Tag: Funds
World Bank approves US $114m for TDPs in Pakistan
ISLAMABAD: The World Bank approved US$114 million on Thursday to significantly expand support for families affected by militancy-related violence, improve child healthcare and establish systems...
Steps being taken for development of province: Balochistan minister
KARACHI: All necessary steps are being taken for the development of the province and sufficient funds have been allocated to all the districts in...
LHC dismisses minority MPA’s plea for funds
The Lahore High Court (LHC) on Friday dismissed a petition filed by an opposition member of the Punjab Assembly elected on a reserved seat...
Opp accuses Punjab govt of allocating their funds to defeated rivals
Opp leader says govt insulting opposition members’ mandate by allocating development funds to people defeated in elections
Chief Minister Shehbaz Sharif attends session for 20...
BoK enquiry report to be presented on Monday
Chief Minister Khattak says govt won’t push through legislation without opposition’s input
Khyber Pakhtunkhwa (KP) Chief Minister Pervez Khattak Tuesday said that the cabinet enquiry...
Cameron not set to benefit from offshore funds
Prime Minister David Cameron, his wife and their children will not benefit in future from any offshore funds or trusts, a spokesman said on...
Malaysian PM Najib’s brother received funds before 2013 elections: WSJ
Malaysian Prime Minister Najib Razak’s brother received $7 million in funds that was transferred to his personal bank account from Najib’s before the country’s...
Altaf received funds from RAW, MQM man confesses to London police
Tariq Mir says only four party leaders had knowledge of RAW funding
Muttahida Qaumi Movement (MQM) leader Tariq Mir has made startling revelations about party’s...
CPEC western route: Funds allocated in PSDP for land acquisition
Parliamentary Secretary of Planning, Development and Reforms Saqlain Bukhari Thursday informed the National Assembly that funds have been allocated in Public Sector Development Programme (PSDP) for acquisition of land for western route of China Pakistan Economic Corridor (CPEC).
Replying to a question, he said that the process of land acquisition for Havellian to D.I Khan motorway will start next year.
He said that the $46 billion investment under CPEC would be allocated among three major sectors of the economy.
The major chunk of $35 billion (77% of $46 billion) had been allocated to boost the energy sector while $9.5 billion and $1 billion (21% and 2%) will be spent on highways/railways and Gwadar respectively.
He said that due to the nature of the investment, it was not possible to make an exact apportionment of the share of each province or territory. Energy projects are in Independent Power Producer (IPP) mode and outside public investment.
He said that new Gwadar airport was part of CPEC, adding the construction work was expected to start by mid 2016.
He said that Sukkur to Gwadar and Karachi to Gwadar railway line was also part of the long term plan of CPEC.
Railways minister writes letters to provincial chief executives for funds
Pakistan Railways Minister Khawaja Saad Rafique has written letters to chief executives of all provinces to release funds for the conversion of un-manned level...
18 govt dispensaries in Rawalpindi shuttered due to lack of funds
The Punjab government has decided to close down 18 dispensaries being run under the Rawalpindi Municipal Corporation phase-wise for want of funds, depriving the...
Senate body wants CPEC funds released
Senate panel for early fund release to conduct feasibility of industrial zones along the Western route of CPEC
Senate Standing Committee on Communications on Friday...
KPEC arrests social welfare secy for misappropriation of funds
The Khyber Pakhtunkhwa Ehtesab Commission (KPEC) on Tuesday arrested Social Welfare Department Secretary Sahibzada Fazal Amin for misappropriation of funds set aside for the...
Six per cent budget to go to district governments
Sindh government would allocate only 6 per cent funds to district governments from its development expenditure a total of Rs 793 billion was...
Rs 11.593 bln released for NHA under PSDP so far
The government of Pakistan released Rs 11.593 billion for National Highway Authority (NHA) under the Public Sector Development Programme (PSDP) till October 30.
According to...
NAB arrests bank manager for embezzling funds meant for terror affectees
NAB Khyber Pakhtunkhwa on Tuesday arrested the former Habib Bank Limited Khar Bajaur Agency branch manager Muhammad Iqbal presently posted as HBL Inayat Kalay...
US won’t stop Pak’s counter-terrorism support fund
The spokesperson for United States (US) State Department John Kirby has said that no decisions have been made with respect to decertification of counter-terrorism support fund to Pakistan which would stop US military aid to fight against terrorism.