[ad_1] BONN: The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries’ response to global warming. This anxiety has grown as the Trump administration has slashed foreign aid and discouraged US-based development lenders like the World Bank and the International … Read more
[ad_1] Listen to article ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Ministry of Finance to swiftly secure consent of the International Monetary Fund (IMF) for imposing sales tax on petroleum products as the matter has stalled investments of $6 billion in refinery upgrade projects. The government had earlier agreed to remove sales tax exemption … Read more
[ad_1] PESHAWAR: Khyber-Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur said the K-P government has fully met the International Monetary Fund (IMF) targets while it is working on a dedicated provincial power transmission line to provide locally produced electricity to industries at subsidized rates. Over the next three years, 500 MW of hydropower projects will be … Read more