Topline Securities says chemical sector is likely to be significantly impacted as gas prices constitute a major part of total cost and impact is unlikely to be passed on to final consumers
Also gives approval for issuance of government of Pakistan guarantee amounting to Rs9.5bn for the project construction of Hyderabad-Sukkur motorway on build-operate-transfer basis
Agreement with the Hotel Union and the New York City Government (NYCG) will seek utilisation of the Roosevelt Hotel over a period of three years for immigrant housing business
Programme of around Rs14 billion will provide incentives to overseas Pakistanis to encourage them to send home more remittances through formal channels
Purpose is to help govt deal with expected increase in current account deficit
ECC meeting told that funds were allocated under the Economic Stimulus Package for the entire duration of the Covid-19 pandemic, irrespective of the financial year