VISA to Launch New Card in Pakistan to Boost Domestic Transactions
On the final day of his visit to Washington DC to participate in the Annual Meetings of the World Bank Group and IMF, Federal Minister for Finance and Revenue, Muhammad Aurangzeb, met with Andrew Torre, Regional President for VISA. He appreciated Visa’s commitment
Pakistan to Get $1.6 Billion From China for Karakoram Highway Project
Pakistan is close to finalizing a $1.6 billion financing agreement with China for upgrading the Thakot-Raikot section of the Karakoram Highway, sources familiar with the negotiations informed ProPakistani. The Finance Ministry, Planning Commission, and Economic Affairs Division are engaged in discussions with Chinese
NHA’s Annual Revenue Goes up to Rs. 110 Billion
The annual revenue of the National Highway Authority (NHA) has increased to Rs. 110 billion while revenue collection at toll plazas has also reached Rs. 64 billion. Federal Minister for Communications Abdul Aleem Khan highlighted this while presiding over a high-level meeting on
Pakistan Railways Seeks 130% Increase in Budget for Importing Over 1,000 Bogies
Pakistan Railways (PR) has requested a 130 percent increase in its budget from Rs. 31 billion to Rs. 71 billion for procuring 1,050 bogies. This request has faced strong objections from the Ministries of Finance and Planning when presented to the Central Development
