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Pakistan formally requested for $6.6 bn IMF loan: Dar

Source: Geo News | 23-08-2013

ISLAMABAD: Federal Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has submitted a formal application with the International Monetary Fund (IMF) for a loan program which the latter is expected approve by September 4.

“A formal request has been dispatched to IMF for the loan program and it is expected that the Fund will grant approval to the same by September 4,” Dar said while talking to Geo News here.

Pakistan is expected to receive 6.6 billion dollar loan program from the IMF and in this connection the former has fulfilled all the required conditions.

Railways ministry decides to cut train fares by 15-20pc

Source: Geo News | 06-10-2013

LAHORE: The ministry of railways has decided to decrease train fares by 15 to 25 percent, Geo News reported. Federal Minister for Railways Khawaja Saad Rafiq said the notification in this regard will be issued in few days. After the notification, train fares for AC Business class and AC Sleeper would be Rs3000 and Rs4000 from Lahore to Karachi, respect..... Read more

Pak-China Business Forumâ€š Expo kicks off

Source: Dunya News | 25-03-2013

It aims at to promote academia-industry collaboration in business and the economic sector for the benefit of the two countries. Comsats Institute of Information Technology (CIIT) will organise second Pak-China Business Forum from March 23-26, a statement said on Saturday.CIIT introduced an academia-driven model of business cooperation by establishing P..... Read more

Pakistan losing EU kinnow market

Source: The Nation | 13-03-2013

The Harvest Tradings Chief Executive Officer Ahmad Jawad has urged Punjab Industrial Estate Development and Management Company (PIE) to speed up the process of Industrial Estate at Tehsil Bhalwal which will be compromising on 400 acres. Talking to kinnow growers at Sargodha, he said after completion this project will make a strong push for the export of k..... Read more

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