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Rawalpindi's beautification project

RAWALPINDI’S BEAUTIFICATION PROJECT APPROVED

RAWALPINDI’S BEAUTIFICATION PROJECT The project to convert twisting lanes of almost 300 year old bazaars of the old city area to pedestrian-only heritage trail got official approval on Wednesday (30.DEC.2020). Meanwhile, the special city beautification committee has approved the project-concept (PC) I for the conversion of streets passing through different old markets into proper walking...

PMRC signs agreement

PMRC SIGNS AGREEMENT WITH 6 BANKS TO PROMOTE LOW COST HOUSING LOANS

Pakistan Mortgage Refinance Corporation (PMRC), as Trustee of the Credit Guarantee Trust, on Monday signed a master guarantee agreement with six leading Islamic and conventional banks. to promote affordable housing specially for the low income segments of the society. The CEOs of Meezan Bank Limited, Habib Bank Limited, Bank Islami Pakistan Limited, Faysal Bank Limited, JS Bank Limited and Soneri Bank...

foreign exchange

MARKET-BASED EXCHANGE RATE SYSTEM;STATE BANK’S FOREIGN RESERVES HAVE RISEN TO 12.9 BN

EXCHANGE RATE SYSTEM Pakistan's exchange rate is a "market-based exchange rate system" that follows supply and demand, but State Bank can not leave it entirely to the market, Raza Baqir said in his first press conference as State Bank of Pakistan (SBP) governor. 'So, if there is volatility, then the State Bank intervenes. You need to keep a close eye on the market. That is our regime, and we want to go...


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