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The Export-Import financial institution of South Korea has specified a $forty nine million loan with the project but within the condition the consultants are going to be employed According to its motivation.
the present street portion are going to be submerged because of the development of your Diamer-Basha, Dasu, Azad Pattan and Thakot dams alongside the highway. Pakistan's optimum project acceptance authority has by now specified clearance to the 13.one billion Chinese Yuan or $two billion truly worth challenge.
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The government on Thursday banned the payment of pensions to retired pensioners residing overseas in overseas currency. The situation might be applicable on those who have been recruited just after January 1959.
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The ECC accepted to also improve the advantages of the Trade providers and divided the benefits into set and variable prices. On submission of 100% international Trade, the exchange corporations are presently getting Rs1 extra versus Each and every greenback mobilized.
The Chairman ECC Senator Muhammad Aurangzeb directed that in future no overseas loans should be taken for all those highway tasks, which can't create plenty of revenues to pay back these liabilities.
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It approved a Rs68 billion package deal for the industrial financial institutions and One more Rs10 billion for your exchange companies. the entire reward which the ECC authorized to provide these incentives amounted to Rs78 billion.
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The Public Procurement Regulatory Authority legislation binds The federal government to present contracts by way of competitive bidding. having said that, the PPRA rule five states that Any time these regulations are in conflict with an obligation or motivation of your federal federal government arising outside of an international treaty or an settlement by using a state, or any Worldwide economic establishment the provisions of these international treaty or agreement shall prevail to your extent of these types of conflict.