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ISLAMABAD: Details of loans taken from international financial institutions have been tabled in the Senate.

According to details, the finance ministry told the Senate that 4 4.111 billion had been borrowed from the World Bank for 21 institutions, and 66 3.66 billion from the Asian Development Bank.

A 68 680 million loan was taken from the Islamic Development Bank, while a 80 800 million loan was taken from the Asian Infrastructure Investment Development Bank.

According to the Ministry of Finance, the government signed 21 agreements with the World Bank, 22 agreements with the Asian Development Bank, and 58 agreements with international financial institutions to reform public institutions.

According to the Ministry of Finance, the interest rate on the loan taken from the IMF is 4.05. The repayment process will start from 2024 and will continue till 2032.

Privatization list

The list of 19 entities included in the privatization list was also tabled in the Senate. PIA’s Rose Welt Hotel New York is also included in the privatization list. Block Power Plant, Haveli Bahadur Shah Plant, SME Bank are also included in the list. Include

Privatization list includes First Women Bank, Pakistan Steel, Pakistan Engineering Company, Services International Hotel, Jinnah Convention Center, Mari Petroleum, Nandipur Power Plant, State Life Insurance Corporation, OGDCL, Pakistan Petroleum Limited, and Guddu Power Plant. Also included.

Rising drug prices

A notice was also tabled in the Senate to draw attention to the increase in the prices of medicines. Senator Mushtaq Ahmed said that the government had twice increased the prices of medicines, which affected every household. After adding 500 per cent, he said that it was because of this. In order to ensure the availability of medicines, the government knelt before the pharma mafia.

Senator Mushtaq said that the heads of 45 pharma companies are PTI officials, is that correct? Drape is currently sponsoring the pharma mafia. We demand that the prices of medicines be brought to the level of June 2018. The NAB does not see the corruption of the pharma mafia.

Corona damages the country’s economy

During Question Hour in the Senate session, the Ministry of Finance presented the details of the losses incurred by the Corona to the national economy, in which it was said that due to Corona, the GDP growth rate fell by 2% and the FBR received Rs. Deficit, GDP fell from 2.4% to minus 0.4%, budget deficit also increased by 1%, budget deficit stood at 8.1% instead of 7.5%, Pakistani exports The target was also reduced.

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Zimbabwe cricket team’s corona test results came

Lahore: Zimbabwe cricket team’s corona test results have come, all the players’ corona tests have come negative.

According to the details, corona tests were conducted on the occasion of Zimbabwe cricket team’s tour of Pakistan. The reports came, all the players’ tests were negative while the corona tests of Zimbabwe’s coaches and officials were also negative.

Sources said that the Zimbabwean players practiced today after the Corona Test, however, all the Zimbabwean players and officials will remain in quarantine till the 27th.

The Zimbabwean team will practice at the Pindi Cricket Stadium on the 28th and 29th.
On the other hand, the corona tests of the players of the national cricket team will be held today. The training camp for the national players will consist of 4 days for which the PCB has allowed the players to have families together.

It may be recalled that the first ODI between Pakistan and Zimbabwe will be played on October 30 in Rawalpindi, the second ODI on November 1 and the third and final match on November 3.

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The path to foreign investment in Pakistan began to pave

ISLAMABAD: A Turkish delegation will arrive in Pakistan today for investment. The CAA has given permission for a Turkish plane to land in Islamabad.

According to details, the way for foreign investment in Pakistan has started to be paved. The Turkish delegation will arrive in Pakistan today for investment.

Civil Aviation allowed the Turkish plane to land in Islamabad and issued a notification regarding the plane. The Turkish plane was allowed at the request of the Ministry of Overseas.

During the visit, the Turkish delegation will meet top government officials, including the Prime Minister.

Remember that the Turkish delegation is visiting at the invitation of the Ministry of Overseas Pakistanis.

It may be recalled that in February this year, Turkish President Recep Tayyip Erdogan, while announcing to increase the trade volume from Pakistan to ارب 5 billion, had said that he was ready to help Pakistan in any way possible. Turkish investors are interested in investing in Pakistan’s infrastructure sector.

Later, Federal Minister Ali Zaidi invited Turkish companies to invest in export processing zones in Karachi and Gwadar and offered to deploy Pakistani seafarers on Turkish ships.

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Great news for Pakistan Prime Minister Imran Khan’s tweet

According to news, Prime Minister Imran Khan wrote this morning in a tweet announcing the current account surplus.

We are finally moving in the right direction. With a head plus of 73 73 million in September, the current account has reached 79 792 million for the first quarter.

The Prime Minister said that the current account had a deficit of 14 1492 million during the same period last year, while exports increased by 29% and remittances increased by 9% during the last month.
The fruits of effective economic measures of the government, Pakistan’s current account surplus
It may be recalled that in late September, the State Bank of Pakistan (SBP) had said in a statement on its social networking website that the current account surplus had fallen during the first two months of the current financial year, in July and August 2020. Current account surplus reached کروڑ 805 million.

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