financing
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Pakistan approves PWD closure and ML-1 financing agreement with China | The Express Tribune
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Listen to article The federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, has approved the immediate closure of the Pakistan Public Works Department (PWD) and the implementation of the first phase of the ML-1 railway project. During today’s cabinet meeting,…
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Finance minister unveils new incentives for foreign investors amid push for external financing | The Express Tribune
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Finance Minister Muhammad Aurangzeb announced new policy measures on Thursday aimed at enhancing Pakistan’s investment environment and attracting foreign investors, according to Radio Pakistan. The finance minister chaired a review meeting in Islamabad with representatives from joint venture investment firms,…
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ADB’s financing to help boost public-private partnerships
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The Asian Development Bank headquarters in Manila, December 4, 2002. — AFP The Asian Development Bank (ADB) Wednesday greenlighted a $250 million loan to help Pakistan drive sustainable investments in infrastructure and services through public-private partnerships (PPPs). ADB’s Promoting Sustainable…
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World Bank approves $149.7m in financing for projects in Pakistan
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A person enters the building of the Washington-based global development lender, The World Bank Group, in Washington. — AFP/File The World Bank’s Board of Executive Directors Saturday approved $149.7 million in financing for Pakistan to support Digital Economy Enhancement Project…
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Govt pushes for climate financing at UN | The Express Tribune
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LAHORE: Pakistan has underscored the critical importance of accelerating progress towards sustainable energy goals at a meeting of a United Nations-based panel on the subject. In his closing remarks at the meeting of ‘Group of Friends for Sustainable Energy,’ Ambassador…
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Bank financing hits record high | The Express Tribune
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design: mohsin alam KARACHI: Pakistan’s commercial banks have continued to freely lend to the cash-strapped government at elevated rates of return, taking their financing to a record high of 93% of total deposits in January 2024. According to data compiled…
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PSX plans Sukuk auction for lower financing costs | The Express Tribune
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A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) is scheduled to hold its next auction to sell one to five-year Sukuks on…
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Govt raises 7.5 times lower financing at T-bills auction | The Express Tribune
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KARACHI: The government has raised financing 7.5 times lower than the target, reaching Rs64 billion through the auctioning of sovereign debt securities (T-bills), while managing to stabilise the rate of return at around 20.4%. Commercial banks demanded a significantly higher…
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Industrialists urge customised financing, infrastructure overhaul | The Express Tribune
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KARACHI: Leading industrialists have presented proposals to bolster the national economy to the upcoming government. Their recommendations include introducing a customised low-cost financing scheme, evolving an urban and consistent industrial policy, revamping crumbling road infrastructure, and implementing a one-window operation,…
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Govt to phase out export financing | The Express Tribune
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ISLAMABAD: After giving it for 50 years, the government on Wednesday pulled the plug on a hidden export subsidy scheme and approved its transfer to the federal budget but rejected a proposal to increase the wheat support price to Rs4,000…
