Key sources of Pakistan’s external debt
Engineering Post Report Pakistan’s external debt is derived from four key sources. Around 48 per cent as such comes from multi-lateral loans, 32 per cent from bilateral loans, 7 per cent from Eurobonds/ Sukuk and 14 per cent commercial loans including non-residential investment in domestic government securities. Although borrowing from commercial sources has relatively increased […]
24574 Engineers Seeking Jobs in Pakistan
Engineering Post Report As many as 24574 engineers throughout the country are seeking jobs, according to information downloaded from official website of Pakistan Engineering Council around mid-January 2021. There are as many as 103 engineering universities and colleges, main campuses and sub-campuses, functional in Punjab, Sindh, Khyber Pukhtoonkhwah,Balochstan, Islamabad and Azad Jammu and Kashmir. Pakistan […]
MIA group inks MoU with BoP for Kamyab Jawan scheme
The Bank of Punjab (BOP) and MIA Group of Companies (MIAGC) have signed a Memorandum of Understanding (MoU) for supply chain financing under Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme. Under the arrangement, The Bank of Punjab will provide subsidized business loans to top rated vendors and distributors of MIAGC.The MoU signing ceremony was hosted […]
Special ordinance to extend Amnesty for Construction industry
In a bid to maintain the inflow of investments in the construction industry, the government has decided to extend the amnesty scheme through Income Tax (Amendment) Ordinance, 2021. The immunity for first purchaser of a building or unit of a building from a new project or existing project subject to full or remaining payment has […]
Facilities being provided to Projects in Gwadar and other parts of Balochistan under CPEC
Engineering Post Report A number of development projects are under implementation and being planned under the great game changer China-Pakistan Economic Corridor (CPEC) in Gwadar and other parts of Balochstan province , as in the other parts of Pakistan, and being provided electricity, services and facilities on priority basis. According to the information available from […]