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Rs5 bn loan approved for Ravi Urban Authority to acquire land

Rs5 bn loan approved for Ravi Urban Authority to acquire land National December 18, 2020 LAHORE: The 39th cabinet meeting was held under the chair of Chief Minister Usman Buzdar at the CM’s office here on Thursday. The meeting gave approval to further extend the lease of state land in Cholistan and Rahim Yar Khan on previous rates to the President of UAE. This initiative of the Punjab cabinet will further strengthen the ties between both the countries. The meeting gave principle approval of five billion rupees loan to the Ravi Urban Development Authority for acquiring the land. Moreover, the meeting also approved for providing state land for the master plan of Ravi River Front Urban Development Project. Authority will present its business plan and financial model for this purpose. Vice Chairman, LDA, Sheikh Muhammad Imran and Chairman of the Authority Rashid Aziz gave the briefing to the cabinet about Ravi River Front Urban Development Project.

Cabinet approves Rs5b loan for Ravi Urban Authority to acquire land

Cabinet approves Rs5b loan for Ravi Urban Authority to acquire land Lahore December 18, 2020 LAHORE:The 39th cabinet meeting was held under the chair of Chief Minister Usman Buzdar at the CM’s office here on Thursday. The meeting gave approval to further extend the lease of state land in Cholistan and Rahim Yar Khan on previous rates to the President of UAE. This initiative of the Punjab cabinet will further strengthen the ties between both the countries. The meeting gave principle approval of five billion rupees loan to the Ravi Urban Development Authority for acquiring the land. Moreover, the meeting also approved for providing state land for the master plan of Ravi River Front Urban Development Project. Authority will present its business plan and financial model for this purpose.

SMEs play key role in stabilising economy, says PM

SMEs play key role in stabilising economy, says PM Top Story December 18, 2020 ISLAMABAD: Prime Minister Imran Khan Thursday said that all the economic indicators were moving in a positive direction, so it was necessary to promote the Small and Medium Enterprises (SMEs) for their further improvement. The prime minister said that small and medium enterprises were an important part of the economy and promoting them would stabilise the economy and increase employment opportunities. He directed to complete the targets set for the promotion of SMEs as soon as possible. In this connection, he chaired a meeting of the National Coordinating Committee for Small and Medium Enterprises here. Federal Minister for Finance Dr Abdul Hafeez Shaikh, Minister for Industries Muhammad Hammad Azhar, Special Assistant Usman Dar, chairman Board of Investment, Industry, Commerce, Finance, Energy, Petroleum and Law Division secretaries, chairman FBR, deputy governor SBP, SECP commissioner, CEO SMEDA,

SMEs important in stabilising economy: PM

Top Story December 18, 2020 ISLAMABAD: Prime Minister Imran Khan Thursday said that all the economic indicators were moving in a positive direction, so it was necessary to promote the Small and Medium Enterprises (SMEs) for their further improvement. The prime minister said that small and medium enterprises were an important part of the economy and promoting them would stabilise the economy and increase employment opportunities. He directed to complete the targets set for the promotion of SMEs as soon as possible. In this connection, he chaired a meeting of the National Coordinating Committee for Small and Medium Enterprises here. Federal Minister for Finance Dr Abdul Hafeez Shaikh, Minister for Industries Muhammad Hammad Azhar, Special Assistant Usman Dar, chairman Board of Investment, Industry, Commerce, Finance, Energy, Petroleum and Law Division secretaries, chairman FBR, deputy governor SBP, commissioner Securities and Exchange Commission of Pakistan, CEO SMEDA, MD Public P

Covid-19 spread: PM urges opposition to put off rallies

Top Story December 11, 2020 ISLAMABAD: Prime Minister Imran Khan Thursday appealed to the opposition to postpone rallies for two to three months, as 64 percent beds in Multan, where it held a rally recently, were now occupied by the corona patients. In a televised address after chairing a meeting of the National Coordination Committee on Covid-19 here, he called for collective efforts to check the spread of the pandemic. The opposition has announced to hold a rally in Lahore on December 13. Who could hold large rallies than the PTI government, he said, adding that governments never went with such activities. “When the public meetings are held, people come close to another and the virus spreads faster this way, but the opposition rallies will make no difference to the government,” he contended.

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