logologologologo
  • Home
  • Innovation
  • Industry
  • ESG
  • Policy
  • Podcast
  • About
  • Contact Us
  • Home
  • Innovation
  • Industry
  • ESG
  • Policy
  • Podcast
  • About
  • Contact Us
            No results See all results
            ✕
                      No results See all results
                      xAI Announces Launch of Grok 3 Chatbot
                      February 17, 2025
                      Visa Expands in Pakistan’s Digital Payments Market
                      February 17, 2025

                      Pakistan Joins BRICS-Backed New Development Bank

                      Published by News Desk on February 17, 2025
                      Categories
                      • News Update
                      Tags
                      • #BAnks
                      • #BRICS
                      • #GOKU
                      • OpenAI
                      • Pakistan

                      The Economic Coordination Committee (ECC), led by Finance Minister Muhammad Aurangzeb, has approved the purchase of 5,882 New Development Bank (NDB) shares for $582 million, with $116 million as paid-in capital. Joining NBD, supported by BRICS International Forum , improves Pakistan’s economic ties with the nations.

                      Additionally, ECC also allowed adding new Pakistan Standards & Quality Control Authority (Ministry of Sci. & Tech., Govt. of Pakistan) (PSQCA) items to the Import Policy Order, bringing certain #PVC and #polymer-based products under national regulations.

                      DISCOs’ shares have also been transferred to the President of Pakistan—free of financial strings. While Pakistan State Oil (PSO), got the green light to team up with Azerbaijan’s SOCAR Karyera to set up an International Joint Trading Company in Singapore, pending thorough due diligence.

                      Speaking of money—major allocations were approved, including Rs. 19.15 billion for 133 development projects, Rs. 5.36 billion for SDG programs in Sindh and KP, and Rs. 500 million for life-saving medicines. NADRA’s citizen centers, the President’s office, and the Digital Economy Enhancement Project also secured crucial funding.

                      Author

                      • News Desk

                      Share
                      0

                      Related posts

                      May 10, 2025

                      500+ Social Media Accounts Under Fire in Pakistan


                      Read more
                      May 8, 2025

                      Pakistan Issues Alert Over Suspected Indian Phishing


                      Read more
                      May 5, 2025

                      Payoneer Revises Fee Structure for Pakistani Users


                      Read more

                      Recent Post

                      • Pakistan Secures $3.5B for Reko Diq Progress
                        By Afifa Waqar Sherwani
                        In Industry
                      • Female Freelancers and Digital Safety: Tackling Harassment in Online Workspaces
                        By Zahra Durrani
                        In ESG
                      • Binance Donates $150K for Pakistan Flood Relief
                        By News Desk
                        In ESG

                      Recent Comment

                      • AdminJazz on Saudi AI Hub to Launch in Pakistan this October
                      • AdminJazz on PM Shehbaz Visits Malaysia to Boost Bilateral Trade
                      dp-logo-black

                      Empowering Pakistan through digital innovation. At Digital Pakistan, we bring you insights, analysis, and the latest stories shaping tech, policy, and digital culture across the country.

                      © 2023 Digital Pakistan | All Rights Reserved

                      Quick Link

                      Home

                      Podcast

                      About Us

                      Contact

                                No results See all results