Tag: housing
-
CDWP approves Rs7 billion for advancing Pakistan’s IT sector
During the Central Development Working Party (CDWP) meeting, chaired by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, five development projects were given approval, totaling Rs13 billion, according to a press release.
-
Inflation in Pakistan reaches nearly 50-year high, raising concerns for citizens
Pakistan’s inflation, as measured by the consumer price index (CPI), surged to a record-breaking 31.5 per cent in February, largely driven by steep price hikes in food, housing, and transportation groups. This concerning development was recently reported by the Pakistan Bureau of Statistics (PBS), and has heightened expectations of an increase in interest rates during…
-
Pakistan inflation hits highest level since 1973
According to the Pakistan Bureau of Statistics (PBS), Pakistan’s Consumer Price Index-based inflation (CPI) climbed by 27.3 per cent on a year-over-year basis in August 2022 as opposed to an increase of 24.9 per cent the previous month and 8.4 per cent in August 2021. Inflation has increased by an average of 26.1 per cent…
-
Three low-cost housing societies approved for Punjab
Mian Muhammad Aslam Iqbal, Punjab’s Minister for Housing and Urban Development, approved the launch of three low-cost housing societies on Thursday. This was announced at the 86th meeting of the Punjab Housing and Town Planning Agency (PHATA) board, which was presided over by the Housing Minister, at the agency’s office. These housing schemes will offer…