Economy

PM Development Programmes

Budget 2024-25: PM Shehbaz Leads NEC Meeting on Development Programmes

Budget 2024-25: PM Shehbaz Leads NEC Meeting on Development Programmes ISLAMABAD: The National Economic Council (NEC) will meet under the direction of Prime Minister Shehbaz Sharif at PM House to complete the development plan for the upcoming fiscal year. In addition, the four provincial chief ministers and representatives from the federation and provinces will discuss the development programme for...

First Islamabad-Istanbul Train Reaches Turkey

First Islamabad-Istanbul Train Reaches Turkey

First Islamabad-Istanbul Train Reaches Train Reaches Turkey After Nearly 10 Years LAHORE: On Monday, January 3, 2022, the first freight train connecting Istanbul and Islamabad via Tehran arrived in Ankara via Lahore, Taftan, and Zahedan, completing a 17-day journey in just 13 days. However, a second train to Turkey is already on its way. "The first train that went on December 21 from Islamabad...

PM to launch Roshan Apna Ghar Programme

PM to launch Roshan Apna Ghar Programme

Prime Minister Imran Khan has announced the beginning of the Roshan Apna Ghar initiative. ISLAMABAD Senator Faisal Javed of the Pakistan People’s Party (PTI) has announced that Prime Minister Imran Khan would inaugurate the Roshan Apna Ghar initiative on Friday, August 24, 2021 PTI Senator Faisal Javed shared his thoughts on Twitter, writing, "On this Friday, insha'Allah, Prime Minister Imran Khan will...

How to Reduce Construction Cost

The year 2021 has launched a great financial curve in all areas of our life. However, if anything, the demand for housing is still strong and many home builders are keeping up, especially those in states that have closed construction estimating. However, the sharp increase in construction across the country has led to an increase in demand for raw materials, leading to higher costs for builders. To...

First PIA Air Safari flight

First PIA Air Safari Flight Takes To Skies With 91 Passengers On Board

ISLAMABAD: Pakistan International Airlines (PIA) launched its Air Safari flight Today June, 19 2021 to revive tourism in the country According to details, the airline's first Air Safari scenic flight took off from Islamabad International Airport carrying 91 tourists, including foreigners from up to 13 countries. Energy Minister Hammad Azhar was also among the foreign tourists on the inaugural Air...

NEPRA hearing: NTDC Admits unjustified projects included in IGCEP 2021-30

NEPRA Hearing: NTDC Admits Unjustified Projects

NEPRA Hearing: NTDC Admits Unjustified Projects Included in IGCEP 2021-30 ISLAMABAD: The revised draft of the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30 prepared by the National Transmission Dispatch Company (NTDC) has generated criticism for violating the grid code and criteria under the NEPRA Act which states that future projects will be made with the lowest cost generation, location...

Budget 22 earmarks low-cost housing loans, mortgage financing schemes

ISLAMABAD: In the fiscal budget announced on Friday June 11, 2021 for the year 2021-22, the federal government promised lower margin loans for low-cost housing of up to 2 million rupees, among other poor-segment development schemes and loans. Approximately 4-6 million households will receive loans of up to Rs 500,000 under rubric development funds, the bar of which has been raised to Rs 900, a 40%...

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