Tag: finance

USF agreed to finance Telenor and Ufone

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STAFF REPORT ISB: Realizing the enormous land significance of far-flung urban communities of Baluchistan and Khyber-Pakhtunkhwa, the Universal Service Fund (USF) has honored an immense aggregate of Rs 8.76 Billion to Telenor and Ufone to give fundamental telephony and information services to the number of inhabitants in Shangla, Zhob and Sibi. An agreement of worth Rs.3.61 Billion has been conceded to Zhob which is a residential community and the locale capital of Zhob Region in Balochistan…Read More

MNFSR presents proposal to Finance Minister

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Staff Report ISB: In a meeting chaired by Finance Minister Ishaq Dar this week; he was briefed in detail by Seerat Asghar, Secretary Ministry of National Food Security and Research (MNFSR) about the zones which require focus of the government at large. Minister said that the proposals put forth by the Ministry were all aimed at guaranteeing food security for the people at large and measures through which agriculture yield could be enhanced. He said the government would focus…Read More

MNFSR presents proposal to Finance Minister

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article image Staff Report ISB: In a meeting chaired by Finance Minister Ishaq Dar this week; he was briefed in detail by Seerat Asghar, Secretary Ministry of National Food Security and Research (MNFSR) about the zones which require focus of the government at large. Minister said that the proposals put forth by the Ministry were all aimed at guaranteeing food security for the people at large and measures through which agriculture yield could be enhanced. He said the government would focus…Read More

Finance for developing countries must be part of Global Climate Agreement: Mushahidullah

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article image Staff Report ISB: Mushahidullah Khan, Federal Minister for Climate Change, has warmly applauded Francois Hollande, French President on his statement pertaining to global climate agreement which is highly anticipated. Earlier, the French President said on the occasion of 6th international Petersberg Climate Dialogue `Reaching for the Paris outcome', held at Germany that a scheme for bolstering up climate finance for developing countries to $100 billion a year by 2020 is inevitable to agreeing…Read More

Hasnat Ahmed Qureshi appointed as Member Finance, Pakistan Science Foundation

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article image Staff Report ISD: A new entrant Hasnat Ahmed Qureshi has joined in Pakistan Science Foundation (PSF) as Member Finance recently. Hasnat, was an officer of the Department of Auditor General of Pakistan. Hasnat Ahmed Qureshi is a foreign qualified professional who attained degrees of Public Finance from UK and HRM from Canada. He exhibits rich experience in public sector financial management, auditing, and administration.. He worked at focal positions in reputed organizations such as…Read More

Korean bank ready to finance technology park

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STAFF REPORT ISB: The Pakistan Software Export Board (PSEB) has been directed to establish an "interactive communication portal" to ensure an effective liaison with over 100 IT companies already registered with the Board. "The Exim Bank Korea has agreed to finance establishment of first technology park in Islamabad," Minister of State for IT Anusha Rahman while chairing the PSEB Board of Directors meeting. She said that they are going to start their feasibility study…Read More

KOREAN EXIM Agreed To Finance Establishment Of First IT Park In Pakistan

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article image "We have to enhance the level of Interaction between Government and indigenous IT companies. Therefore PSEB is directed to establish an "Interactive communication portal" to ensure an effective liason with eleven hundred plus IT companies, which are already registered with PSEB". Minister of State for IT Mrs. Anusha Rahman, stated, while chairing 28thBoard of Directors meeting of PSEB . Federal Secretary IT Mr. Azmat Ali Rangha, MD-PSEB Mr. Asim Shehryar, Dr. Shoaib…Read More

US willing to partially finance Bhasha Dam

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article image STAFF REPORT IBD: The United States has shown its willingness to partially finance the gigantic Diamer Bhasha Dam to ease water and power shortage in Pakistan and this comes at a time when multilateral donors have backed down on assurances of funds following Indian objections on the project."Bhasha Dam needs massive financing and we can extend partial assistance for the project," US Agency for International Development (USAID) Country Director Jock Conly told the media last week.He…Read More

Meezan Bank offers to finance Dell laptop

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article image STAFF REPORT KHI: Meezan Bank has joined hands with M/s. Unique Technologies for financing of "Dell" brand of laptop computers through Meezan Bank’s Laptop financing product, Laptop Ease.The Laptop Ease is a Riba-free financing product based on the concept of Musawamah’ whereby Meezan Bank provides financing for purchase of laptops at easy installments payable over 3 to 24 months. After signing of this agreement, the bank will also provide financing for Dell laptops.The signing…Read More

ICT R and D Fund plans to finance IT sector survey

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article image STAFF REPORT IBD: The National ICT RandD Fund has planned to finance a comprehensive survey study of Pakistan Information Technology (IT) and Enable Services (ITES) industry in order to collect database of all operating companies of all sizes including key economic indicators, business volume and turnover, their technical and human resources, and rudimentary information.This survey study will not only be an important headway towards streamlining the industry and its players, but it will also…Read More

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