A Saudi minister says the development fund may invest more than $100 million in mining infrastructure in Pakistan – Trendy Blogger

A Saudi minister says the development fund may invest more than 0 million in mining infrastructure in Pakistan

 – Trendy Blogger

Saudi Mining Minister Bandar Al-Khorayef said that the mining company Manara Metals is considering investing in the Pakistani Reko Diq mine. The Saudi Development Fund (SDF) can contribute more than $100 million to mining infrastructure in Pakistan. “Part of what we are looking at is how we can also help Pakistan with some infrastructure,” Al … Read more

The National Task Force develops a roadmap for AI-powered sector transformation and national development – Trendy Blogger

The National Task Force develops a roadmap for AI-powered sector transformation and national development

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Minister of Planning, Development and Special Initiatives Professor Ahsan Iqbal on Tuesday chaired a meeting of the National Task Force on Artificial Intelligence, which included senior government officials, industry leaders and experts. The meeting discussed the AI ​​implementation roadmap that has been meticulously crafted through the collaborative efforts of the National Center for Artificial Intelligence … Read more

The Minister of Planning urges the development of a medium-term framework to liberalize the sugar industry – Trendy Blogger

The Minister of Planning urges the development of a medium-term framework to liberalize the sugar industry

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Planning Minister Ahsan Iqbal directed a medium-term framework for the liberalization of the sugar industry in Pakistan, stressing the need for data accuracy, crop zoning and backward integration to enhance productivity and export potential. Iqbal, who chaired a meeting of the Prime Minister’s Committee on Sugar Storage, Forecasting and Planning, stressed the importance of effective … Read more

LHC focuses on prison industries and inmate skills development – Trendy Blogger

LHC focuses on prison industries and inmate skills development

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The Lahore High Court has ordered the government to revamp prison industries and provide inmates with basic skills to aid their rehabilitation and reintegration into society. The court stressed the alignment of educational curricula in prisons with public and private institutions to enhance inmates’ job opportunities after release. In response to a public interest petition … Read more

The power department is investigating NTDC over the removal of development plans and project delays – Trendy Blogger

The power department is investigating NTDC over the removal of development plans and project delays

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The Power Department has initiated an investigation against the National Transmission and Dispatch Corporation (NTDC) over the removal of several development schemes from the Public Sector Development Program (PSDP). Business Registrar It stated that the plans that were removed include the World Bank-financed Electricity Distribution Efficiency Improvement Project (EDEIP). The deletion of major development plans … Read more

Federal development spending slows to Rs 115 billion amid fiscal constraints – Trendy Blogger

Federal development spending slows to Rs 115 billion amid fiscal constraints

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The federal government’s development spending slowed to Rs115 billion in the first five months of the fiscal year due to fiscal constraints, far below the Rs376 billion allowed under the Public Sector Development Program (PSDP) for 2024-25. The Ministry of Planning authorized significant spending from July to November, but actual spending represented only 10% of … Read more

CDWP approves and forwards 15 development projects worth Rs422.704 billion – Trendy Blogger

CDWP approves and forwards 15 development projects worth Rs422.704 billion

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The Central Development Work Party (CDWP), headed by Planning, Development and Special Initiatives Minister Ahsan Iqbal, approved 15 development projects worth Rs422.704 billion during its meeting on Sunday. Of these projects, six projects worth Rs17.95 billion were directly approved, while nine projects worth a total of Rs404.754 billion were referred to the Executive Committee of … Read more

Pakistan and the Asian Development Bank sign a $330 million loan agreement for social protection – Trendy Blogger

Pakistan and the Asian Development Bank sign a 0 million loan agreement for social protection

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Pakistan and the Asian Development Bank (ADB) have signed a loan agreement worth US$330 million for additional financing of the Integrated Social Protection Development Program (ISPDP). According to a press release issued by the Department of Economic Affairs on Saturday, this program builds on an existing ADB-funded initiative aimed at strengthening and expanding social protection … Read more

Pakistan receives a $500 million loan from the Asian Development Bank for climate resilience projects – Trendy Blogger

Pakistan receives a 0 million loan from the Asian Development Bank for climate resilience projects

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ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $500 million loan agreement for the Climate and Disaster Resilience Enhancement Program (CDREP) to strengthen the country’s resilience in the face of disasters caused by natural hazards and the impacts of environmental crises. The program aims to strengthen Pakistan’s institutional capacity for planning, … Read more

Pakistan needs $390 billion investment to transition to low-carbon energy by 2050: Asian Development Bank – Trendy Blogger

Pakistan needs 0 billion investment to transition to low-carbon energy by 2050: Asian Development Bank  

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Pakistan will need more than $390 billion in additional investments by 2050 to transition toward low-carbon energy solutions, including switching from coal to gas in industries, electrifying transportation, and replacing gas with electricity for cooking, according to a recent report by the Organization of Islamic Cooperation. . Asian Development Bank (ADB). The report, titled “Pakistan’s … Read more