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In Pakistan, the Bogo Liv app. App Development Is Essential for Digital Financial Solutions: Dar

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3 months ago

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The Bogo Liv Application, which promises to give customers safe digital payment services, was launched by Deputy Prime Minister and Foreign Minister Ishaq Dar.

Dar stressed in his remarks on the eve how the app may transform financial transactions in Pakistan. This application is an inventive example of the digital economy in Pakistan.

He also emphasized the nation’s varied population, rich mineral resources, and lush agricultural terrain.

Ishaq Dar evaluated Pakistan’s economic development and pointed out that all of the major multilateral bodies acknowledged the country’s accomplishments in 2017.

A significant step towards advancing digital financial solutions in Pakistan, the Bogo Liv App complements the government’s larger economic reforms.

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The inaugural senior citizen club in Pakistan will be created in Peshawar.

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19 hours ago

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Peshawar is poised to inaugurate Pakistan’s inaugural government-operated Senior Citizen Club, as the project’s PC-1 nears completion.

KP Chief Minister Ali Amin Gandapur declared that following its successful execution in Peshawar, the program will be extended to other districts.

Official photographs of the proposed project, showcasing the club’s design and amenities, have been disseminated on the Chief Minister’s official page.

The club will cater to individuals aged 58 and above, offering free medical care, dining options, indoor games, a gym, a salon, and other recreational amenities.

The Senior Citizen Club will provide residential rooms for temporary housing of its members.

The Chief Minister of KP affirmed his dedication to guaranteeing the project’s success and improving the quality of life for elderly persons.

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With $488.4 million invested, the power sector leads the FDI surge in FY 2025.

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Investment in eco-friendly technologies and renewable energy is increased by the Special Investment Facilitation Council, opening the door for sustainable development.
The first half of fiscal year 2025 saw a 20% increase in foreign direct investment, reaching $1.3 billion.
FDI is highest in the power sector, which received $488.4 million in the first half of fiscal year 2025.
The oil and gas industry receives $166.7 million in investment, while the financial services industry draws $353 million.
China has invested $535.5 million in the first half of FY 2025, making it the largest partner.
Growth in the Digital Economy is Driven by Foreign Direct Investment: Pakistan’s IT Sector and Skilled Workforce Face Significant Opportunities

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China Invests in Pakistan: $250 Million Memorandums of Understanding Signed to Promote Medical Trade

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With the assistance of the Special Investment Facilitation Council and government initiatives, Pakistan has established a climate that is conducive to investment.

A total of 80 Chinese businesses have shown their desire to collaborate in Pakistan’s medical equipment industry.

To encourage trade in the medical and surgical industries, memorandums of understanding estimated at $250 million have been inked.

In order to grow Pakistan’s medical equipment industry, Chinese businesses are promoting collaborative partnerships. It is anticipated that China’s cutting-edge technology would support the expansion of the medical sector, drawing investors with tax breaks and a highly qualified workforce.

Chinese investment is anticipated to support further growth in Pakistan’s medical industry, which is currently valued at over 600 million dollars.

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