Karachi, January 21, 2020: After the approval by the ECC yesterday, we expect the Energy Sukuk-2 of Rs200 billion to be released soon, as the meeting with IMF starts on Feb 3, 2020. The payment will be directed towards the power sector (i.e. Gencos, Hub Power, Kot Addu Power, Nishat IPPs, AES IPPs etc.), we…
Islamabad, September 7, 2019: The government has released an amount of Rs76 million for the development of Integrated Transit Trade Management System (ITTMS) being developed under the Asian Development Bank (ADB) Regional Improving Border Service Project. The project envisages establishment of state-of-the-art facilities at Wagah, Torkham and Chaman border crossing points, official sources said adding…
Islamabad, May 26, 2019: The federal government has so far released 86% or Rs 578.8 billion out of the total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social sector uplift projects. Under its development program, the government has released an amount of Rs 22.9…