For Overseas Pakistanis, Federal Minister for Overseas Pakistanis and Human Resources Creation, Sajid Hussain Turi has laid the foundation stone of a multi-floor building at OPF Housing Scheme Raiwind Road, Lahore. The building was to include 21 floors of shops and restaurants, as reported in a press release.
China Agrees to give $1.6 Billion soft loan to Pakistan for Karakoram Highway.Pakistan has approached China to provide a soft loan of $1.6 Billion for the reconstruction of Karakoram Highway from Thakot to Raikot under CPEC.
The CEO of Eighteen Elite Real Estate Mr.Tareq Hamdy met with Finance Minister Ishaq Dar at Finance Division. It was discussed in the meeting that Egyptian Businessman wants to strengthen commercial relationships with Pakistan and interested to invest in real estate in Pakistan.
Prime Minister Shahbaz Sharif has ordered the authorities to take serious steps to reduce circular depts in energy sector and reduced the markets timings till 8pm to save energy.(Source:Dawn News)
Commissioner Rawalpindi Saqib Manan has given the 31st December Deadline to computerize the land records of Rawalpindi. Daily News
State Bank of Pakistan has reported that the current account deficit has reduced from $0.57bln to $0.28bln during first five months of this fiscal year as compared to last year.
The chief minister of Punjab, Chaudhry Pervaiz Elahi, has agreed to provide the Ravi Urban Development Authority (RUDA) with a list of all housing developments that are located within its administrative boundaries. (Source: Reported) Daily News
Capital Development Authority (CDA) has removed request for a No Objection Certificate from its Building Control Directorate for family transfers of residential property.(Reported by News Source).
Foreign exchange reserves stand at $12.58 Billion(Source: Associated Press of Pakistan)