PM s aide says Debt for Nature swap scheme in pipeline dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Pakistan and Saudi Arabia have long-standing and historic fraternal relations, rooted deep in common faith, shared history and mutual support.
The people of Pakistan hold the Custodian of the Two Holy Mosques in the highest esteem. Our relationship is marked by close cooperation in all fields and we look forward to further strengthen this equation especially our economic ties for our mutual benefit.
Being home to the two holiest cities for the Muslims across the world, Saudi Arabia has a key role in unifying the Muslim Ummah.
Pakistan highly values this role that Saudi Arabia has consistently been playing. One of the key challenges faced by Muslims today is Islamophobia.
A webinar on celebrating the Earth Day - Regional Cooperation for Sustainable Development and Climate Change was held on Saturday. Malik Amin Aslam, Special Assistant to Prime Minister on Climate Change spoke at the occasion that Pakistan is at the forefront of nature-based solutions for climate resilience and that it is essential to have cooperation at the regional level.
“Three main initiatives are ongoing in Pakistan at the moment, not only to build climate resilience but also to provide green jobs for Pakistani people, including 10 the Billion Tree Tsunami project, Protected Areas Initiative, and Recharge Pakistan. None of these initiatives can be undertaken in isolation, and a regional approach is significant so that we can collaborate on nature conservation at the regional level.” SA Malik Amin further explained.
Rs800b proposed for PSDP in budget
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April 22, 2021
ISLAMABAD: The budget-making process for 2021-22 has kick-started as the Ministry of Finance has shared Indicative Budget Ceiling (IBC) with the Ministry of Planning for allocation of Rs800 billion for Public Sector Development Programme (PSDP) in the next budget 2021-22.
“Yes, the Ministry of Finance has shared the IBC for allocation of development funds under the PSDP to the tune of Rs800 billion for the upcoming budget,” the official communication sent by the Finance Division to Ministry of Planning reads out here on Wednesday.
The utilisation of development funds both at the federal and provincial levels remained pathetic during last two years. The Planning Commission released full funds for the fourth quarter (April-June) period of the outgoing fiscal year but the utilization failed to get momentum so far. It is yet to seen how the utilization of development funds will be geared up after Eid Ul Fitr. Out of t