Punjab Government Aims for $210 Million ADB Loan to Strengthen Climate Resilience

The Punjab government has sought a $210 million loan from the Asian Development Bank (ADB) to enhance climate resilience and improve urban infrastructure in the province. The project, known as “Developing Resilient Environments and Advancing Municipal Services” (DREAMS), will focus on creating sustainable and low-carbon municipal services in Sargodha and Dera Ghazi Khan, ensuring a …

Punjab Government Backs Off from PIA Acquisition

LAHORE: The Punjab government announced on Monday that it will not pursue the acquisition of Pakistan International Airlines (PIA). This decision comes amid a significant shift in the privatization landscape of the struggling national carrier. No Plans for PIA Purchase Punjab Information Minister Azma Bokhari confirmed during a press conference that the provincial government has …

Govt to suspend TLP under anti-terror law

ISLAMABAD: Interior Minister Sheikh Rasheed has said that the federal government has agreed to suspend the Tehreek-e-Labbaik Pakistan (TLP) under the anti-terrorism law. The federal minister said that the decision was made at the behest of the Punjab government. “We are forwarding a summary to the federal cabinet in order to place a ban on …

Pakistan receives a loan of $304 million from the World Bank

Karachi: The Economic Affairs Minister Makhdoom Khusro Bhakhtiar stated that the government of Pakistan is ready to make efforts in improving fiscal management. This will be done by increasing domestic revenues and investing in development initiatives. The Minister was speaking at the event where a $304 m loan has been lent from the World Bank, …

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