Day: July 19, 2022

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More Monsoon Rains Predicted in Coming Days–NDMA Issued Fresh Advisory 

Islamabad, July 19, 2022 (PPI-OT):According to Pakistan Meteorological Department’s (PMD) weather advisory, the strong Monsoon currents are likely to penetrate in Upper and Central parts of the Country from 20 July 2022 (Wednesday). In view of PMD’s forecast, National Disaster Management Authority (NDMA) has issued fresh advisory to concerned Federal

Progress of work in Green Enclave project reviewed

Islamabad, July 19, 2022 (PPI-OT):Iftikhar Ali Shallwani, Federal Secretary Ministry of Housing and Works, visited Green Enclave 1 and 2, Bhara Kahu and Kashmir Avenue Apartments, Sector G-13 Islamabad along with Tariq Rashid, Director General Federal Government Employees Housing Authority. During the visit, Iftikhar Ali Shallwani was briefed about the

Ministry of Economic Affairs hosts Luncheon to discuss Development Partners Coordination Forum in Islamabad today 

Islamabad, July 19, 2022 (PPI-OT):The Luncheon was attended by Pakistan’s multilateral and bilateral Development Partners including; World Bank, Asian Development Bank, Islamic Development Bank, Asian Infrastructure Investment Bank, United Nations Resident Coordinator, Embassy of United States of America, USAID, British High Commission, Foreign Commonwealth and Development Office (FCDO), The Canadian

SECP declares right of use assets as admissible assets for insurers solvency 

Islamabad, July 19, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Insurance Rules, 2017 devising admissibility requirements of Right of Use Assets. Under International Financial Reporting Standard 16 (IFRS 16 – Leases), insurers are required to recognize a right of use liability (“ROU Liability”)