Asian Development Bank (ADB) President Masato Kanda on Friday announced a $3 million emergency grant to aid Pakistan in its ongoing flood relief efforts. The funding, provided through the Asia Pacific Disaster Response Fund, will be used to support urgent humanitarian assistance, including food, medical aid, shelter, and other critical supplies for communities severely affected…
In a major development, K-Electric has announced load-shedding exemptions for key business areas in Karachi, including Jama Cloth Market and Burns Road. The move marks a significant step toward K-Electric’s goal of making Karachi 90 percent load-shedding-free by 2030. According to a K-Electric spokesperson, the exemption is the result of joint efforts between the company…
The Asian Development Bank (ADB) has approved $800 million loan for Pakistan. According to the ADB’s official statement, the amount for Pakistan has been approved under Resources Mobilization Reforms Program. The statement further stated that Pakistan enjoys majority of support of at the Asian Development Bank (ADB). Earlier it was reported that the World Bank…
Federal Minister for Planning and Development Prof Ahsan Iqbal chairing a meeting. — MOIB website/File ISLAMABAD: The Annual Plan Coordination Committee (APCC) will meet on Monday, June 2, to draft proposals for the next fiscal year’s development budget, Geo News reported citing sources. The sources said Federal Minister for Planning and Development Ahsan Iqbal would…
US President Donald Trump makes an announcement regarding the Golden Dome missile defence shield in the Oval Office of the White House in Washington, DC, US, May 20, 2025. US President Donald Trump has announced new details and initial funding for his “Golden Dome” global anti-missile system, with geopolitical rival China accusing Washington on Wednesday…
