ISLAMABAD: Preparations have been made for re-profiling of $15.4 billion debt of electricity projects under the CPEC during the expected visit of Chinese prime minister to Pakistan this month.
A memorandum of understanding in this regard is likely to be signed during the visit of Chinese prime minister.
The Government of Pakistan has proposed re-profiling of debt for power projects under the CPEC which will increase the overall payment burden of Pakistan by $1.22 billion. As a result of the 5-year extension in payment, the amount of payment will increase from $15.40 billion to $16.62 billion, according to sources.
Pakistan’s Private Power Infrastructure Board and Chinese companies will sign the proposed MoU and approval for the MoU will be taken from the federal cabinet.
The crash took place near a residential area and close to a highly flammable tank of butane
The BS-18 IROs have been asked to submit their performance evaluation by October 24
15 of 29 Chief Justices of Pakistan or more than 50% of the total have to date hailed from the LHC Bar
People shop at a market in Lahore on April 30, 2022. — AFPISLAMABAD: Against the agreed target with the IMF to fetch...
Brides attend a mass-wedding ceremony in this undated photo. — APP/FileLAHORE: Punjab Chief Minister Maryam Nawaz...
Senator Ishaq Dar who is leading the Pakistan delegation has reached the venue
