Tag: additional

WB approves additional $35m for water resources

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article image STAFF REPORT ISB: The World Bank has approved an additional financing of $35 million to support improved management, planning and development of water resources in the Indus River Basin with better environmental and social considerations. This financing would help enhance the government's capacity to address the basin level management of Indus water resources, including support to climate-change adaptation and mitigation measures. "Water sector issues are enormous and complex and…Read More

LHC bars additional tax on incoming foreign calls

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STAFF REPORT LHR: Giving immediate relief to the overseas Pakistan on Eidul Azha, the Lahore High Court suspended the notification of the Ministry of Information Technology of imposing additional tax on the incoming international calls to the country.Many of 6.5 million overseas Pakistanis were protesting against the imposition of tax, which is widely believed as an attempt to benefit’ a cartel of 14 Long Distance International (LDI) operators.It is to be mentioned here that a Lahore-based…Read More