AIRLINK 183.80 Decreased By ▼ -0.06 (-0.03%)
BOP 12.00 Increased By ▲ 0.18 (1.52%)
CNERGY 7.51 Decreased By ▼ -0.01 (-0.13%)
FCCL 48.45 Increased By ▲ 2.07 (4.46%)
FFL 16.19 Increased By ▲ 0.04 (0.25%)
FLYNG 28.41 Increased By ▲ 0.63 (2.27%)
HUBC 139.45 Increased By ▲ 4.36 (3.23%)
HUMNL 13.10 Increased By ▲ 0.04 (0.31%)
KEL 4.65 Increased By ▲ 0.03 (0.65%)
KOSM 6.28 Increased By ▲ 0.08 (1.29%)
MLCF 60.50 Increased By ▲ 1.33 (2.25%)
OGDC 222.35 Decreased By ▼ -0.71 (-0.32%)
PACE 6.01 Increased By ▲ 0.22 (3.8%)
PAEL 44.62 Decreased By ▼ -0.33 (-0.73%)
PIAHCLA 17.90 Increased By ▲ 0.24 (1.36%)
PIBTL 10.68 Increased By ▲ 0.02 (0.19%)
POWER 11.81 Increased By ▲ 0.08 (0.68%)
PPL 186.79 Decreased By ▼ -0.26 (-0.14%)
PRL 36.35 Increased By ▲ 0.08 (0.22%)
PTC 24.64 Decreased By ▼ -0.13 (-0.52%)
SEARL 101.50 Increased By ▲ 0.55 (0.54%)
SILK 1.15 Decreased By ▼ -0.02 (-1.71%)
SSGC 36.60 Decreased By ▼ -0.36 (-0.97%)
SYM 15.78 Increased By ▲ 0.09 (0.57%)
TELE 8.00 Increased By ▲ 0.12 (1.52%)
TPLP 11.32 Increased By ▲ 0.49 (4.52%)
TRG 70.59 Increased By ▲ 3.97 (5.96%)
WAVESAPP 10.88 Increased By ▲ 0.06 (0.55%)
WTL 1.35 Increased By ▲ 0.02 (1.5%)
YOUW 3.77 Decreased By ▼ -0.04 (-1.05%)
AIRLINK 183.80 Decreased By ▼ -0.06 (-0.03%)
BOP 12.00 Increased By ▲ 0.18 (1.52%)
CNERGY 7.51 Decreased By ▼ -0.01 (-0.13%)
FCCL 48.45 Increased By ▲ 2.07 (4.46%)
FFL 16.19 Increased By ▲ 0.04 (0.25%)
FLYNG 28.41 Increased By ▲ 0.63 (2.27%)
HUBC 139.45 Increased By ▲ 4.36 (3.23%)
HUMNL 13.10 Increased By ▲ 0.04 (0.31%)
KEL 4.65 Increased By ▲ 0.03 (0.65%)
KOSM 6.28 Increased By ▲ 0.08 (1.29%)
MLCF 60.50 Increased By ▲ 1.33 (2.25%)
OGDC 222.35 Decreased By ▼ -0.71 (-0.32%)
PACE 6.01 Increased By ▲ 0.22 (3.8%)
PAEL 44.62 Decreased By ▼ -0.33 (-0.73%)
PIAHCLA 17.90 Increased By ▲ 0.24 (1.36%)
PIBTL 10.68 Increased By ▲ 0.02 (0.19%)
POWER 11.81 Increased By ▲ 0.08 (0.68%)
PPL 186.79 Decreased By ▼ -0.26 (-0.14%)
PRL 36.35 Increased By ▲ 0.08 (0.22%)
PTC 24.64 Decreased By ▼ -0.13 (-0.52%)
SEARL 101.50 Increased By ▲ 0.55 (0.54%)
SILK 1.15 Decreased By ▼ -0.02 (-1.71%)
SSGC 36.60 Decreased By ▼ -0.36 (-0.97%)
SYM 15.78 Increased By ▲ 0.09 (0.57%)
TELE 8.00 Increased By ▲ 0.12 (1.52%)
TPLP 11.32 Increased By ▲ 0.49 (4.52%)
TRG 70.59 Increased By ▲ 3.97 (5.96%)
WAVESAPP 10.88 Increased By ▲ 0.06 (0.55%)
WTL 1.35 Increased By ▲ 0.02 (1.5%)
YOUW 3.77 Decreased By ▼ -0.04 (-1.05%)
BR100 12,513 Increased By 54.7 (0.44%)
BR30 38,732 Increased By 425.7 (1.11%)
KSE100 117,563 Increased By 562.2 (0.48%)
KSE30 36,331 Increased By 197.1 (0.55%)
Pakistan

Rs 1.6bn collected for Diamer Basha, Mohmand Dam

The government has collected Rs 1.6 billion so far for the purpose of the construction of Diamer Basha and Mohmand
Published August 30, 2018

The government has collected Rs 1.6 billion so far for the purpose of the construction of Diamer Basha and Mohmand Dam in Pakistan.

At the moment, the total amount as of August 29, 2018 stands at Rs 1,584,765,924 in the Diamer Basha and Mohmand Dam Fund Account, established by the State Bank of Pakistan (SBP) on the instructions of Supreme Court.

The fund account was established back in July, 2018, with accounts have been opened in all SBP (BSC) field offices, commercial banks and microfinance banks. The fund can receive donations from both domestic and international donors -individuals and companies.

As of August 28, 2018, Rs 51,774,890 were collected through the central bank SMS service. Whereas, Rs 26.5 million was collected from Interbank transfer service (IBFT) whereas an amount of over Rs 1.49 billion was collected at bank branches.

Earlier on Tuesday, the SBP in order to facilitate the donations/payments made to Supreme Court of Pakistan’s Diamer Basha and Mohmand Dam Fund Account through payment cards (debit, credit or prepaid cards), decided that all issuing and acquiring banks in Pakistan shall not charge any service fee including interchange fee, merchant discount rate, transaction fee etc. on such transactions.

Copyright Business Recorder, 2018

Comments

Comments are closed.