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  • PAKISTAN
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    Pakistan, Turkiye reaffirm incresing trade volume

    Turkey seeks to join Pakistan-Saudi Defence Agreement

    Israeli forces killed 50 rushing to humanitarian aid trucks, says Gaza medic

    Five children among 13 Palestinian killed in fresh Israeli attacks

    Israel strikes Gaza’s only Catholic Church, killing three

    US condemns attacks on Christians in India

    Pakistan congratulates Donald Trump for winning as US president

    Trump says military force ‘always an option’ for Greenland

    I’m still president of Venezuela, Maduro pleads not guilty in US court

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    Head of Colombian Football arrested amid chaos at Copa America final

    Colombian president rejects Trump threats

    PM, army top brass highlight India’s repression in IIOJK on Youm-e-Istehsal Kashmir

    Kashmiri people observe Right to Self-Determination Day worldwide

    Syria President Ahmed al-Sharaa meets Saudi Crown Prince MBS in Riyadh in his first foreign visit

    Syria introduces new banknotes, removes Bashar’s portraits

    Bangladesh’s first female prime minister Khaleda Zia dies at 80

    Bangladesh’s first female prime minister Khaleda Zia dies at 80

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    PM Shehbaz denounces Israeli aggression in Gaza, Lebanon and Iran

    Govt to provide subsidised essential food items to citizens under Ramazan package, PM

    Gold price decreases Rs1,800 per tola

    Gold prices decrease in Pakistan

    FBR imposes 25% sales tax on cars with over Rs4m price

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    Govt suffers Rs1 trillion loss due to LNG mismanagement

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    OGRA reduces prices of LPG for June 2023

    LPG prices hiked across Pakistan as new year begins

    Petroleum ministry devises a new policy to bring down fuel prices by Rs20

    Petrol price likely to decrease on new year eve

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    FBR suspends six officials for absence from sugar mill monitoring duties

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    Irrfan Khan’s son honors father’s legacy

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Home PAKISTAN

Supreme Court to review record of foreign donations in Dam Fund

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in PAKISTAN
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The Supreme Court (SC) of Pakistan, on Monday, instructed State Bank of Pakistan to provide the record of foreign donations in Dam Fund.

Supreme Court’s five-member bench headed by by Chief Justice Gulzar Ahmed, along with Justice Umar Ata Bandial, Justice Faisal Arab, Justice Ijazul Ahsan and Justice Muneeb Akhtar heard the case regarding Dam Fund on Monday.

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The bench inquired about the matters pertaining to the Supreme Court Dam Fund which has been established for the construction of Diamer-bhasha and Mohmand Dams. Hearing the case, the court inquired about the spending and utilization of the Dam Fund.

Read More: PM urges to expedite dams’ construction

Furthermore, the court instructed State Bank of Pakistan (SBP) to provide details regarding foreign donations submitted to the Dam Fund. SBP officials responded that they have written to various embassies in this regard to which CJP Gulzar Ahmed remarked, “Letters won’t work. You will have to talk on phone.”

In addition to it, WAPDA officials were also present at the hearing and informed the court regarding the expected completion of the project and details pertaining to the spending of the Dam Fund.

“The first unit of the dam will become operational in 2024 while its third unit will complete by July 2025. There is no problem with regard to supply of fund for the project,” they noted.

It is to be noted that SC has established Dam Fund which enacts as a transparent and trustworthy platform for both Pakistanis and Pakistani diaspora oversees to contribute towards national development via donations.

Tags: Dam FundJustice Gulzar AhmedSCSupreme Court Dam Fund
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