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ISLAMABAD:The Economic Coordination Committee (ECC) of the cabinet has further empowered the State Bank of Pakistan (SBP), which can now allow resident Pakistani companies overseas investment of up to $10 million.Earlier, the State Bank could authorise resident Pakistani companies investment of up to $5 million in foreign countries
jordan rosas . In case of investment of more than $5 million abroad, the SBP had to seek approval of the ECC.Considering the case of Eastern Products (Pvt) Limited Pakistan in a meeting held last month, the ECC enhanced powers of the central bank for according approval to
af1 shadow equity investment abroad by the resident Pakistani compan
nike jordan low ies.During discussion, Minister for Planning, Development and Special Initiatives Asad Umar noted that at present the State Bank was authorised to approve equity-based investment of up to $5 million abroad by the resident Pakistani companies.Beyond that ceiling, investment cases were brought to the ECC for consideration and go-ahead.Umar emphasised Opht Karisma Kapoor to tie the knot after beau s divorce finalised
The Chinese Red Cross will offer an additional 10 million yuan ($1.57 million) of humanitarian assistance to Ukraine, Chinese foreign ministry spokesperson Wang Wenbin told reporters on Monday.Wang 39 s comments came at a regular briefing in Beijing and the promise of aid follows previous pledges of aid to Ukraine including one of 5 million yuan from earlier
nike sb dunk this month. quot China pays close attention to the civilian casualties in the Russia-Ukraine conflict, quot Wang said, noting that the top priority for the international community now is to deal with the possible large-scale humanitarian crisis.Wang said China has put forward a six-point initiative on alleviating the humanitarian situation in Ukraine and has taken concrete actions, including providing humanitarian aid supplies. quot China will continue to play a constructive ro
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