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ECC authorises a Rs7.15 billion grant for the growth of the education sector.

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9 months ago

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ISALABAD (News Dunya) – For the fiscal year 2023–24, the Economic Coordination Committee (ECC) of the Cabinet approved a technical supplemental grant of Rs 7.15 billion for the Ministry of Federal Education and Professional Training’s “Actions To Strengthen Performance For Inclusive And Responsive Education (ASPIRE)” programme.

The ECC meeting was headed by Dr. Shamshad Akhtar, Caretaker Minister for Finance, Revenue, and Economic Affairs, according to a news statement from the Finance Ministry.

The 7th Population and Housing Census Technical Supplementary Grant of four billion rupees was also approved by the Economic Coordination Committee.

The ECC also authorised a Technical Supplementary Grant under a Japanese grant for Lahore’s clean drinking water supply and Khyber Pakhtunkhwa’s rural roads devastated by flooding.

The Committee approved the summary of the all-inclusive Sustainable Plan for Gilgit-Baltistan’s Subsidised Wheat Price Rationalisation.

In addition, further funding of 1591.624 million rupees was allocated for the purpose of recruiting experts and purchasing servers.

The Ministry of Aviation has been cleared to receive a 500 million rupee Technical Supplementary Grant by the Economic Coordination Committee.

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Gilani is called upon by Qatar’s envoy, and the acting president promises to deepen ties between Pakistan and Qatar.

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2 days ago

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Syed Yousaf Raza Gilani, the acting president, has stated that Pakistan places a high priority on its relationship with Qatar and emphasized the significance of further developing the two countries’ mutually beneficial ties.

When Qatar’s ambassador, Ali Mubarak Ali Essa Al-Khater, paid him a visit in Islamabad, he shared similar opinions.

Both nations have a lot of room to grow their commercial and economic ties, according to the acting president. He advised businesses in Qatar to benefit from Pakistan’s investment-friendly atmosphere.

The Ambassador expressed gratitude for Pakistan’s business-friendly environment and announced that Qatar’s Minister of Investment would soon travel to Pakistan with his group to investigate potential investment opportunities in a number of industries that would serve to advance economic ties.

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Energy Efficiency: SIFC to Invest $1 Billion on Hydrocracker Unit

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2 days ago

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When it comes to energy efficiency, oil refineries are getting some aid from the Special Investment Facilitation Council (SIFC).

Projects to enhance the refinery are the primary emphasis of the petroleum division, as instructed by SIFC. A Hydrocracker Unit to refine furnace oil into gasoline and diesel is being considered for installation at PARCO.

A more reliable supply of energy is one of the goals of the $1 billion Hydrocracker Unit.

Diesel and gasoline have been asked to be free from sales taxes by refineries as well. The sales tax statute of 1990, which presently applies sales tax to all goods and services, is currently undergoing changes, which includes this request.

With SIFC’s backing, these projects should help the energy sector expand and stabilize the economy.

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More than 10,000 students from Pakistan create a huge human flag, setting a new world record.

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3 days ago

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With the participation of children from Army Public School in Lahore in the creation of the largest flag, Pakistan sets yet another world record. The human flag was produced by almost 10,000 pupils.

As part of a patriotic exhibition, the students united to make a huge human flag of Pakistan, breaking the previous record set by India, where 7,368 pupils made a similar banner.

The Punjab government arranged the Lahore Youth Festival, which saw the setting of the new world record.

The Lahore Youth Festival’s remaining events will be held at Fortress Stadium in Lahore Cant from November 8 to November 10. The opening and closing ceremonies are expected to be colorful on November 8 and 10, respectively.

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