Tag: Financial

Rs 1.4b irregularities found in CDA contracts

The financial irregularities worth Rs 1.4 billion have been found in the contracts of four projects awarded by the Capital Development Authority in the...

First-ever Engineering and Financial Management Course starts at WAPDA

An 8-week Post Graduate Certificate Course in Engineering Management, jointly organized by the Pakistan Water and Power Development Authority (WAPDA) and Ghulam Ishaq Khan...

Mansoor Ijaz claims financial backing of mystery Indian political family

Mansoor Ijaz, the central character in Pakistan’s memogate scandal, told bankers he received $60 million from family’s Swiss bank holdings, The Hindu reported on...

Mental problems resonate in synchrony with financial crisis

Mental Health Federation of Pakistan organised a reception for Prof Tanvir Ahmad Rana, the first Pakistani professor to serve as a professor in Warwick...

Punjab posts promising numbers in first half of financial year 2011-12

Punjab Government’s financial condition was sound during first half of financial year 2011-12. Government released development funds to the tune of Rs125 billion in...

Financial Literacy programmeme to serve interest of financial sector: SBP

Yaseen Anwar, Governor, State Bank of Pakistan has said the Nationwide Financial Literacy programme (NFLP) will work towards improving financial inclusion and also serve...

LSE’s takes first step for financial literacy of youth

Managing Director Lahore Stock Exchange (LSE) Mr Aftab Ahmad Chaudhry initiated the first step towards national financial literacy awareness programme for youth. As part...

Finland to close embassy in Pakistan over financial woes

Finland plans to close down its embassy in Pakistan during 2012 due to budgetary constraints, the Finnish Foreign Ministry said on Wednesday. The decision...

ICBC-HBL consortium appointed financial advisor

Economic Coordination Committee (ECC) of cabinet’s steering committee on Iran-Pakistan (IP) pipeline has finalised a consortium of Industrial and Commercial Bank of China (ICBC)...

VCs discuss financial crisis with Hafeez

Vice chancellors of 10 public sector universities met Federal Finance Minister Dr Abdul Hafeez Sheikh here on Friday to discuss payment of additional grant...

The euro zone’s self-inflicted killer

There were a lot of things that were supposed to save Europe from potential financial Armageddon. Chief among them is the EFSF, or European...

US vague on financial assistance for dams

While Pakistan was looking for financial assistance for the Diamer Bhasha dam, Kurram Tangi dam and various other small and medium dams, the United...

Islamic Foundations: a new financial model

Many keen observers of Islamic banking & finance are not satisfied with the current “banking” based model of Islamic financial intermediation and hence suggest...

ASF gets improved financial package

Defence Minister Ch Ahmed Mukhtar announced an improved financial package for Airports Security Forces Pakistan by raising their salaries and allowances in accordance with...

Confessions of a Financial Deregulator

Back in the late 1990’s, in America at least, two schools of thought pushed for more financial deregulation – that is, for repealing the...

CDA’s financial position sinks further

The Capital Development Authority (CDA) is expected to sink further into financial crisis as they have offered up 700 plots in the first phase...

NDMA facing financial crises

Amid disasters, the National Disaster Management Authority (NDMA) is facing an acute financial crisis, as its officials cannot even visit the flood-hit areas without...