KARACHI (March 30): Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Finance Mohammad Aurangzeb have agreed to collaborate in order to attract foreign investment and boost exports, thereby enhancing the financial stability of the province in general and of the country in particular.This emerged in a meeting between the two here at CM House on Saturday. The…
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Renowned international safe cities consultant, Noman Said, has stressed that now is the time for Pakistan to get the safe cities right at the planning stage; as 18 projects are underway or being planned in Punjab alone; and, Karachi Safe City mega project has also been initiated. Noman Said added that based on his experience, in order to safeguard public…
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The Economic Affairs Division (EAD) has issued directives to the National Transmission and Despatch Company (NTDC) to accelerate construction work on Lot-1, Lot-2, and Lot-3 of the Dasu hydropower project, aiming for completion by the end of December 2025. In a recent meeting chaired by Economic Affairs Minister Ahad Cheema, various stakeholders including the World Bank, ADB, and other agencies…
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The Neelum-Jhelum Hydropower Plant has achieved a significant milestone by generating 969 megawatts (MW) of electricity at its full capacity, following the resumption of power generation earlier this month after inspection of its tail race tunnel. The project, located on the Neelum River in Azad Jammu and Kashmir (AJK), resumed electricity production after a comprehensive examination of its tunnel during…
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As Eidul Fitr approaches, petrol prices in Pakistan are anticipated to increase by approximately Rs10-11 per litre on March 31, primarily due to higher import premiums and global market prices. Conversely, the price of high-speed diesel (HSD) is expected to decrease by up to Rs2 per litre during the same period. The current ex-depot price of petrol stands at around…
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Finance Minister Muhammad Aurangzeb has set ambitious targets, aiming to secure a staff-level agreement (SLA) with the International Monetary Fund (IMF) by the end of June. He expressed optimism during an appearance at the Pakistan Stock Exchange (PSX) gong ceremony, noting that while there have not been final discussions with the IMF yet, the global lender has shown receptiveness towards…
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