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Monetary Policy Committee decides to maintain policy rate at 7%

Monetary Policy Committee decides to maintain policy rate at 7%. Islamabad: The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) held a meeting on Monday and announced maintaining the policy rate at 7% in...

Monal Restaurant built on CDA land, authority’s report finds

Monal Restaurant built on CDA land, authority’s report finds. ISLAMABAD: The Capital Development Authority (CDA) has stated that Monal Restaurant, a popular eatery in the protected Margalla Hills National Park, is built on its land....

CDA to spend Rs55bn on Islamabad development projects, PM told

CDA to spend Rs55bn on Islamabad development projects, PM told. Prime Minister (PM) Imran Khan on Thursday was apprised that the Capital Development Authority (CDA) would utilize Rs55 billion it had collected via auctions conducted...

Gilgit-Baltistan to be a province PM to make a formal announcement soon

Gilgit-Baltistan to be a province PM to make a formal announcement soon. ISLAMABAD: The government has decided to elevate Gilgit-Baltistan (G-B) to the status of a full-fledged province with all constitutional rights, including its representation...

Pak-China aimed to complete the second phase of CPEC FM Qureshi

Pak-China aimed to complete the second phase of CPEC FM Qureshi Islamabad: Foreign Minister Shah Mahmood Qureshi on Wednesday said Pakistan and China are committed to completing all projects in the second phase of the...

Govt to give incentives to overseas Pakistanis for investment: PM

Govt to give incentives to overseas Pakistanis for investment: PM ISLAMABAD: The prime minister said the government would give incentives to overseas Pakistanis for investment in the country and in the process of sending foreign...

Rauf Rind inaugurates Siliconia Plantation Project in Gwadar

Rauf Rind inaugurates Siliconia Plantation Project in Gwadar. QUETTA – Coordinator to Chief Minister Balochistan Mir Abdul Rauf Rind on Wednesday said according to the vision of Chief Minister (CM) Mir Jam Kamal Khan, Balochistan...

Punjab allowed to borrow funds from WB for introducing tax reforms

Punjab allowed to borrow funds from WB for introducing tax reforms. ISLAMABAD: In total disregard to the growing external public debt, tt The Central Development Working Party (CDWP) approved a concept clearance paper for the...

Six more sites identified for establishing parking plazas in Rawalpindi

Six more sites identified for establishing parking plazas in Rawalpindi. RAWALPINDI: Six parking-cum-commercial plazas will be constructed in Rawalpindi city and cantonment areas to end traffic congestion and illegal parking on main roads. The district...

Construction of the New Gwadar International Airport has entered its second phase

Construction of the New Gwadar International Airport has entered its second phase. Construction of the much-awaited New Gwadar International Airport has entered its second phase, as the joint Pakistan and China project pushes towards completion....