Tag: Funds

Punjab govt releases over Rs 45b for development

The Punjab government has released funds worth Rs 49.592 billion to executing agencies for various development sectors against the net development program of Rs...

Maintenance contractors await release of funds from CDA

Contractors deployed for construction and maintenance in the federal capital, under CDA’s Assignments Accounts could not receive payment of their bills from the Capital...

Maintenance contractors await funds release from CDA

The contractors deployed for the construction and maintenance in the federal capital under CDA’s Assignments Accounts could not get payment of the bills from...

Secret funds are used for national security, information gathering: govt counsel

The secret fund allocated for the Ministry of Information and Broadcasting is used for national security and to dig out information related to the...

Ministry of Information & Broadcasting funds auditable: Kaira

Minister for Information and Broadcasting Qamar Zaman Kaira has said that Prime Minister Raja Pervez Ashraf will again appear before the Supreme Court in...

Kaira rejects allegations of secret funds

Rejecting the allegations of secret funds, Information Minister Qamar Zaman Kaira on Friday said a specific impression was being created against the ministry through...

China official flees country with funds

An official in northeast China has fled the country, allegedly taking tens of millions of dollars with him, amid a probe into corruption, a...

Lagging behind electronically

Only 25 percent of low-income countries process cash transfers and social benefits electronically and this percentage is only slightly higher for public sector salaries...

U.S. Releases New Funds for Pakistani Energy Projects

The U.S. Congress has released $280 million in new U.S. assistance to support Pakistan’s energy sector. According to US Embassy Spokesman, funds will...

France to funds 90 students’ higher education

France, through its embassy in Islamabad, will offer scholarships to 90 promising students of six Pakistani universities in the fields of social science, business...

‘Poor’ CDA selling plots to generate funds

The sale of costly plots has become a routine, allegedly to manage day-to-day matters of the Capital Development Authority (CDA), causing an irreparable loss...

Public funds are not meant to satisfy the politicians’ greed

The Lahore High Court (LHC) has said that funds allocated for various development projects in the budget are public property and should not be...

Rs 38.9b released for HEC in FY2011-2012: Minister

Professional and Technical Training Minister Sheikh Waqas Akram, on Thursday, in response to calling attention notice regarding non-release of funds to Higher Education Commission...

Strategy final for releasing funds for FY 2012-13

The ministry of finance has finalised a strategy regarding release of funds for the financial year (FY) 2012-13 for current and development expenditure. The...

PM orders for immediate release of funds to HEC

Prime Minister Raja Pervaiz Ashraf has directed the Finance Ministry to release the funds allocated for the Higher Education Commission (HEC). The general body...

SBP gives microfinance sector the lollipop

The State Bank of Pakistan (SBP) has allowed microfinance providers (MFPs) to mobilise funding from non-bank sources and the capital market under the Microfinance...

Shahbaz eyes Rs70b BISP funds for electricity projects

Punjab Chief Minister Shahabaz Sharif said on Friday that Rs 70 billion from the Benazir Income Support Programme should be spent on electricity projects....