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3.7 billion rupees will be distributed amongst the federating units under Green Pakistan Project to enhance forest cover in the country. The project was approved by the Central Development Working Party in a meeting yesterday on the directions of the Prime Minister. This is the largest evergreen sector program in the country's history which will enable Pakistan to access one hundred billion dollars global green fund.

World Bank lauds Pakistan’s reforms agenda in revamping economy

The report projects that the pace of Pakistan’s economic growth will accelerate to 5.4 percent in fiscal year 2018. World Bank says Pakistan’s economic growth in current fiscal year has soared to 4.7 percent, which is the highest in eight years.  In a fresh report, the Bank lauded Pakistan's reforms agenda in revamping the economy.  It noted that Pakistan is making good progress in restoring macroeconomic stability and reducing poverty. The report projects that the pace of Pakistan’s economic growth will accelerate to 5.4 percent in fiscal year 2018.

Govt expedites work on Lowari tunnel project

About 90 percent work has been completed and tunnel will be opened for traffic in March next year. The Federal Government has expedited work on construction of Lowari Tunnel to minimize sufferings of people of Chitral. Sources of National Highway Authority (NHA) told our Peshawar correspondent that about ninety percent work has been completed and  tunnel will be opened for traffic in March next year. They said government is spending twenty seven billion rupees on the construction of 8. 7 km long Lowari Tunnel and fourteen km long approach roads.

Negotiate access of 50 high potential export items to Thailand before signing FTA

Pakistan must ensure preferential access for its high potential export items to Thailand before it takes decision to signs Free Trade Agreement (FTA) with it, suggested Pakistan Business Council (PBC), in its latest report. The PBC report “2016 Second Review of the Feasibility of Free Trade Agreement between Pakistan and Thailand,” finds that the total trade potential within the top 50 high potential items is $1.86 billion, however, Pakistan’s exports to Thailand for these products amounted to a mere $21 million.

 

Host: Sajid Farooq

Co-Host: Tanveer Hussain


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