Tag: World Bank loan
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Finance Minister Aurangzeb meets Donald Lu in Washington DC
Finance Minister Muhammad Aurangzeb held a high-level meeting with the United States State Department Assistant Secretary Donald Lu at World Bank headquarters in Washington to discuss financial reforms that Pakistan is planning to implement. The meeting was held in the background of the Finance Minister’s visit to Washington in order to finalize talks about the…
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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.
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FBR to increase property valuation rates by 13-15% in accordance with World Bank loan conditions
In accordance with the loan conditions set by the World Bank, the Federal Board of Revenue (FBR) has made the decision to increase property valuation rates in various urban centers across the country. This increase will range from 13 per cent to 15 per cent on average.