Tue, 21-Oct-2025

War in Ukraine: the US approves $2.6 billion in aid for allies and Ukraine

War in Ukraine

Nearly $2.7 billion (£2.3 billion) in additional aid has been approved by the US for Ukraine and its allies, including $675 million for weaponry to help Ukraine fight Russia. At a gathering of numerous other ministers at the US air station in Ramstein, Germany, Defence Secretary Lloyd Austin made the announcement about the armaments deal. … Read more

World Bank approves US$200 mn aid for Pakistan

world bank

The money was given as help to the nation because the World Bank has already contributed US$40 billion. The disbursement of US$1.17 billion under Pakistan’s Extended Fund Facility . It was agreed upon at the staff level between the International Monetary Fund (IMF) and Pakistan. Days after Pakistan and the International Monetary Fund (IMF) reached … Read more

Despite industry cautions, California approves a tax on lithium

lithium

Tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax are earmarked in part for the cleanup of the area. Tax will be reviewed every year, and state officials have agreed to study potentially. California on Thursday endorsed an arrangement to burden the electric vehicle … Read more

The Canadian Senate approves the budget on housing and Russian assets

Canadian Senate

Canada’s Senate passes Prime Minister Justin Trudeau’s budget with no changes. Bill C-19 includes a two-year ban on foreign home buyers and the power to confiscate assets seized from Russia. Budget spending remains expansive, though less so than in the previous two years. Canadian Senate on Thursday passed Prime Minister Justin Trudeau’s budget plan, taking … Read more

Punjab Provincial Development Working Party approves three development schemes

Punjab Provincial Development Working Party

The Punjab Provincial Development Working Party approved three development schemes of two sectors: Regional Planning (RP) and Agriculture at the total cost of Rs. 1,478.01 million. These schemes were approved in the 43rd meeting of Provincial Development Working Party (PDWP) of current fiscal year 2019-20 presided over the Chairman P&D Board Hamed Yaqoob Sheikh. All … Read more

ECC Approves PM’s Relief Package amid COVID 19

ECC

The Economic Coordination Committee has approved the Prime Minister Relief Package amid the coronavirus outbreak in Pakistan. Adviser on Finance Dr Abdul Hafeez Shaikh chaired ECC meeting in Islamabad and approved Rs 1.2 trillion corona relief package for the public amid the countrywide lockdown. The ECC called with a single-point agenda of relief package that … Read more