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Pakistan to Issue Green Bond for Hydropower Projects

Pakistan’s government is planning to issue a $500 million green bond in the next few months to help boost its development of hydroelectric power, Bloomberg reported. Adviser to Prime Minister Imran Khan on climate change, Malik Amin Aslam, spoke to the media saying that this bond will be denominated in Euros and is the first by …

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Govt to Allow Private Firms to Import Covid Shots with No Price Caps

Pakistan is to allow private companies to import coronavirus vaccines and has agreed to exempt such imports from price caps, according to documents reviewed by Reuters, even as the nation scrambles to secure supplies. The documents show the National Health Services, Regulations and Coordination division of the health ministry had sought a special cabinet exemption …

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New Data Protection Bill to Prevent Social Media Platforms from Using Data Without Consent

The ‘Data Protection Bill’ which will prohibit social media platforms like Facebook and Twitter from using consumers’ data without prior consent and will allow for the imposition of high fines for violations is in its final stages.   This was revealed by the officials of the Ministry of Information Technology & Telecommunication (MoIT&T) during a …

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Lahore to Get a Private Sector Technology Park

The Area Development Plan rules that were recently promulgated by Lahore Development Authority (LDA) are gaining traction. These rules have allowed developers to plan innovative large projects along the main arteries of Lahore, which is curbing down on illegal and unsightly strip development that has been seen otherwise in the metropolitan so far. In a recent …

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