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Articles for tag: 50m, Aaid, actions, aid, announces, condemns, Conviction, Gauze, Gaza, Germany, Israel, Israels

September 6, 2024

News Desk

Germany announces €50m aid to Gaza, condemns Israel’s actions

Germany has pledged around $55 million in humanitarian aid to Palestinians in Gaza as Foreign Minister Annalena Baerbock, currently in Jordan, condemned Israeli actions in the area. This new aid brings Germany’s total contributions to Gaza since last year to around $400 million. Baerbock, speaking alongside Jordanian Foreign Minister Ayman Al-Safadi, stressed that the latest funding will focus on addressing hunger, food insecurity, malnutrition and providing health services amid the devastation caused by Israeli attacks. In addition to aid to Gaza, Germany is increasing its support for Syrian refugees in Jordan by $14.1 million, bringing total German aid to Jordan

January 23, 2024

News Desk

FBR rejects $50m tax break for TAPI gas project due to IMF conditions

To include TAPI in the FIPPA Act 2022, the Petroleum Directorate sent the draft summary to the ECC last October A representational image of dice that reads ‘TAX’ placed on gold coins. — Pexels TAPI remains delayed for 7 years due to failure in financial closures. The Petroleum Directorate sent a relevant draft summary to the ECC in October 2023. The ECC told the Petroleum Directorate to take up the matter with the FBR, the Finance Directorate. ISLAMABAD: The Federal Board of Revenue (FBR) is avoiding the inclusion of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in the Foreign Investment Promotion

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