Minister for Planning and Development Asad Umar says the government has achieved microeconomic stability and is now focussed on growth. Talking to Japanese Ambassador Matsuda Kuninori in Islamabad on Wednesday, he said economic indicators are positive and the government wants to push the development expenditures as well as capitalize the …
Read More »Daily Archives: September 2, 2020
Coronavirus cases declining in Balochistan: Liaquat Shahwani
Spokesman Government of Balochistan Liaquat Shahwani has said positive cases of coronavirus are declining in the province. He said this while talking to journalists in Quetta regarding situation of coronavirus in the province. He said only two patients of coronavirus are being treated at the hospital. He added that during …
Read More »ECC approves $142 mln for meeting financial challenges of Roosevelt Hotel
Economic Coordination Committee of the cabinet approved 142 million dollars for meeting the financial challenges of PIA-owned Roosevelt Hotel in New York. The ECC gave the approval in its meeting held in Islamabad today (Wednesday) with Prime Minister’s Advisor on Finance Dr Abdul Hafeez Shaikh in the chair. The ECC …
Read More »Govt agrees to revises rates of five zero-rated industries: Razak Dawood
Advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood has said that the government agreed that erstwhile 5 zero-rated industries would be given a rate of 7.5 ¢/kWh for July and August and 9 ¢/kWh thereafter. In a tweet, he said that for gas, the rate will be …
Read More »Construction work on mega projects costing more than Rs.5b start in Kohat
The construction work of mega developmental projects costing more than five billion rupees in district Kohat has been initiated with the financial assistance of Asian Development Bank. Talking to a delegation of Asian Development Bank in district Kohat, Advisor to Chief Minister on Science and Information Technology Ziaullah Bangash said …
Read More »Revision of Guidelines on Stress Testing of the Banking Sector
Karachi, September 02, 2020 (PPI-OT): The State Bank of Pakistan has today released a revised suite of Guidelines on Stress Testing, which replaces the earlier guidelines issued in 2012. Stress testing is a key tool used globally by banks for risk management and capital planning. Accordingly, the revised guidelines will …
Read More »Federal Minister for IT Syed Amin Ul Haque lauds byonyks for developing bloodless kidney dialysis machine
Islamabad, September 02, 2020 (PPI-OT): Founder of Byonyks, the medical devices company that developed Pakistan’s first bloodless dialysis machine, Farrukh Usman called on Federal Minister for IT and Telecommunication Syed Amin Ul Haque on Wednesday. Farrukh Usman, a Harvard graduate has developed a painless and risk-free dialysis machine with the …
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