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Articles for tag: Accurate infrastructure, ADB, approved, approves, Expensive, Investment, loan, million

June 6, 2024

News Desk

ADB approves expensive $250 million loan

Islamabad: The Asian Development Bank (ADB) on Wednesday approved an expensive $250 million loan to support policies to shift funding for major projects from the budget to the private sector, amid frustration from Prime Minister Shehbaz Sharif over the lack of progress in the private sector. funded programs. . The Manila-based lender’s board of directors has approved the release of the first tranche of its expensive and relatively short-term $500 million fiscal support loan for Pakistan. The loan has been approved under the name of Promoting Sustainable Public-Private Partnership in Pakistan. In an official statement, ADB said the policy-based loan

April 28, 2024

News Desk

Britain’s most expensive five-bed luxury flat is on sale for £175 million

One Hyde Park luxury apartment is on the market for a record price. — Tatler Britain’s most expensive apartment, once owned by pop star Kylie Minogue, is now up for sale for a staggering £175m, reports Daily Mail and Mirror. According to reports, the luxury apartment, which is located in the One Hyde Park apartment complex in the affluent area of ​​Knightsbridge, has Hollywood heartthrob Tom Cruise as its neighbour. In addition, the new owner of the luxury pad will surely be lucky as the apartment is within walking distance of the UK’s luxury department store, Harrod’s. Property tycoon brothers

April 13, 2024

News Desk

Nida Yasir says Fawad Khan is ‘too expensive’ to be on her show

Since starting her career as a breakfast show host in 2011, Nida Yasir has had many celebrities grace her sofa Good morning Pakistan. However, one actor who was conspicuously absent from Nida’s probing questions was none other than famous heartthrob Fawad Khan. During a candid Eid, the tables were turned on Nida as she, for once, took the questions from fellow hosts Nadia Khan and Aijaz Aslam. Asking the question that so many wanted to know the answer to, Aijaz said, “So why didn’t Fawad Khan come on your show?” “He’s too expensive,” Nida said bluntly without missing a beat.

April 2, 2024

News Desk

Government OKs $500M ADB Expensive Loan

Islamabad: The government on Monday gave the go-ahead for a massive $500 million loan from the Asian Development Bank (ADB) aimed at promoting an “enabling environment to attract private investment”. This strategy, while addressing immediate fiscal requirements, also drives Pakistan further into the debt trap. The Central Development Working Group (CDWP) has approved the “concept proposal” for the $500 million loan under the Sustainable Public-Private Partnership Promotion Program, according to the Ministry of Planning. Chaired by Vice President Dr Jehanzeb Khan, the CDWP meeting facilitated this decision. The loan will be acquired as fiscal support and in return, Pakistan has

January 18, 2024

News Desk

Is Prince Abdul Mateen of Brunei, Anisha Rosnah’s wedding the most expensive in the world?

Prince Abdul Mateen and Anisha Rosnah tie the knot in 10-day wedding celebration in Brunei After a ten-day celebration, Prince Abdul Mateen and Anisha Rosnah Isa Kalebic can now begin their married life together after giving the world a ‘wedding of the decade’. The celebrations were grand, including public, secular celebrations with traditional and religious ceremonies. The Katam Qur’an, a unique reading of the Qur’an, was read at the beginning of the previous Sunday. There, Anisha wore her first bridal look, which designer Teh Firdaus posted with the message: “It’s an honor to be a part of the royal wedding

January 1, 2024

News Desk

Expensive and unreliable electricity: a solution

LAHORE: After three decades of power sector reforms, there is underperformance in the power sub-sector. Electricity reforms are unable to fulfill the intended promises of affordable and reliable electricity to citizens. The first question is how to bring affordability to the system? The demerger of the Water and Power Development Authority (Wapda) led to the creation of a plethora of new companies. Since these companies are formed on a corporate model, an independent board of directors (BoD) oversees the affairs of each company. Normally, there are about a dozen board members, including the president. Each board member receives a meeting

November 29, 2023

News Desk

Taylor Swift Criticized for Expensive Rental of ‘Eras ​​Tour’ Movie.

Taylor Swift has announced that her ‘Eras ​​Tour’ movie will be available online from December 13 onwards. Taylor Swift sparks backlash for money-based tactics Netizens accuse Taylor Swift of taking advantage of her fame by setting high prices on it Taylor Swift: The Eras Tour online movie rental. Both Apple Music and Spotify have confirmed the 33-year-old’s status as their top artist in 2023 and recent reports from Bloomberg claimed that Eras’ mammoth tour this year officially made her a billionaire. However, despite her remarkable achievements as a singer, fans have criticized the Grammy-winning artist for always thinking of money-based

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