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Business

Crop insurance services in country need to be on a par with region’s: President

By Web Admin
December 14, 2022
in :  Business

ISLAMABAD, Dec. 14, (INP-WealthPK)—President of Pakistan Dr Arif Alvi has highlighted the need for increased coverage of the agricultural sector under insurance policies to meet the regional level. He expressed this desire during a meeting on crop insurance organized by the Federal Insurance Ombudsman (FIO) in Islamabad. The President said that crop insurance is necessary to fight food insecurity in …

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Business

Huge market exists in China for Pakistani pine nuts

By Web Admin
December 14, 2022
in :  Business

ISLAMABAD, Dec. 14 (INP-WealthPK) — A large market exists in China for Pakistani dried fruits. China is also one of the biggest buyers of pine nuts from Pakistan. Talking to WealthPK, Dr Nurullah, Senior Scientific Officer at the National Agriculture Research Centre (NARC), said Pakistan is an incredibly fortunate country with a wide range of abilities in every genre. It …

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Business

$22 billion FDI made in 42 power generation projects

By Web Admin
December 13, 2022
in :  Business

ISLAMABAD, Dec 13 (INP-WealthPK) — About 22 billion dollars in foreign direct investment (FDI) has already been made through the commissioning of over 42 power generation projects based on various fuels and technologies. Private Power Infrastructure Board (PPIB) has completed these multi-billion-dollar projects with a combined power capacity of 19,261 MW, an official told WealthPK. In addition to these power …

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Business

Land Record Authority’s app to be launched soon: minister

By Web Admin
December 13, 2022
in :  Business

LAHORE, Dec 13 (INP-WealthPK): Provincial Revenue Minister Nawabzada Mansoor Ahmad Khan has said that the Punjab Land Record Authority (PLRA) mobile app will be launched this month. He expressed these views during a meeting with various delegations in his office here on Thursday. The minister said that the provision of facilities, including e-Gardavari, e-Registration and WhatsApp call center, would be …

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Business

Govt releases Rs 296 million to advance nine petroleum sector projects

By Web Admin
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13 (INP-WealthPK): The government has released Rs296.10 million funds to advance nine ongoing petroleum-related projects during the first four months of the current fiscal year (2022-23) under the Public Sector Development Programme (PSDP) against a total allocation of Rs1.48 billion. As per information available with WealthPK, out of total disbursement of Rs296.10 million, around Rs11.44 million has been …

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Business

Govt asked to revise fiscal, macroeconomic policies to contain deficit

By Web Admin
December 13, 2022
in :  Business

ISLAMABAD, Dec. 13 (INP-WealthPK) — The All Pakistan Business Forum (APBF) has urged the government to exercise strict control over spending and the high cost of debt servicing to reduce the estimated budget deficit of Rs 4 trillion, or around 6% of GDP, for the current fiscal year, 2022–2023. APBF President Syed Maaz Mahmood noted that the one major expense …

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