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Karachi, October 07, 2020 (PPI-OT): Building upon its earlier measure of setting mandatory target for banks to extend mortgage loans and financing for developers and builders, State Bank of Pakistan (SBP) has introduced a mechanism to incentivize meeting these targets. The mechanism also penalizes the banks for any shortfall in …
Read More »Daily Archives: October 7, 2020
Promoting exports, value addition Government’s top priority: Dawood
Islamabad, October 07, 2020 (PPI-OT): Adviser on Commerce Razzak Dawood has said promoting exports and value addition is the priority of the government. He was talking to the Country Director of World Bank in Islamabad on Wednesday. They discussed matters of mutual interests. For more information, contact: Ministry of Information …
Read More »Foreign Minister Qureshi vows to continue to play positive role for regional peace, security
Islamabad, October 07, 2020 (PPI-OT): Foreign Minister Shah Mahmood Qureshi has reaffirmed Pakistan’s determination to continue to play positive role for regional peace and security including the Afghan peace process. He made the remarks during his telephonic conversation with his Turkish counterpart Mevlut Cavusoglu. The Foreign Minister thanked the Turkish …
Read More »Admiral Amjad Khan Niazi takes charge as new Naval Chief
Islamabad, October 07, 2020 (PPI-OT): Admiral Amjad Khan Niazi has taken charge as the new Naval Chief. At the change of command ceremony in Islamabad on Wednesday, Outgoing Naval Chief Admiral Zafar Mahmood Abbasi handed over the command scroll to the New Naval Chief. Speaking on the occasion, outgoing Naval …
Read More »301,288 patients recovered from coronavirus in Pakistan
Islamabad, October 07, 2020 (PPI-OT): 624 new cases of coronavirus surfaced in the country whilst the contagion claimed lives of twelve more people during the last twenty-four hours. According to the latest statistics, the figure of patients recovered from the virus has reached 301,288. There are now 8,528 active cases …
Read More »Admiral Amjad Khan Niazi to take charge as new Naval Chief today
Islamabad, October 07, 2020 (PPI-OT): Admiral Amjad Khan Niazi will take charge as the new Naval Chief on Wednesday. The change of command ceremony will be held in Islamabad. He is succeeding Admiral Zafar Mahmood Abbasi. Admiral Amjad Khan Niazi was commissioned in Operations Branch of Pakistan Navy in 1985. …
Read More »Pakistan, Turkey enjoying exemplary bilateral ties: Tahir
Islamabad, October 07, 2020 (PPI-OT): Pakistan and Turkey are enjoying exemplary bilateral relations that have always formed to be mutually beneficial for the two brotherly countries. This was stated by Federal Ombudsman, Syed Tahir Shahbaz while talking to Turkish Ambassador to Pakistan, Ihsan Mustafa Yurdakul in Islamabad. During the meeting, …
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