EconomyPakistan
Pakistan launches first green Eurobond called Indus bonds worth 500 million
The Water and Power Development Authority (WAPDA) launched its first greenEurobond called the ‘Indus bond’. The Indus bond is the...
EconomyPakistan
Pakistan’s Tarbela Dam hits dead level with only 10 power generation units working
Tarbela Dam’s water level has dropped to dead level as it was recordedbelow 1400 feet on Thursday. The power generation...
Economy
Pakistan and Russia to ink multi billion dollars NSGPP project
Russia will soon sign an amended Inter-Governmental Agreement (IGA) withPakistan for the construction of the flagship North-South Gas Pipeline(NSGPP). As...
Economy
Pakistan faces acute water shortfall
The Indus River System Authority has called an emergency meeting in thewake of acute water deficit believed to be touching...
EconomyPakistan
Pakistani Rupee bounces back against the US dollar
The American dollar took a hit against the Pakistani rupee in theinter-bank trading on Friday, reported 24NewsHD TV channel. The...
Economy
Pakistan government rejects IMF proposal to increase taxes on salaried class
The government has rejected International Monetary Fund’s (IMF) proposal toincrease taxes on the salaried class. The 24News TV channel has...
EconomyPakistan
PTI government time enhances development budget to Rs 900 billion in upcoming federal budget
The Ministry of Finance has proposed an allocation of Rs900 billion fordevelopment projects in the upcoming federal budget; Rs250 billion...
EconomyPakistan
PTI government sets GDP growth rate of 4.8 for next fiscal year
*ISLAMABAD: Federal Minister for Planning and Development Asad Umar onFriday said that a GDP growth of 4.8 percent has been...
EconomyPakistan
In a positive economic development, Pakistan Foreign Exchange Reserves rise further
*KARACHI: Net foreign exchange reserves held by the State Bank of Pakistan(SBP) were recorded at $15.86 billion during the week...
Economy
Top Egyptian company makes big investment in Pakistan
ISLAMABAD- Elsewedy Electric, Egyptian engineering services company, iskeen on expanding production in Pakistan after acquiring ValidusEngineering Pakistan. This was announced...