Tue, 21-Oct-2025

Ukraine estimates that national recovery plan will cost $750 billion

Ukraine

Ukraine estimates that it requires $750 billion to finance a national recovery plan.  Russia’s invasion inflicted more than $100 billion in infrastructure damage, according to Prime Minister Denys Shmyhal. The country is currently assessing the damages and formulating a multi-phased restoration plan. Ukraine stated that it requires $750 billion to finance a national recovery plan … Read more

Businessmen demands restoration of 180 days period for export proceeds realisation

SBP

KARACHI: The business community has demanded the State Bank of Pakistan (SBP) to restore the 180 days period for realisation of export proceeds, a statement said on Friday. On January 5, 2022, the SBP amended the foreign exchange manual to reduce the number of days from 180 to 120 for the realisation of the export … Read more

Engro Foundation to implement forest restoration programme

Engro

KARACHI: Engro Foundation signed a letter of understanding with the Ministry of Climate Change and World Wildlife Fund (WWF) to develop a forest restoration and carbon offset programme, a statement said on Thursday. The Engro Foundation, which is the social investment arm of the Engro Corporation, will work alongside the government stakeholders and respective provincial … Read more