10-yr PIB cut-off yield shrinks by 61bpsM Yasir Yousuf
The 10-year PIB cut-off yield declined by 61 basis points to 12.63 per cent from 13.24 per cent in the last PIB auction on April 16, 2009. Moreover weighted average yield stood at 12.57 per cent more... (FD)
Rs 500 billion to be earmarked for PSDP
The country has come out of the financial crisis and, with sufficient fiscal space, Public Sector Development Program (PSDP) for the next fiscal year will be of about Rs 500 billion. This was stated by Federal Minister for Information, Qamar Zaman Kaira, while briefing newsmen about the decisions at a meeting of senior bureaucrats of Sindh, presided over by President Zardari at Chief Minister House here on Wednesday more... (BR)
'Government seeking private sector investment'
Present government is increasingly looking to the private sector for investment and development of capital heavy infrastructure projects, Advisor to Infrastructure Project Development Facility (IPDF) Ghulam Murtaza Satti said while talking to a group of media persons more... (BR)