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November 24, 2021

PM accords approval to merger of ERRA into NDMA

Prime Minister Imran Khan has accorded approval to the merger of Earthquake Reconstruction and Rehabilitation Authority into National Disaster Management Authority. Presiding over a meeting of the ERRA Council in Islamabad today [Wednesday], he issued directives to hand over 2,200 completed projects of ERRA to the concerned provincial governments and

ECNEC approves 69 km long Sialkot–Kharian Motorway

Executive Committee of the National Economic Council has approved Sialkot–Kharian Motorway project costing Rs.43,382.552 million for construction of 69 kilometer long, 04-lane wide Sambrial- Kharian Motorway. Adviser to the Prime Minister on Finance and Revenue Mr. Shaukat Tarin, chaired the Executive Committee of the National Economic Council (ECNEC) meeting today.

Finance Ministry Rubbishes False Claims About LNG Shortfalls During Winters

In an interesting development, a certain news item published in the national daily, The News, titled, “Govt couldn’t purchase gas Cargoes in time, admits Tarin,” has been dubbed by the Finance Ministry as misleading and out of context. When the anchor, Nadeem Malik, asked about the gas shortfall situation in

Dozens of Companies Are Pulling Out of China to Set Up in Gwadar

Ministry of Maritime Affairs has informed the Senate Committee that 40-45 Chinese companies are being dislocated from China and anticipated to set up their plants in Pakistan, especially in Gwadar, in the next two years. The Senate Standing Committee on Maritime Affairs met on Wednesday under the Chairmanship of Senator

Rupee Crashes Again Breaking the Winning Streak Against the US Dollar

The Pakistani Rupee (PKR) has broken its winning streak against the US Dollar (USD) once again and depreciated 73 paisas against the greenback in the interbank market. It depreciated by 0.42 percent against the USD and closed at Rs. 175.04 today after it posted gains of 46 paisas and closed

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