AFD to provide €165m for energy projects

ISLAMABAD - Pakistan and French Development Agency (AFD) on Thursday signed two loan agreements worth 165 million euros. Finance Minister Ishaq Dar witnessed the signing of two loan agreements between Government of Pakistan and French Development Agency (AFD) for financing of energy sector projects ...

See more

MORE IN BUSINESS

  • PSX witnesses another bearish session

    , By

    KARACHI - Bearish sentiments continued to persist at Pakistan Stock Exchange (PSX) on Thursday as the benchmark 100-share index shed another 359 points. In the initial hours of the trading session, market showed a positive momentum, making an intra-day high of 669 points. However, profit booking in ...

  • KP govt unveils Public Financial Management Reform Strategy

    , By

    PESHAWAR -  The Khyber Pakhtunkhwa (KP) government on Thursday unveiled its three-year Public Financial Management Reform Strategy (PFMR) 2017-20 that encompasses reforms in public financial management across the board at both provincial and local government levels. The KP Finance Department ...

  • Private sector urged to play role to multiply CPEC gains

    , By

    ISLAMABAD/RAWALPINDI -  Private sector has immense potential to supplement the China Pakistan Economic Corridor (CPEC) projects and stimulate industrialisation in the country, said Board of Investment (BoI) Secretary Azher Ali Choudhary on Thursday. While addressing a session of “All ...

  • Pak-US trade increasing at steady pace: Stephen

    , By

    FAISALABAD -  Pakistan-US bilateral trade is increasing at a steady pace as the US exports stood at $2.1 billion during 2016 while its volume during first five months of this calendar year is $1.3 billion, said US Commercial Counselor Stephen P Knode. While addressing a meeting of business ...

  • Women workers alliance formed

    , By

    PESHAWAR - Women workers in Peshawar on Thursday formed an alliance to work for safer workplaces. Women entrepreneurs and workers employed in public, private and industrial sectors formed a 25-member Women Workers Alliance (WWA). The alliance was mandated to collectively negotiate on behalf of the ...

  • Foreign reserves decline by $718 million

    , By

    KARACHI:- The total liquid foreign reserves held by the country stood at $20,830.0 million on July 14, 2017.The break-up of the foreign reserves position released on Thursday showed foreign reserves held by the State Bank of Pakistan stood at $15,478.5 million and net foreign reserves held ...

  • LCCI for adopting new agricultural technologies

    , By

    LAHORE -  The Lahore Chamber of Commerce & Industry (LCCI) has called to adopt modern technologies for agriculture sector to avoid post harvest losses and to enhance agricultural production. In a statement, LCCI President Abdul Basit, LCCI Senior Vice President Amjad Ali Jawa and LCCI Vice ...

  • Karak residents reject tax on salt, gypsum transportation

    , By

    KARAK -  Residents of Tehsil Banda Daud Shah have strongly rejected tax imposed by Tehsil Council on the transportation of salt and gypsum minerals from the tehsil. The residents rejected the tax in a protest meeting of the people of the tehsil held on Thursday at Jatta Ismail Khel with former ...