Pakistan IMF Reached $7 Billion Deal

Pakistan IMF – International Monetary Fund (IMF) have successfully negotiated a three-year, $7 billion aid package, the Washington-based institution announced on Saturday. This agreement offers significant relief to the nation, which has been grappling with severe economic challenges. The new program, Pakistan IMF Deal, pending approval from the IMF’s Executive Board, is designed to help […]

Pakistan Remittances Surge 11% to $30.3 Billion

Pakistan Remittances in Fiscal Year 2024

Multiworks Pakistan: Pakistan received over $30 billion in remittances in FY24, marking a 10.7% increase from the previous year. This substantial rise in Pakistan remittances highlights the growing reliance on funds from overseas Pakistanis, surpassing export earnings.The State Bank of Pakistan reported that total remittances for FY24 reached $30.3 billion, up from $27.3 billion in […]

Islamabad Theme Park Developing: Chinese Delegation Showed Keen Interest

MULTIWORKS ISLAMABAD: In a significant move towards enhancing the beauty and infrastructure of the Federal Capital, a Chinese delegation has expressed strong interest in developing a state-of-the-art Islamabad theme park in Islamabad. This initiative aims to boost the city’s appeal and provide modern recreational facilities to its residents. The delegation met with Capital Development Authority […]

CDA Facilitation Center to be Set Up and Upgraded to Mega One-Window Centers

Multiworks Islamabad: The Capital Development Authority – CDA decided to set up two more facilitation centers for residents of the Islamabad. The already built CDA facilitation center at sector G-7 of Islamabad was recently upgraded. The new CDA facilitation centre or mega one-window centres will be set up at G-11 and Kahuta on the model […]

Record High ICT Exports for Pakistan Despite Slow Growth

ICT exports of Pakistan

Islamabad: Pakistan’s ICT exports have soared to unprecedented heights, achieving a new pinnacle of $332 million in May alone, contributing to an annual total surpassing $3.15 billion. This recent surge marks a significant milestone, yet a deeper analysis reveals a more nuanced perspective. In 2023, ICT exports saw a modest growth of 2.5%, the slowest […]

CDA to Implement Baku Model for Landscaping in Islamabad, Pakistan

Multiworks, Islamabad: On the directive of Prime Minister Shehbaz Sharif, the Capital Development Authority (CDA) is set to transform Islamabad Pakistan using the landscaping model of Baku. An Azerbaijani delegation recently visited Islamabad Pakistan to evaluate various sites for this purpose. Over three days, these experts in landscaping and renovation assessed areas including Srinagar Highway, […]

CDA Goes Digital: Revolutionizing Property Services in Islamabad

Islamabad Multiworks: Exciting news for Islamabad residents! The Capital Development Authority (CDA) is set to fully digitize property transactions starting August 14th this year. From purchases to transfers, all property dealings will now be conducted through an e-registry system. This initiative aims to streamline processes and enhance transparency, with Chairman Muhammad Ali Randhawa leading the […]

Chairman CDA Directed Development Completion of All Islamabad New Sectors in Four Months

(CDA Development Update for all the New Sectors of Islamabad)   MULTIWORKS ISLAMABAD: The Capital Development Authority (CDA) has mandated the completion of ongoing development in new sectors within four months. This directive was issued during a critical meeting at CDA headquarters, chaired by CDA Chairman Chaudhary Muhammad Ali Randhawa. Chairman Randhawa reviewed progress in […]

Saudi Government to Fund Renovation of Faisal Mosque in Islamabad

Islamabad:  After over three decades since its construction, the Saudi government is set to finance the restoration of Faisal Mosque, a beloved landmark in Islamabad. The then Caretaker Interior Minister, Gohar Ijaz, along with Saudi envoy Nawaf Saeed Al-Maliki, and CDA Chairman Anwarul Haq, recently inspected the mosque to discuss renovation plans. Designed by Turkish […]

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