ISLAMABAD: A meeting of the Economic Advisory Council (EAC) on Sunday gave approval to seek a loan of $42 million from the World Bank for the poverty eradication programme announced by Prime Minister Imran Khan.
The meeting, held at Bani Gala, was chaired by the PM and attended by Finance Minister Asad Umar and other ministers and senior government officials, a press release stated. Sources said Rs 5 billion would be released from the national development fund for the Naya Pakistan Housing Scheme. A formal announcement on these decisions would be made on December 29 as part of the government's 100-day plan. The prime minister also approved a social protection framework to ensure vulnerable segments of the society are protected.
The social protection framework aims at overcoming the challenges of poverty, health, stunted growth, education and enabling the youth realise their potential and extricate themselves out of generational poverty traps.
"The finalisation of these policies is for laying the foundation of a sustainable, inclusive, job creating and export-oriented economic growth strategy as part of the government's 100-day plan," according to the press release. The prime minister was also briefed on talks held between Pakistan and the IMF.
IHC registrar declined to comment on confidential matters
Asad Qaiser said that Prime Minister Shehbaz Sharif’s government had formed the caretaker government
Russia’s defence ministry said it would hold military drills including practice for the preparation and deployment...
Justice Mansoor Ali Shah remarked that there was no issue bigger issue of human rights in the country than the impact...
A ‘significant number of students’ from the IIOJ&K have been coming to Pakistan annually for medical education for...
The police conducted a special operation and traced the accused with the help of IT and other modern technologies