The head of a global travel organisation on Monday opposed making COVID-19 vaccinations a requirement for travellers in the fight against the pandemic, despite scepticism about reaching herd immunity this year.
ECC allows import of additional 200,000T wheat
Business
January 7, 2021
ISLAMABAD: The government on Wednesday decided in principle to import additional 200,000 tons of wheat to create buffer stocks and avoid shortage till the harvesting of the next crop. The final decision will be taken after consultations with all stakeholders.
The Economic Coordination Committee (ECC) of the cabinet took the decision during a meeting presided over by Minister for Finance and Revenue Hafeez Shaikh.
Ministry of food security and research presented a detailed summary regarding provision of additional quantities of wheat to Utility Stores Corporation, Khyber Pakhtunkhwa and Jammu and Kashmir. The meeting was told about the availability of wheat stocks across the country.
Naya Pakistan certificates receive $89 million
Business
December 15, 2020
KARACHI: Pakistan’s newly-launched saving certificates have attracted around $89 million from overseas Pakistanis in a little over month, indicating a growing tendency of expatriates to avail attractive rates of return.
The State Bank of Pakistan (SBP) on Monday said Naya Pakistan certificates received $88.7 million since their launch earlier last month. The SBP rolled out a new regulatory framework to enable overseas Pakistanis to digitally open bank accounts, called Roshan digital account, in Pakistan without visiting a banking branch or embassy and remit their funds into the saving instruments.
“Inward remittances from overseas Pakistanis into Roshan digital account (RDA) touched another daily high with inflows of $11.2 million on 11 December,” the SBP said in a tweet. “To this date, total inward remittances into RDA have reached $154.6 million, with $88.7 million invested in Naya Pakistan cer