan

ISLAMABAD, Sep 30 (APP):The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved Rs 19,656.213 million for the implementation of employees retrenchment plan in the Pakistan Steel Mills (PSM) submitted to the Supreme Court. The ECC, which met here with Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh in the… Continue reading ECC approves Rs.19, 656.213 mln for PSM employees retrenchment plan

Govt identifies certified wheat seed to make country wheat secure: Syed Fakhar Imam

Govt identifies certified wheat seed to make country wheat secure: Syed Fakhar Imam ISLAMABAD, Sep 30 (APP):The government has identified certified wheat seed for first time to make country wheat secure the Federal Minister for National Food Security and Research Syed Fakhar Imam, said. He was chairing a meeting about Wheat Review Committee Meeting (WRC)… Continue reading Govt identifies certified wheat seed to make country wheat secure: Syed Fakhar Imam

FAISALABAD: September 30 – A group photo of newly elected members of FCCI along with Eng Hafiz Ihtesham Javaid President of FCCI after its annual general meeting at Faisalabad Chamber of Commerce & Industry. APP photo by Tasawar Abbas

APP10-30 FAISALABAD: September 30 - A group photo of newly elected members of FCCI along with Eng Hafiz Ihtesham Javaid President of FCCI after its annual general meeting at Faisalabad Chamber of Commerce & Industry. APP photo by Tasawar Abbas
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PFC all set for 12th Interiors Expo-2020 from October 2 in Sialkot

ISLAMABAD, Sep 30 (APP): The Pakistan Furniture Council (PFC) is all set to hold 3-day mega 12th Interiors Pakistan Expo 2020 from October 02 at Dustoor Event Complex Sialkot to promote and introduce Pakistani interiors, furniture and accessories in and outside Pakistan. PFC Chief Executive Mian Kashif Ashfaq told reporters that the expo was aimed… Continue reading PFC all set for 12th Interiors Expo-2020 from October 2 in Sialkot

ADB sells $4 bn dual-tranche global benchmark bonds

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ISLAMABAD, Sep 30 (APP): The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a 3-year global benchmark bond worth $3 billion and a 10-year global benchmark bond worth $1 billion, proceeds of which will be part of ADB’s ordinary capital resources. “We are pleased with the consistently reliable… Continue reading ADB sells $4 bn dual-tranche global benchmark bonds

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NA Speaker assures to cooperate in resolving key issues of business community

ISLAMABAD, Sep 29 (APP): Speaker, National Assembly (NA) Asad Qasir Tuesday said that business community was performing tremendous job for promoting the economy and assured that he would provide all possible cooperation in resolving their key issues. He said, he would call the officials of FBR and other business related entities to the Standing Committees… Continue reading NA Speaker assures to cooperate in resolving key issues of business community

About 430,000 tons imported wheat arrives, rest to reach soon: Fakhar

ISLAMABAD, Sep 29 (APP): Minister for National Food Security and Research, Syed Fakhar Imam Tuesday said that around 430,000 tons of imported wheat had arrived and rest would also reach Pakistan soon to meet shortfall of the commodity. Speaking in National Assembly Standing Committee on National Food Security and Research here, he informed that that… Continue reading About 430,000 tons imported wheat arrives, rest to reach soon: Fakhar

OGDCL earns Rs 100.081 bln profit in FY 2019-20

ISLAMABAD, Sep 28 (APP): The Oil and Gas Development Company (OGDCL) on Monday announced financial results for the year 2019-20, declaring earnings of Rs 100.081 billion profit. “The Company’s net sales revenue clocked at Rs 244.856 billion with profit after tax at Rs 100.081 billion. This translated into earnings of Rs 23.27 per share,” an… Continue reading OGDCL earns Rs 100.081 bln profit in FY 2019-20

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