World Bank board of directors approved the Punjab Rural Sustainable Water Supply and Sanitation Project (PRSWSSP) to upgrade water supply and sanitation infrastructure.
Economy
Gauhar says “major LNG shipment” to arrive in Pakistan in the next 2-3 days.
Repair and maintenance of gas fields are unavoidable and necessary, says SAPM on Power.
The Finance Bill 2021-22 was thoroughly discussed clause by clause in the House and passed in the assembly on Tuesday.
World Bank approves $800 million loans for two programmes.
The $400 million PACE initiative focuses on measures to improve financial viability of power sector.
The $400 million SHIFT II programme supports a federal structure to strengthen basic service delivery for human capital accumulation.
The new framework agreement will provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea.
Banks’ lending to people at the lowest markup revives cars’ manufacturing sector, drives up vehicles’ demand in the country. Indus Motors alone records 48% growth in cars’ sales during Jan-March 2021.
FATF to announce verdict during a press conference today at 5:30pm.
FM Qureshi had said there remains no justification to keep Pakistan on the grey list.
FATF held a virtual session from June 21-25 to discuss the matter.
There will be no tax on internet or SMS services whereas 75 paisa tax will be deducted on phone calls extending five minutes,Finance Minister.