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World Bank provides $12 million grant for displaced families

ISLAMABAD: World Bank has provided an additional grant worth $12 million for the earlier recovery and return of displaced families in former tribal areas of Khyber Pakhtunkhwa. Minister for Economic Affairs Makhdoom Khusro Bakhtiar witnessed the signing ceremony of Additional

Indus Hospital refutes corruption allegations, terms Global Fund’s report a ‘draft’

KARACHI: Indus Hospital has clarified reports in various sections of the media that it was involved in $4.2 million fraud in a grant to eradicate tuberculosis, calling them “misleading, exaggerated and not based on facts.” A letter by Chief Executive

World Bank signs agreement to provide $200mn for COVID-19 response

ISLAMABAD: World Bank has signed a financing agreement worth $200 million with government of Pakistan for Covid-19 pandemic response. The project titled ‘Pandemic Response Effectiveness in Pakistan’ will support the government to prepare and respond to the disease and strengthen

ECC approves grant of Rs6bn subsidy for USC

ISLAMABAD: Economic Coordination Committee of the federal cabinet has approved grant of Rs6 billion subsidy for Utility Stores Corporation of Pakistan for procurement of essential commodities. Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh chaired the meeting approved