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WB reaffirms support for Islamabad amid FinMin Aurangzeb’s ‘busy’ Washington trip

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Finance Minister Muhammad Aurangzeb (left) poses for a photo alongside World Bank President Ajay Banga in Washington on April 17, 2024. — X/@Financegovpk

Washington-based lender World Bank (WB) Wednesday reaffirmed its support for Islamabad’s for reforms and digitisation programmes as Finance Minister Muhammad Aurangzeb’s maiden Washington trip continues.

Aurangzeb, who is in Washington to hold negotiations with the International Monetary Fund (IMF) for a new bailout package and attend World Bank meetings, met WB President Ajay Banga and apprised him of Pakistan’s progress in the ongoing stand-by arrangement (SBA) with the global lender.

Inviting the WB president to visit Pakistan, the finance minister underscored the reforms undertaken by Islamabad with regards to taxation, energy and privatisation.

During the meeting, both sides also agreed upon the need for a 10-year rolling Country Framework Plan.

Pakistani delegation led by Minister of Finance Muhammad Aurangzeb (right) meets ADB President Masatsugu Asakawa in Washington on April 17, 2024. — X/@Financegovpk
Pakistani delegation led by Minister of Finance Muhammad Aurangzeb (right) meets ADB President Masatsugu Asakawa in Washington on April 17, 2024. — X/@Financegovpk 

Separately, Aurangzeb also led the Pakistani delegation’s meeting with Asian Development Bank (ADB) President Masatsugu Asakawa which saw the two sides discussing matters pertaining to further enhancing Islamabad’s partnership with the ADB protecting the country’s envelope of concessional financing and future project pipeline.

Furthermore, during his meeting with United States International Development Finance Corporation (DFC) CEO, Scott Nathan, FinMin Aurangzeb mulled over the prospects of widening DFC’s investment in Islamabad and “amicable resolution of outstanding issues”.

Finance Minister Muhammad Aurangzeb shakes hands with DFC CEO Scott Nathan in Washington on April 17, 2024. — X/@Financegovpk
Finance Minister Muhammad Aurangzeb shakes hands with DFC CEO Scott Nathan in Washington on April 17, 2024. — X/@Financegovpk

During the meeting, the minister apprised the senior DFC official of the government’s measures towards improving the country’s economy including the steps taken to encourage innovative financing models to leverage private sector investment and the potential of public-private partnerships.

He also reiterated Islamabad’s resolve to support investment initiatives taken by local and foreign investors in the country.

Pakistani delegation led by Minister of Finance Muhammad Aurangzeb (left) meets Saudi Foreign Minister Mohammad AL-Jadaan in Washington on April 16, 2024. — X/@Financegovpk
Pakistani delegation led by Minister of Finance Muhammad Aurangzeb (left) meets Saudi Foreign Minister Mohammad AL-Jadaan in Washington on April 16, 2024. — X/@Financegovpk

Before this, the finmin had a “constructive” meeting with his Saudi counterpart Mohammad AL-Jadaan wherein the latter reiterated support for Pakistan’s economic growth including through investments.

During the meeting, the finance ministers agreed to further broaden the bilateral cooperation and scale up the partnership between Islamabad and Riyadh in diverse fields.

Pakistan

Honda CD70 Dream Latest Price, Installment Plans – Sep 2024 Update – Pakistan Observer

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Honda remains leader in bikes market, with its top-selling units like CD 70, and that’s without making any major changes as the entry-level bikes look almost same for a long time. As the CD-70 remains its most selling model, bikes like the CD-70 Dream and Pridor are considered a niche products.

Despite failing to achieve top sales, CD 70 Dream is still in the market, featuring air-cooled, 4-stroke engine that delivers smooth performance and impressive fuel economy, often averaging around 60-70 km/l, making it ideal for daily commuting.

The bike looks better with stylish and modern design with attractive graphics, as compared to simple CD70. People also like its comfort as built quality remains optimum, comparing to other players.

Its pricing makes it accessible to a wide audience, including students and working professionals, solidifying its status as a favorite among motorcycle enthusiasts in Pakistan.

As bikes prices remain out of hands, people are having hard time to upgrade their ride while companies also face low sales.

Honda CD 70 Dream Price

The price of Honda CD70 Dream is Rs168,900 in September 2024.

Honda CD 70 Dream Installments

Installment Plans Monthly Payments 
3 months Rs56,300
6 months Rs28,300
9 months Rs21,890
12 months Rs17,200
24 months Rs10,170
36 months Rs7,800

 

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Check Property Ownership in Lahore, other Punjab cities Online – Pakistan Observer

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If you live in Lahore or any other city in Punjab; you might have faced difficulties in getting land record in previous years, but now the government made the land verification process smooth with digitization.

To curb the menace of land mafia and to help residents of Punjab, the government rolled out a systematic process and also eased the process of property transfers and real estate transactions.

A new verification system is Live by provincial authorities to check the legitimacy of properties available for purchase or investment across the region of 110 million people.

The relevant authority in this regard is Punjab Land Record Authority which oversees management and maintenance of land records. You can get different services, including ability to search for and view land records, as well as request copies of documents.

Check Property Ownership Online 2024

Here’s Step by Step Guide To Check property ownership

Step 1: Please visit PLRA portal at Punjab-zameen.gov.pk.

Step 2: Find ‘Property Registration,’ on home and click on https://rodportal.punjab-zameen.gov.pk/.

Step 3: It will ask you to select your district and service center.

Step 4: You can search by different options including Bahi number, ID card, registration number, or by person name.

Step 5: After entering details, please advance to ‘Search’ to get the land ownership.

With latest updates, you can check data on number of property transfers in last 36 months.

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Suzuki Bolan discontinued in Pakistan after 36 years; Here’s replacement for ‘Carry Dabba’ – Pakistan Observer

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LAHORE – Finally, it’s time to say goodbye to the iconic Suzuki Bolan as Pak Suzuki pulled plugs to replace the minivan with another model. Over the last 3.5 decades, Suzuki Bolan enjoyed decent sales and was valued for its flexibility, serving a multi-passenger vehicle and for commercial purposes.

Amid shift in auto landscape in Pakistan, Bolan becomes latest drive to be discontinued after Suzuki Mehran, which you can still spot.

Pictures of Suzuki Bolan’s last batch surfaced online, and Pakistanis hit nostalgia as many grew up in this vehicle. The final chassis number marked as 01151691. The country’s oldest automaker and maker of Bolan also confirmed discontinuation of the 800cc Carry Dabba.

The company decided to replace Bolan for its outdated design and lack of safety features. Amid its low sales, consumer demand for a modern replacement like Changan Karvaan increased.

Suzuki Every to Replace Bolan

Suzuki earlier mentioned that Every will replace Bolan, and one of its recent model was unveiled at a recent auto show.

The launch of Every models faced delays due to import challenges and it is expected to launch in mid October.

Suzuki Bolan Price in Pakistan

 

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Gold prices reach historic high in Pakistan – Pakistan Observer

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