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EXIM bank

Pakistan, Korean Exim bank sign loan agreement for IT Park in Islamabad

ISLAMABAD: Pakistan signed a loan agreement with the Korean EXIM bank on Tuesday to build first state of the art multipurpose information Technology Park in Islamabad. Secretary Economic Affairs Division (EAD), Mr. Tariq Mahmood Pasha and Executive Director of Korean Exim Bank, Mr. Younghoon Chang signed the document. Finance Minister Senator Ishaq Dar, Minister for IT Anusha Rehman, and Korean Ambassador to Pakistan Dr. Dong-gu Suh were also present on the occasion. The IT Park would be constructed in Chak Shahzad…

Pakistan, Korea Exim bank to sign agreement to establish first IT Park

ISLAMABAD: Pakistan and Export-Import Bank (EXIM) of Korea will sign an agreement for the establishment of first Software Technology Park in Islamabad on February 21. This was announced by Minister of state for Information Technology Anusha Rahman at award distribution ceremony of the National Telecom Corporation. The state minister said that the project will help Pakistan to promote IT sector and more than 150 IT firms would be accommodated in the park. She said that construction will commence at the 45-acre land in…

New tax will not affect the common man, says Dar

ISLAMABAD: Finance Minister Ishaq Dar pledged on Wednesday for not allowing anyone to make artificial hike in price with the name of budget, ARY News reported. While addressing the post-budget news conference to explain salient features of the budgetary proposals in Islamabad on Wednesday, Ishaq dar said amendments can be made in the budgets on getting good suggestions. The Minister said an EXIM bank on the pattern of China and the United States would be established adding that its paid up capital would be Rs. 10 billion.…