The announcement came after a government team involved in the IPP agreements met with Chairman NAB Justice (retd) Javed Iqbal today.
The agreement is subject to the approval of the IMF’s Executive Board, the statement said adding the reviews’ completion would release around US$500 million.
Pakistan and the Asian Development Bank (ADB) on Tuesday signed a USD 2 million grant for the “COVID-19 Emergency Response.”
A 25 to 30-year agreement between the government and IPPs is currently under consideration, said the head of IPPs probe body.
The details of the Kohala hydropower project was presented in a meeting of Private Power and Infrastructure Board (PPIB) chaired by Energy Minister Omar Ayub.
Murad Saeed suspected that the Sindh government's agreement with five hospitals was apparently an attempt to misuse public funds in the name of COVID-19.
A memorandum of understanding (MoU) was signed between KP's education department, UNDP and Unicef for giving access to girls to get quality education in merged tribal districts.
The Pakistani side was led by Foreign Secretary Sohail Mahmood.
According to sources, the recent negotiations were held between the top representatives from both the sides, where they agreed to end hostilities towards each other.
After holding successful dialogues, the government and the opposition’s Rehbar Committee finally agree over venue of the march in Islamabad.